This role is for one of our clients
Key Responsibilities
- Design and execute the annual risk-based internal audit plan encompassing branches, head office functions, credit, operations, finance, IT, and risk management areas.
- Lead audits of branches, processes, thematic areas, and special investigations across various locations.
- Assess the effectiveness of internal controls, governance structures, and risk management practices throughout the organization.
- Examine credit underwriting, disbursement, documentation, collections, and portfolio monitoring procedures specifically for Loan Against Property (LAP).
- Communicate audit findings and suggestions to senior management and the Audit Committee.
- Track the resolution of audit observations, ensuring business teams implement corrective actions promptly.
- Manage fraud risk frameworks and conduct investigations into suspected fraud incidents.
- Ensure compliance with NBFC regulatory standards and collaborate with statutory and regulatory auditors.
- Develop, mentor, and lead the internal audit team while enhancing risk-based audit practices and promoting the use of analytics.
