Senior Internal Auditor

Vistaar Financial Services Private Limited; Dindigul, Bidar District; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Vistaar Financial Services Pvt Ltd is seeking a Senior Internal Auditor for its Internal Audit department. Location is as per business requirement, with emphasis on MSME audits across branches to strengthen compliance and controls.

The role focuses on evaluating end-to-end processes from sourcing to disbursement, ensuring RBI/regulatory compliance, and providing actionable recommendations. Will travel across locations as needed.

Qualifications

• Graduation is required.
• Minimum 2 years of MSME audit experience.
• Strong knowledge of RBI regulations and secure audit processes.
• Proficiency in MS Excel and audit tools.

Responsibilities

• Conduct audits of MSME branches as per the approved audit plan.
• Discuss audit observations with auditee during closure meetings.
• Perform surprise audits and cash verification at branches.
• Review onboarding, KYC, disbursement, and loan closure processes.
• Prepare audit reports with observations, risk ratings and recommendations.
• Monitor closure of audit observations and ensure corrective actions.

Skills

MS Excel

Audit tools

Data analytics

Integrity

Analytical skills

Reporting

Communication

Travel

RBI regulations

Education

Graduation

Tools

MS Excel (advanced)

Audit software

Job description

Job Description

MSMEAuditor

Position Title: Senior Internal Auditor

Department: Internal Audit

Location: As per business requirement

Reporting To: Zonal Audit Head

Company: Vistaar Financial Services Pvt Ltd

About Vistaar Financial Services Pvt Ltd

VistaarFinancial Services Pvt Ltdis a leading NBFC focused on providing financial solutions to underserved and emerging customer segments across India. As part of its commitment to maintaining strong governance, operational excellence, and regulatory compliance, Vistaar Financial Services seeks a competent MSME Auditor to strengthen its Internal Audit function.

Role Purpose

The MSME Auditor will conduct independent audits across branches. The role ensures compliance with internal policies, regulatory requirements, operational controls, and risk management frameworks. The role will focus on assessing the end-to-end audit process. (Sourcing to disbursement).

Key Responsibilities

• Conduct audits of the MSME branches in accordance with the approved audit plan.
• Discuss audit observations with the auditee during the closure meeting.
• Early warning/Critical non-compliance escalation
• Perform surprise audits and physical cash verification at branches.
• Review customer onboarding, KYC documentation, sanctioning, disbursement, property document verification, Collection process, and loan closure processes.
• Audit overdue accounts and assess compliance with approved procedures.
• Identify operational, fraud, financial, and compliance risks in the MSME loan portfolio.
• Assess adherence to RBI regulations, internal policies, audit standards, and statutory requirements applicable to NBFCs.
• Recommend corrective and preventive actions to strengthen controls and reduce operational risk.
• Prepare comprehensive audit reports highlighting observations, risk ratings, root causes, and actionable recommendations.
• Audit report submission to the Zonal Head with the desired quality
• Monitor closure of audit observations and validate implementation of corrective actions.
• Support continuous auditing initiatives and process improvement projects.

Educational Qualification

• Graduation

Experience

• Minimum 2 years of relevant experiencein MSME audit (Candidate with relevant experience in secure audit).

Skills

• Strong understanding of Secure audit, operational processes, and associated risks along with RBI regulations.
• Proficiency in MS Excel, audit tools, and reporting systems.
• Working knowledge of data analytics techniques will be an advantage.
• High level of integrity and professional ethics.
• Strong analytical and investigative skills.
• Effective report writing and communication skills.
• Extensive travel across branch locations and regional offices as per audit schedules.