Location Name: Pune Corporate Office - Weikfield
Job Purpose
Outsourcing compliance audits for all departments within BFL. Adherence to RBI regulations on outsourcing.
Duties And Responsibilities
- Execute control testing for outsourced processes using defined test checklists (including onboarding, monitoring & controls, annual assessments, data security, service levels, incident reporting, and regulatory compliance).
- Perform sample-based walkthroughs, collect audit evidence, and assess control design and operating effectiveness.
- Document test procedures, results, exceptions, and root-cause analysis in a standardized format.
- Interpret and apply RBI regulations related to outsourcing of partners.
- Document critical outsourcing-related processes and controls.
- Obtain periodic data related to outsourced partners from relevant internal departments.
- Conduct periodic process assessments in coordination with business functions and compliance teams.
- Prepare gap assessment reports highlighting control and compliance deficiencies.
- Drive action plans for identified issues and track closure of compliance gaps.
- Manage internal stakeholders and coordinate with cross-functional teams to ensure timely compliance.
- Intrepretation of regulations, dissemination of circulars, onsite * offsite audits, review of documents etc.
Required Qualifications And Experience
- Bachelor's degree in Commerce (B.Com) / CS / equivalent, with a strong audit background.
- Experience in internal audit within a lending or financial services business.
- Strong experience in data analysis and audit/report drafting.
- Excellent proficiency in MS Excel and PowerPoint.
- Strong communication, interpersonal, and stakeholder management skills.
- Positive attitude with the ability to work effectively as a team player.
