Risk Based Internal Audit

Role & responsibilities

Conduct Risk-based internal audits across branches and departments to assess the adequacy and effectiveness of internal controls, compliance with policies, regulatory guidelines, and risk management processes.

• Plan and execute risk-based internal audits for branches, departments, and functional units.
• Identify key operational, financial, credit, and compliance risks.
• Review and evaluate internal control systems and risk mitigation measures.
• Conduct audit of loan processes, disbursement, documentation, collections, and branch operations.
• Verify compliance with NHB / RBI guidelines, company policies, and SOPs.
• Prepare audit observations, risk findings, and recommendations for process improvement.
• Follow up on audit observations and ensure timely closure of audit points.
• Assess fraud risks and highlight control gaps.
• Prepare audit reports and present findings to senior management.
• Support in developing annual risk-based audit plans.

Preferred candidate profile

• Strong knowledge of Risk Based internal audit, risk assessment, and compliance
• Understanding of housing finance / NBFC operations
• Knowledge of loan appraisal, credit monitoring, and branch processes
• Analytical and report writing skills
• Attention to detail and strong problem-solving ability
• Knowledge of RBI / NHB regulations