Head – Internal Audit – NBFC

Head Internal Audit

Key Responsibilities:

– Develop and implement the annual risk-based internal audit plan covering branches, HO functions, credit, operations, finance, IT, and risk areas.

– Lead branch audits, process audits, thematic audits, and special investigations across locations.

– Evaluate effectiveness of internal controls, governance, and risk management practices across the organization.

– Review credit underwriting, disbursement, documentation, collections, and portfolio monitoring processes for Loan Against Property.

– Present audit findings and recommendations to senior management and the Audit Committee.

– Monitor closure of audit observations and ensure timely corrective actions by business teams.

– Oversee fraud risk management frameworks and investigations of suspected fraud cases.

– Ensure adherence to NBFC regulatory requirements and coordinate with statutory/regulatory auditors.

– Build, mentor, and lead the internal audit team while strengthening risk-based audit methodologies and analytics adoption.

Ideal Profile:

– Strong hands-on experience in Internal Audit within NBFCs.

– Exposure to credit processes, collections, and the complete loan lifecycle.

– Experience in Loan Against Property (LAP) products.

– Senior-level experience with team handling and leadership responsibilities.

– Strong understanding of regulatory compliance, risk management, and audit controls.