Internal Audit Lead

Internal Audit Lead,

Roles & Responsibilities

1. Internal Audit & Risk Management:

• Develop and implement risk-based audit plans aligned with regulatory requirements and company policies.
• Conduct internal audits covering financial, operational, and compliance risks.
• Identify potential risks and recommend risk mitigation strategies.
• Assess the adequacy and effectiveness of internal controls and operational processes.

2. Regulatory & Compliance Oversight:

• Ensure compliance with

  RBI regulations, the Companies Act,

  and other applicable laws governing NBFCs.
• Monitor and evaluate regulatory updates and assess their impact on company policies.
• Conduct periodic compliance checks and prepare regulatory reports.

3. Process Improvement & Internal Controls:

• Recommend process improvements to enhance operational efficiency and control mechanisms.
• Work closely with various departments to ensure adherence to best practices and policies.
• Assist in developing and implementing

  Standard Operating Procedures (SOPs)

  .

4. Audit Reporting & Documentation:

• Prepare

  audit reports

  highlighting key findings, risks, and corrective actions.
• Present audit findings and recommendations to senior management.
• Maintain audit documentation and ensure timely follow-ups on audit observations.

5. Fraud Prevention & Investigation:

• Identify red flags and conduct investigations into potential fraud or irregularities.
• Work with legal and compliance teams to address and report fraud cases as required.

Qualifications & Skills:

• Educational Qualification:

  Chartered Accountant

• Experience:

  4-8 years

  of internal audit experience, preferably in BFSI. Big 4 experience is a plus.
• Strong knowledge of RBI guidelines, risk management, and internal control frameworks.
• Experience in using audit and risk assessment tools.
• Proficiency in audit software, and data analytics.
• Strong analytical and problem-solving skills.
• Sound understanding of financial statements and risk assessment techniques.
• Ability to interpret regulatory requirements and compliance obligations.
• Excellent report writing and communication skills.
• High level of integrity, objectivity, and attention to detail.
• Ability to work independently and collaborate with multiple stakeholders.