IIFL Home Loans - Lead - Audit (7-11 yrs)

Lead - Business Audit/Concurrent Audit/File Audit/Branch Audit/Construction Finance Audit

Key responsibilities :

- Supervise, conduct, and report on the testing and adequacy of the organization internal controls over Loans disbursed, Branch compliances and post disbursal compliance review of construction finance portfolio.

- Survey functions and activities in assigned areas to determine the nature of operations, and adequacy of the system of control to achieve established objectives.

- Identify common trends across audits and organization-wide issues, proposing appropriate systems control for improvements.

- Identify existing and potential risks and probable solutions for mitigating the same

- Develop and maintain the Internal Audit Procedures to ensure that best practice is taken account of and that the audits address specific areas of risk management.

- Evaluation of Overall Internal Control Ecosystem and monitor the implementation status of all recommendations.

- Responsible for monitoring and conducting of periodical branch audits compliance reviews.

- Efficient and effective tracking of Post disbursal documents for the loans disbursed.

- Ensure closure on audit observation within defined timelines, in coordination with relevant stakeholders and reporting thereof.

- Conduct risk assessment of audit reports and findings

- Recommend corrective and preventive actions along with suggesting improvements.

- Complete audit work papers by documenting audit tests and findings, highlighting observations.

- Create performance reports and data models to help make organization-level decisions.

- Produce high quality reports highlighting issues and suggesting potential solutions