IIFL Home Loans - Lead - Internal Audit - CA

Job Purpose

The Lead Internal Audit will spearhead the design, implementation, and execution of a Risk Based Internal Audit (RBIA) framework, ensuring compliance with RBI guidelines and industry best practices.

This role requires a Chartered Accountant (CA) with strong expertise in auditing, risk management, and internal controls, particularly in financial services, lending, and compliance oversight.

Key Responsibilities

Audit & Risk Framework

- Conduct enterprise-wide risk assessments to identify areas of potential vulnerability and \

prioritize audit coverage.

- Develop and present annual/quarterly audit plans and reports to the Audit Committee and senior management.

Execution & Oversight

- Lead and supervise audits across loan disbursements, branch operations, and post-disbursal compliance, with a focus on construction finance and related portfolios.

- Evaluate the adequacy and effectiveness of internal controls, ensuring operational, financial, and compliance risks are well mitigated.

- Monitor branch-level audits and ensure timely resolution of audit findings.

Governance & Reporting

- Prepare audit committee decks, dashboards, and reports highlighting key findings, emerging risks, and recommendations.

- Identify cross-functional control weaknesses and recommend process improvements to

strengthen governance.

- Track implementation of audit recommendations and report closure status.

Innovation & Continuous Improvement

- Build and maintain audit methodologies, manuals, and procedures aligned with global best practices.

- Provide strategic insights to management on risk trends, compliance gaps, and control environment maturity.

Qualifications & Requirements

Chartered Accountant (CA) Mandatory

- 7-15 years of experience in Internal Audit, Risk Management, or Compliance within BFSI / NBFC / Housing Finance sectors.

- In-depth knowledge of RBI regulations, risk-based auditing, and financial services compliance.

- Proven track record of leading internal audits, preparing audit committee reports, and

implementing risk mitigation strategies.

- Strong analytical, communication, and stakeholder management skills.

- Experience with automation, RPA, or audit analytics tools is an advantage