Head - Internal Audit

Key Responsibilities:

1. Audit Leadership & Strategy

2. Develop and implement a risk-based internal audit plan.

3. Define the scope, methodology, and frequency of audits across all company functions.

4. Align audit activities with strategic business goals and regulatory priorities.

Governance & Risk Oversight

1. Ensure the internal audit function operates independently and objectively.

2. Evaluate the adequacy and effectiveness of internal controls, risk management, and governance processes.

3. Report key findings to the Board Audit Committee and recommend corrective actions.

Regulatory Compliance

1. Monitor compliance with RBI and other regulatory guidelines.

2. Ensure audits address statutory requirements, including KYC, AML, and other critical frameworks.

Team Management

1. Lead, mentor, and manage a team of auditors and ensure ongoing skill development.

2. Ensure proper resourcing and performance of the audit team.

3. Promote ethical practices and a culture of accountability.

Stakeholder Engagement

1. Collaborate with senior leadership, external auditors, and regulators.

2. Present audit reports and insights to the Board and Audit Committee.

3. Provide advisory support on control frameworks and internal policies.

Special Audits & Investigations

1. Lead or oversee forensic audits, fraud investigations, and ad-hoc reviews as required.

2. Support the whistleblower framework and ensure thorough, unbiased handling of complaints.

Qualifications & Experience:

1. Chartered Accountant (CA), Certified Internal Auditor (CIA), or equivalent qualification.

2. Minimum 10 years of relevant experience in internal audit, preferably in the banking, NBFC/HFC sector.

3. Strong knowledge of RBI regulations, internal controls, risk management practices, and corporate governance.

Key Skills:

1. Deep understanding of banking operations and regulatory frameworks

2. Risk-based audit planning and execution

3. Leadership and team management

4. Analytical and investigative mindset

5. Strong communication and reporting skills

6. Ethical judgment and integrity