Internal Audit Manager

Job Title - Internal Audit (Credit Risk Models & Scorecard Based Lending)

Key Responsibilities:

• Conduct audits of Credit Scorecard models, Internal Rating models and model governance processes.
• Audit the end-to-end process of scorecard lifecycle, including model deployment, scorecard-based lending, credit scorecard.
• Assess data quality, consistency, and integrity within scorecards, Business Rule Engines (BRE), and related data pipelines, ensuring reliability of inputs and outputs across the credit decisioning framework.
• Ensure adherence to credit policies, risk appetite frameworks, and applicable RBI/NBFC guidelines.
• Perform process audits to ensure all business and operational processes comply with internal SOPs, governance frameworks, and regulatory guidelines for all Businesses/Departments
• Identify control gaps, highlight associated risks, recommend corrective actions, and monitor timely closure of audit findings.
• Prepare comprehensive audit reports with actionable insights, clearly communicating observations and recommendations to key stakeholders.

Required Skills & Competencies

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  Strong understanding of Credit Risk Models, Scorecard Model frameworks, and lending analytics.
• Exposure to model governance, underwriting processes, and regulatory guidelines (RBI/NBFC norms).
• Experience in Internal Audit for lending or BFSI institutions (preferred).

Experience: 24 years

Location: Mumbai

Qualification: BTech/MTech/Education in Statistics/Economics/Maths