Senior Manager Area Audit

TVS Credit Services Ltd; Pune District; On-site; INR 900,000 - 1,800,000; Full time

Job summary

TVS Credit Services Ltd is seeking a Senior Audit professional for Pune with 8+ years in Banking/NBFC audits. The role covers area-level audits across sales, credit, collections, and operations, with responsibility for scoping, walkthroughs, and risk control matrices.

The candidate will mentor juniors, manage audit observations, and ensure documentation standards. Strong knowledge of regulatory changes in the banking/NBFC sector is essential.

Qualifications

• MBA/CA required or equivalent
• 8+ years experience in Audit/Risk/Credit in Banking/NBFC sector
• Preference for risk-based audit experience; underwriting knowledge welcome
• Strong understanding of banking NBFC operations and risks

Responsibilities

• Execute area-level audits as per annual plan (Sales, Credit, Collections, Residual Management, RCU, Admin, HR, Finance & Accounts, IT, Legal)
• Define audit scope in consultation with seniors
• Perform process walkthroughs and draft Risk & Control Matrix under supervision
• Mentor junior team members and review audit procedures
• Document observations and discuss with seniors and process owners
• Ensure audit workflow and documentation are complete in the system
• Address senior review comments and track open points to closure
• Escalate significant observations and coordinate with data analytics team for pattern analysis
• Support senior in identifying data analytics projects and monitor risks across functions
• Keep updated with regulatory and industry developments affecting the company

Skills

Audit & Risk

Banking NBFC domain

Data Analytics

Leadership

Education

MBA/CA

Job description

Role & responsibilities

• Executing the Area level audits assigned as per the approved annual audit plan (Following processes applicable at Area or Branch level - Sales, Credit, Collections, Residual Management, RCU, Admin, HR, Finance & Accounts, IT, Legal)
• Determining the Audit scope in consultation with his seniors
• Carrying out process & system walkthroughs and drawing the Risk & Control Matrix under seniors supervision. Determine the audit procedures to be carried out
• Assisting his junior team in executing the audits and performing audit procedure
• Drafting Audit observations report and discussing the same with his senior and auditee/process owners
• Entire audit to be carried out in Audit system ensuring all steps are followed including proper workflow & documentation standards
• Addressing review comments of the senior
• Post audit Open points follow up & tracking; Closed points implementation testing
• Proactive in bringing to the knowledge of his senior, any significant observation noted during the course of the audit; Multi-tasking abilities
• Professional development of the junior team (AM/DM) through regular feedbacks on the projects; discussing their performance appraisal with his senior (Chief Mgr/AVP)
• Regular interaction/liaising with other functions/process owners; keeping himself abreast with all the developments happening in the Company; similarly keeping abreast with all the regulatory and technological changes/developments happening in the Industry
• Data Analytics Projects identification of Risk metrics/patterns that require continuous monitoring and discussing the same with Chief Mgr/AVP; Working jointly with his senior and the Data Analytics Team to get them developed in the form of system; Audit of the outliers/exceptions thrown by the system

Preferred candidate profile

• MBA/CA
• Min 8+ years of experience, with prior experience in the field of Audit/Risk/Credit/ in Banking / NBFC domain
• Prior experience of risk based audit would be preferred, however good underwriting experience (Retail, Rural, Commercial, etc) could also be considered
• Overall knowledge & experience of how Banks/NBFCs operate, the objectives and linkages of different functions and the key risks embedded in core business processes is a must