Internal Audit Manager

Job Description:Job Title: Internal Audit Manager - Mumbai

The Manager – Internal Audit will be responsible for planning and executing risk-based internal audits across business functions, evaluating the effectiveness of internal controls, ensuring compliance with applicable regulatory requirements, and recommending process improvements to strengthen governance and risk management.

Job Responsibility

• Plan, execute, and manage risk-based internal audits across business operations, including credit, operations, finance, collections, treasury, IT, and support functions.
• Evaluate the adequacy and effectiveness of internal controls, governance processes, and risk management frameworks.
• Assess compliance with applicable RBI, NHB, Companies Act, and other regulatory guidelines.
• Prepare comprehensive audit reports highlighting observations, root causes, risk implications, and practical recommendations.
• Discuss the queries/report with the Management.
• Preparation and maintenance of Work papers.
• Monitor implementation of audit recommendations and ensure timely closure of audit observations.
• Identify opportunities for process improvements and automation to enhance operational efficiency and strengthen internal controls.
• Support the development and execution of the annual risk-based internal audit plan.
• Analyse data using audit analytics and technology-enabled audit techniques to improve audit coverage and effectiveness.
• Explore and adopt Artificial Intelligence (AI)-enabled tools and analytics to improve audit planning, testing, reporting, and continuous monitoring.
• Stay updated with changes in regulatory requirements, industry practices, and emerging risks relevant to the HFC/NBFC sector.
• Mentor junior team members and contribute to building a high-performing internal audit function.Key Skills:Mandatory:
• The role requires strong domain expertise in the Housing Finance/NBFC sector, sound knowledge of RBI/NHB regulations, and the ability to leverage technology and AI-driven tools to enhance audit efficiency.
• Stay updated with changes in regulatory requirements, industry practices, and emerging risks relevant to the HFC/NBFC sector.
• Effective Communication Skills
• Proficiency in MS Office, strong analytical skills,
• Expertise in usage of Artificial Intelligence (AI) tools
• Team Player

Target Industry: BFSI, NBFC, Insurance, Financial Services

Gender: Open

Experience: 6–8years of relevant experience in Internal Audit within a Housing Finance Company (HFC) or Non-Banking Financial Company (NBFC).

Job Location: Andheri East, Mumbai

Working Days: 5 days

Qualification: Chartered Accountant /MBA

Notice Period: Immediate to 60 days

Relocation candidates: No

Pay: ₹1,500,000.00 - ₹1,800,000.00 per year

Work Location: In person