Head - Internal Audit - NBFC

Responsibilities :

- Formulating the framework and scope for risk based audit, plan and strategy for internal audits, management audits and concurrent audits

- Developing a thorough understanding of the organization, associated risk profiles and necessary control systems

- Identifying, assessing and ranking risks based on consultation with stakeholders

- Evaluating adequacy and effectiveness of internal controls for achieving management objectives

- Ensuring preparation of audit report in line with best practices, with due care towards collection and interpretation of evidence

- Deciding scope of audit, identifying and evaluating risk and control deficiencies

- Implementing independent tracking systems to follow up and escalate open issues

- Monitoring implementation of audit plan for central functions and ensuring reports within timelines

- Developing plan to tracking findings as well as ensuring closure of same, developing risk mitigation plan

- Ensuring audit work is completed and documented as per the required standards including RBI guidelines

- Developing a course of action for weaknesses uncovered and remedial steps to improve performance

- Report audit committee at required intervals on internal audit assignments including planned reviews, investigations, risk advisory work, and any other ad-hoc activity as required

Candidate Requirement :

- CA/Post graduate in Commerce/Financial Management

- Min 12-15 years of experience with excellent track record of leading audit & risk function with Banking/NBFC domain

- Extensive experience in conducting Enterprise level risk assessment and developing risk based audit plans

- Experience in Conducting independent operational risk assessment and control evaluation

- Experienced in Planning and Execution, Internal Process Control, Risk Assessment, Disaster Recovery Management, Cost Control & People Management

- Good listening and analytical skills

- Eye for detail

- Excellent Communication& Interpersonal skill.