Altum Credo Home Finance - Head - Internal Audit (8-12 yrs)

Company Description:

Altum Credo Home Finance Private Limited is a Home Finance Company (NBFC-HFC) and regulated by the Reserve Bank of India.

The company focuses on addressing the home finance needs of customers in the Low and Medium Income Groups, particularly in the Urban periphery and Semi-Urban Areas of India.

Altum Credo aims to provide financial accessibility for First Home buyers in underserved segments.

Role Description:

This is a full-time on-site role for a Head of Internal Audit located in Pune.

Responsibilities will include:

- Lead the Internal Audit function and will be responsible for developing, planning, and conducting internal audits, monitoring the adequacy and effectiveness of the company's internal control, assessing financial risks, making recommendations for improvement, and ensuring compliance with policies and regulations.

- Spearhead internal audit program covering all loan disbursal/credit assessment (pre and post) and compliances.

- Handling internal audit of all functions.

- Assist to improving/developing standard operating procedures

- Independently conduct internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.

- Determining internal audit scope and developing annual audit/process control plans.

- Interacting with statutory auditors and regulators.

- Ensuring that transactions are not dealt with in routine but in adherence with the systems and procedures laid down.

- Adhere to laid down systems, procedures and safeguards.

- Report findings and make recommendations for the correction of noted control deficiencies, improvements in operations, and cost reductions.

- Conduct audit discussions with business management to identify the root cause to obtain sustainable management action plans.

- Keeping abreast of new and changing statutory and regulatory environments, particularly in developing and rapidly changing markets

Qualifications

- 8-12 years of relevant experience in NBFCs/Banks into Internal Audit

- Chartered Accountant or Post Graduate

- Ability to take ownership of the task assigned and work successfully under minimum supervision

- Detail-oriented and analytical