Internal Auditor – Digital Lending Impeccable HR Consulting

The Corporate Institute; Pune District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

The Corporate Institute in Pune is seeking a Manager of Internal Audit to lead our NBFC-focused function. You will develop and implement robust internal audit processes, assess risks, and ensure compliance with regulatory standards and best practices in the NBFC sector.

You will guide a team of auditors, conduct risk-based audits of lending, investment activities, treasury, and financial reporting, and provide actionable recommendations to strengthen controls and improve efficiency.

Qualifications

• CA certification is mandatory; other relevant certifications preferred.
• 4–7 years of experience in internal audit, risk management, or compliance in financial services.
• Exposure to NBFC operations and RBI guidelines and prudential norms.
• Strong understanding of internal control frameworks and risk assessment techniques.

Responsibilities

• Develop and execute internal audit plans tailored to NBFC operations.
• Identify and assess NBFC risks and regulatory compliance requirements.
• Lead risk-based audits across lending, investments, treasury, and financial reporting.
• Prepare audit reports with findings and remediation actions; guide audit team.

Skills

Analytical skills

Audit

Risk assessment

Regulatory knowledge

Education

CA

CIA

CPA

CISA

Tools

Excel

Analytics Tools

Job description

Job Summary:

We are seeking a highly skilled Manager for Internal Audit to perform tasks in our internal audit function specifically tailored for Non-Banking Financial Companies (NBFCs). The ideal candidate will be responsible for developing and implementing robust internal audit processes, assessing risks, and ensuring compliance with regulatory standards and best practices within the NBFC sector. The Manager will collaborate with a team of auditors to identify areas of improvement and provide recommendations for enhancing operational efficiency and risk management.

Responsibilities:

• 1. Internal Audit Strategy and Planning:
  • Develop and execute comprehensive internal audit plans tailored to the specific requirements and risks associated with NBFC operations.
  • Establish audit objectives, methodologies, and timelines to ensure thorough and efficient audit processes.
• 2. Risk Assessment and Compliance:
  • Identify and assess risks inherent in NBFC operations, including credit risk, market risk, operational risk, and compliance risk.
  • Monitor regulatory developments and ensure adherence to relevant laws, regulations, and industry guidelines governing NBFCs.
• 3. Audit Execution and Reporting:
  • Conduct risk-based internal audits of various functions within the organization, including lending operations, investment activities, treasury management, and financial reporting.
  • Perform detailed testing of internal controls and procedures to evaluate their effectiveness and identify control deficiencies or weaknesses.
  • Prepare comprehensive audit reports documenting findings, recommendations, and action plans for remediation.
  • Guide a team of internal auditors to understand and adapt to the changing NBFC landscape in respect of the regulatory expectations and providing comfort to the Board of directors.

Qualifications:

• CA mandatory, other additional certifications preferred (e.g., CIA, CPA, CISA).
• Candidates applying from Big-4s or Other Indian Firms must have slight exposure in Financial Services Sector industry.
• Experience (4-7 years) in internal audit, risk management, or compliance roles within the financial services industry, with a focus on NBFCs will be preferred.
• Eagerness to learn NBFC operations, products, and regulatory requirements, including RBI guidelines and prudential norms.
• Strong understanding of internal control frameworks, audit methodologies, and risk assessment techniques including Risk Based Internal Audit.
• Excellent analytical skills with the ability to interpret complex financial data and identify control deficiencies or operational inefficiencies.
• Knowledge in EXCEL and other Analytics Tools