Manager/Senior Manager - Internal Auditor - Retail Assets - CA

LOCATION: Mumbai

JOB OVERVIEW:

The primary role of INA function is to help the Board of Directors and senior management to protect its assets, reputation and sustainability. INA function provides independent and objective assurance as to whether design, quality and operational effectiveness of internal controls, risk management and governance related systems and processes as represented by management, is adequate.

KEY STAKEHOLDERS: INTERNAL

- Department & Business Heads

KEY STAKEHOLDERS: EXTERNAL

- Regulators, Statutory Auditors

REPORTING STRUCTURE:

Lead - Retail Asset, Internal Audit

QUALIFICATION: Chartered Accountant (Mandatory)

EXPERIENCE:

- Strong familiarity with Companies Act, RBI / NHB and other regulatory requirements.

- Significant experience in developing, testing, and assessing internal controls.

- Strong analytical skill with knowledge and understanding of the HFC, NBFC and Banking systems, internal control, and reporting processes.

- 3+ years of total work experience in internal audit and risk management of NBFC/ HFC/ Banking, and reputed audit firms. Preferred to have candidates from retail asset internal audit background who has managed central audits.

- Experience in undertaking audit for retail asset products and performing audits for retail lending business as per the risk-based audit plan.

- Conducting independent assessment, identifying associated risks and mitigants, financial analysis and identify miss outs.

- Review, documentation, pre- and post-disbursement conditions and monitoring practices and controls.

- Assess the Early Warning Signal (EWS) identification mechanism and its effectiveness.

- Identify potential weaknesses in risk evaluation, monitoring and overall related processes, and recommend appropriate corrective actions.

- Review adherence to internal processes as well as regulatory guidelines.

- Assesses and make appropriate recommendations to improve the governance processes on business decision making, risk management and control promote appropriate ethics and values within PCHFL and ensure effective performance management and staff accountability etc.

- Undertake audits, special investigations, or reviews at the request of Audit Committee of Board (ACB), Senior Management or Regulators.

- Preparation of Business Understanding Document and Audit Checklist ensuring adequate audit scope coverage.

- Review of work performed by the team along with Audit Findings and Discussion/Closure of the same with auditee.

- Preparation of audit reports with adequate documentation and post-report activities and closure of the audits in system.