Internal Audit Management Specialist

3 weeks ago


Chennai, Tamil Nadu, India Corenza Full time

About Corenza

Corenza is a leading platform in India's financial services sector, catering to the diverse credit requirements of households and businesses.

As a diversified non-banking financial company, Corenza's business model spans various sectors, products, geographies, and borrower segments.

Our integrated technology system and robust risk management framework enable us to offer a wide range of products efficiently at scale.

With over INR One Trillion in funds raised for clients since inception, our exposure is spread across 657 districts in 28 states and 7 Union Territories in India.

Our deep credit insights, proprietary risk models, structuring capability, and agile technology platform provide suitable debt products that meet borrowers' and lenders' needs in sectors like Microfinance, Small Business Loans, Vehicle Finance, Affordable Housing Finance, Agriculture Finance, Consumer Finance, and Mid-Market Corporates.

Job Responsibilities

  1. Audit Strategy: Develop and implement a comprehensive internal audit plan tailored to the wholesale banking division, aligning with organizational goals and risk profiles.
  2. Risk Evaluation: Conduct risk assessments to identify key areas of operational, credit, and compliance risks within wholesale banking.
  3. Audit Execution: Lead and manage audits, including planning, fieldwork, and reporting, ensuring thorough evaluations of business processes, financial controls, and compliance with regulations.
  4. Reporting and Insights: Prepare and present detailed audit reports to senior management and the audit committee, providing actionable insights and recommendations for improvement.
  5. Stakeholder Engagement: Collaborate with senior management and other departments to ensure effective communication and follow-up on audit findings and recommendations.
  6. Regulatory Compliance: Monitor changes in regulations affecting wholesale banking and ensure adherence to applicable laws, guidelines, and best practices.
  7. Team Leadership: Mentor and develop the internal audit team, promoting a culture of professionalism and continuous improvement.

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