OfBusiness - Head - Internal Audit - OXYZO

Location: Gurugram

Qualification: CA/CMA

Experience: 10-12 years of post-qualification experience in Internal Audit, Risk Management, Regulatory Compliance, Credit Audit, or Assurance functions within NBFCs, HFCs or Banks.

Roles & Responsibilities:

• Lead the Internal Audit function of the company and manage a team of 8-10 to ensure effective audits, strong controls, regulatory compliance, and continuous improvement across the business.
• Develop and implement a comprehensive Risk-Based Internal Audit framework in line with RBI guidelines and industry best practices.
• Conduct audits of KYC, AML, PMLA, CKYC, fraud risk management, and compliance with RBI Master Directions and Scale-Based Regulation (SBR) requirements.

Develop/Update and review SOPs, Process Flow Narratives, Risk Control Matrices (RCMs), and Internal Financial Controls (IFCs) across business functions.

• Establish and oversee a robust Branch Audit Program covering operational controls, setting up FCU and monitoring mechanisms to strengthen preventive controls, - portfolio quality, fraud prevention, and process compliance.
• Monitor closure of audit observations and ensure timely implementation of corrective action
• Handle Statutory auditors and Inspection team from regulator.
• Experience handling Audit Committee and Board-level presentations.

Requirement:

• Knowledge of IND-AS, Companies Act and RBI Master Directions
• Ability to collaborate with the team as well as work independently
• Exposure to audit tools and analytical tools
• Excellent inter-personal skills

Industry Preference: NBFC / Financial Services / Banking