Internal Auditor

Piramal Finance; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Piramal Finance in Mumbai is seeking an internal audit professional to conduct risk-based audits across Retail Assets, Wholesale/Credit and support functions such as Treasury, Finance and IT. You will evaluate adherence to policies, SOPs and regulatory guidelines, assess risk mitigants, monitor early warning signals, and report findings with clear recommendations.

This role involves documenting BUDs, risk assessments, audit plans and checklists to ensure comprehensive audit coverage and

Responsibilities

• Conduct risk-based internal audits across business verticals including Retail Assets, Wholesale/Credit, and Support functions (Treasury, Finance, HR, IT, etc.)
• Perform assessments of business processes, controls, documentation, underwriting, monitoring mechanisms, and operational practices to identify associated risks and mitigants.
• Evaluate adherence to internal policies, SOPs, regulatory guidelines, and governance standards, and highlight deviations or control weaknesses.
• Review effectiveness of risk monitoring frameworks including Early Warning Signals (EWS), exception management, portfolio monitoring, and escalation mechanisms, where applicable.
• Identify gaps in process design, control execution, and risk management practices, and recommend practical corrective and preventive actions.
• Prepare Business Understanding Documents (BUDs), risk assessments, audit plans, and checklists to ensure comprehensive audit coverage.
• Draft clear, concise, and actionable audit reports supported by adequate documentation and evidence.

Job description

• Conduct risk-based internal audits across business verticals including Retail Assets, Wholesale/Credit, and Support functions (Treasury, Finance, HR, IT, etc.)
• Perform assessments of business processes, controls, documentation, underwriting, monitoring mechanisms, and operational practices to identify associated risks and mitigants.
• Evaluate adherence to internal policies, SOPs, regulatory guidelines, and governance standards, and highlight deviations or control weaknesses.
• Review effectiveness of risk monitoring frameworks including Early Warning Signals (EWS), exception management, portfolio monitoring, and escalation mechanisms, where applicable.
• Identify gaps in process design, control execution, and risk management practices, and recommend practical corrective and preventive actions.
• Prepare Business Understanding Documents (BUDs), risk assessments, audit plans, and checklists to ensure comprehensive audit coverage.
• Draft clear, concise, and actionable audit reports supported by adequate documentation and evidence.