IIFL Home Loans – Lead – Internal Audit – CA

IIFL Home Loans; Gurugram District; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A financial services company is looking for an Internal Auditor to design and implement a risk-based internal audit framework. The role involves conducting risk assessments, preparing audit plans, supervising internal controls, and identifying risks. The ideal candidate will monitor compliance, develop audit procedures using robotic process automation, and produce high-quality reports. This position ensures the effectiveness of governance systems and timely audit execution.

Responsibilities

• Design and implement Risk Based Internal Audit Framework.
• Conduct risk assessments based on defined frameworks.
• Prepare audit plans based on risk assessment outcomes.
• Supervise internal controls over loans and compliance reviews.
• Identify risks and propose systems controls for improvements.
• Utilize robotic process automation technology for validations.
• Monitor implementation status of audit recommendations.
• Document audit tests and findings thoroughly.
• Create performance reports to aid organizational decisions.

Job description

Key Job Responsibilities

• Design and Implement Risk Based Internal Audit Framework
• Responsible for conducting Risk assessment basis Risk based internal audit framework defined by RBI.
• Preparation of Audit plan basis Risk assessment outcome and creation of presentation decks for Audit committee reporting.
• Supervise, conduct and report on the testing and adequacy of the organization internal controls over Loan disbursed, Branch compliances and post disbursal compliance review of construction finance portfolio.
• Survey functions and activities in assigned areas to determine the nature of operations and adequacy of the system of control to achieve established objectives
• Identify common trends across audits and organization-wide issues, proposing appropriate systems control for improvements.
• Identify existing and potential risks with probable solutions for mitigating the same.
• Develop and maintain the Internal Audit Procedures to ensure that best practice is taken account of and that the audits address specific areas of risk management
• Assist in development of Digital validation of Critical control through the use of Robotic process automation technology.
• Evaluation of Overall Internal Control Ecosystem and monitor the implementation status of all recommendations.
• Responsible for monitoring and conducting of periodical branch audits compliance reviews.
• Efficient and effective tracking of Post disbursal documents for the loans disbursed
• Timely execution of all the Audits as per approved plan
• Regular follow up on Open Audit Observations leading to timely closure.
• Conduct risk assessment of audit reports and findings
• Recommend corrective and preventive actions along with suggesting improvements.
• Complete audit work papers by documenting audit tests and findings, highlighting observations.
• Create performance reports and data models to help make organization-level decisions
• Produce high quality reports highlighting issues and suggesting potential solutions
• Provide reasonable assurance that risk management, control, and governance systems are functioning as intended