IIFL Home Loans - Lead - Internal Audit - CA (7-12 yrs)

Key Job Responsibilities :

- Design and Implement Risk Based Internal Audit Framework

- Responsible for conducting Risk assessment basis Risk based internal audit framework defined by RBI.

- Preparation of Audit plan basis Risk assessment outcome and creation of presentation decks for Audit committee reporting.

- Supervise, conduct and report on the testing and adequacy of the organization internal controls over Loan 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 with 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

- Assist in development of Digital validation of Critical control through the use of Robotic process automation technology.

- 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

- Timely execution of all the Audits as per approved plan

- Regular follow up on Open Audit Observations leading to timely closure.

- 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

- Provide reasonable assurance that risk management, control, and governance systems are functioning as intended