Head - Internal Audit - CA

Job Description:

We are seeking an experienced Head Internal Audit to lead the Internal Audit function for a leading NBFC. The role is responsible for strengthening governance, enhancing risk management frameworks, ensuring regulatory compliance, and driving operational excellence through independent, risk-based audits.

The ideal candidate should have strong expertise in internal controls, RBI regulations applicable to NBFCs, enterprise risk management, audit planning, and stakeholder management. This leadership role requires close collaboration with senior management, business leaders, and the Audit Committee to build a robust control environment and support sustainable business growth.

Key Responsibilities:

- Develop and execute the annual risk-based internal audit plan aligned with business objectives and regulatory requirements.

- Lead end-to-end internal audits across lending operations, treasury, finance, collections, credit, compliance, technology, and support functions.

- Evaluate the effectiveness of internal controls, governance processes, and risk management frameworks.

- Identify operational, financial, compliance, and strategic risks and recommend mitigation measures.

- Ensure adherence to RBI guidelines, Companies Act, and other applicable regulatory requirements for NBFCs.

- Review policies, SOPs, and operational processes to strengthen governance and improve efficiency.

- Monitor audit observations, corrective action plans (CAPA), and timely closure of audit findings.

- Present audit findings, risk assessments, and recommendations to senior management and the Audit Committee.

- Conduct thematic, investigative, and special audits whenever required.

- Collaborate with external auditors, statutory auditors, regulators, and consultants during inspections and audits.

- Drive continuous improvement initiatives by identifying process gaps and implementing best practices.

- Support enterprise risk management initiatives and strengthen the organization's control framework.

- Promote audit automation, data analytics, and technology-enabled audit methodologies.

- Build strong relationships with business stakeholders while maintaining audit independence.

- Lead, mentor, and develop the internal audit team to enhance technical capabilities and performance.

- Ensure compliance with internal policies, ethical standards, and professional auditing practices.

Required Skills:

- Internal Audit

- Risk-Based Auditing

- Enterprise Risk Management

- Internal Controls & Governance

- Regulatory Compliance (RBI & NBFC Regulations)

- Audit Planning & Execution

- Risk Assessment

- Operational & Financial Audits

- Corporate Governance

- SOP Review & Process Improvement

- Compliance Audits

- Audit Committee Reporting

- Corrective & Preventive Action (CAPA)

- Business Process Reviews

- Regulatory Inspections

- Audit Automation & Data Analytics

- Stakeholder Management

- Leadership & Team Management

Preferred Qualifications:

- Chartered Accountant (CA) is mandatory.

- 8-10 years of post-qualification experience in Internal Audit, Risk Management, or Compliance within an NBFC, Banking, Financial Services, or FinTech organization.

- Strong understanding of RBI regulations, lending operations, treasury, and financial controls.

- Experience presenting audit findings to senior leadership and Audit Committees.

- Hands-on exposure to audit management tools, ERP systems, and data analytics will be an advantage.

- Strong analytical, communication, and stakeholder management skills.

(ref:iimjobs.com)