Job Description: Manager / Senior Manager – Internal Audit Department: Internal Audit / Governance & Risk Industry: Financial Services / Banking / NBFC / Fintech Experience Required: 4–6 Years Qualification: Chartered Accountant (CA) / MBA (Finance); CIA preferred Role Overview The Manager / Senior Manager – Internal Audit will be responsible for establishing, leading, and independently managing the Internal Audit (IA) function. This role encompasses developing risk-based audit plans, governing co-sourced audit partners, ensuring strict adherence to regulatory standards (RBI), and delivering objective assurance to the Audit Committee. The ideal candidate brings strong domain experience in financial services/fintech, exceptional analytical rigor, and the ability to influence key stakeholders across the business. Key Responsibilities Framework, Strategy & Governance Establish and continuously improve the Internal Audit framework, audit charter, policies, and operating model. Develop and execute a Risk-Based Internal Audit (RBIA) plan aligned with business objectives and regulatory expectations. Build and maintain a comprehensive audit universe covering operations, technology, compliance, and financial controls. Ensure organizational independence of the internal audit function and manage direct reporting to the Audit Committee. Co-Source Partner Management & Quality Assurance Lead the onboarding, contract management, and day-to-day governance of co-source IA partner(s) (including Big 4 and specialized consulting firms). Define audit scopes, allocate audit assignments, and critically review partner deliverables to ensure high-quality execution. Review audit work-papers, correspondence, and working documentation to confirm audit objectives are fully satisfied. Enforce internal audit quality assurance procedures, ensuring adherence to established methodologies, agreed timelines, and coverage targets. Audit Execution, Reporting & Statutory Alignment Review audit findings, risk ratings, and root cause analyses to ensure findings are objective and actionable. Finalize comprehensive internal audit reports prior to submission to Senior Management and the Audit Committee. Maintain regular interaction with statutory auditors to stay informed on accounting and financial issues observed; review and propose quarterly adjustments to the annual internal audit plan based on these insights. Issue Tracking & Remediation Oversee the continuous monitoring and closure tracking of audit observations and management action plans. Drive the timely resolution and closure of high-risk audit findings. Maintain the action tracker report and perform independent verification testing on the implementation status of committed management actions. Qualifications & Experience Educational Background: Chartered Accountant (CA) or MBA in Finance. Certified Internal Auditor (CIA) designation is strongly preferred. Work Experience: 4 to 6 years of experience in Internal Audit, Risk, or Compliance within Banking, Financial Services, or an NBFC setting. Domain Knowledge: Prior exposure to the digital lending or fintech ecosystem, with deep knowledge of Reserve Bank of India (RBI) regulations and NBFC-specific regulatory guidelines. Vendor Governance: Demonstrated experience in managing co-sourced audit partners and top-tier consulting firms. Technical & Professional Competencies Audit Independence & Execution: Ability to independently lead the internal audit function with a lean internal team. Analytical & Business Acumen: Strong business mindset combined with analytical problem-solving skills and sharp attention to detail. Communication & Influencing: Excellent verbal and written communication skills to clearly and succinctly articulate complex audit issues to executive leadership. Stakeholder Management: Proven ability to build key cross-functional relationships, constructively challenge management, and enforce governance standards. Drive & Mindset: High energy, perseverance, and accountability, with a willingness to encourage and implement innovative audit practices.