Associate Vice President - Internal Audit

About the Company : NIIF Infrastructure Finance Limited is a leading financial services organization in the infrastructure lending space. Financial details of the company are as below :

Size : Loan Book ~Rs. 25,233 cr (FY 2025)

Taxation status : Exempt from Income Tax u / s 10(47) of the Income tax Act

Net Profit : Rs. 487 cr (FY 2025)

Asset quality : 0% NPA since inception

Sponsor : National Investment and Infrastructure Fund (NIIF) was set up by a Union Budget announcement by the Hon’ble Finance Minister of India. NIIF is India’s sovereign fund, which is owned 49% by the Govt of India and 51% by international and domestic funds. NIIF holds majority equity ownership in NIIF IFL

Website : www.niififl.in

Job Description :

• Conduct risk-based audits across various business functions.
• Perform an end-to-end review of the process / audit under the guidance of the Head of Internal Audit.
• Effectively engage with the process owners by having regular discussions during the audit to understand the processes, conduct walk-throughs, gather data information, execute audit checks, and keep them apprised with preliminary observations.
• Identify process design and operating gaps along with Root cause analysis of the observation.
• Assist in the preparation of the audit update deck for the Audit Committee
• Perform a thorough review of KYC-related requirements as per regulatory guidelines.
• Report on the status of Internal control deficiencies and remediation efforts.
• Organise audit-related documentation, including work papers, audit plans, and testing templates.
• Design additional checkpoints to align with regulatory requirements and internal policies.
• Follow up on audit recommendations to ensure timely and effective implementation.

Knowledge & Experience :

Qualification :