Internal Audit
- Conduct periodic internal audits of branches, departments, and corporate offices as per the approved audit plan.
- Verify compliance with Company policies, Standard Operating Procedures (SOPs), and internal guidelines.
- Evaluate the effectiveness of internal controls and recommend improvements.
- Perform operational, financial, compliance, and process audits.
Financial & Operational Verification
- Verify cash balances, loan disbursements, collections, fixed assets, investments, and accounting records.
- Review branch-level financial transactions for accuracy and completeness.
- Conduct surprise cash verification and physical verification of assets.
- Ensure proper documentation of loan files and statutory records.
Compliance Audit
- Verify compliance with applicable regulatory requirements, including RBI guidelines and other statutory provisions applicable to NBFCs.
- Review adherence to KYC/AML policies and internal compliance procedures.
- Report instances of regulatory non-compliance and recommend corrective actions.
Risk Assessment
- Identify operational, financial, compliance, and fraud risks.
- Evaluate risk mitigation measures implemented by various departments.
- Recommend process improvements to strengthen internal controls.
Fraud Detection & Investigation
- Identify suspicious transactions and potential fraud indicators.
- Conduct special investigations as directed by Management.
- Assist in gathering evidence relating to fraud, financial irregularities, or policy violations.
- Prepare investigation reports with supporting documentation.
Audit Reporting
- Prepare detailed audit reports highlighting observations, risks, and recommendations.
- Assign risk ratings to audit findings.
- Present audit findings to Management.
- Maintain proper audit working papers and documentation.
Follow-up & Monitoring
- Monitor implementation of audit recommendations.
- Conduct follow-up audits to verify closure of audit observations.
- Escalate unresolved or recurring issues to Management.
Process Improvement
- Recommend improvements in operational efficiency and internal controls.
- Assist Management in developing and updating policies and SOPs.
- Promote best practices in governance and risk management.
Coordination
- Coordinate with branch managers, department heads, compliance teams, and external auditors whenever required.
- Support statutory, concurrent, and regulatory audits by providing necessary information.
Pay: ₹13,000.00 - ₹15,000.00 per month
Work Location: In person
