Internal Audit Leadership Position for Risk Management and Control

18 hours ago


Delhi, Delhi, India Navi Full time

About Navi

Navi is a pioneering financial services company in India, specializing in personal and home loans, UPI, insurance, mutual funds, and gold. Our mission is to deliver innovative, customer-centric digital financial products that are simple, accessible, and affordable.

Key Qualities of a Navi Team Member:

  1. Perseverance, passion, and commitment to our mission and vision.
  2. An obsession with delivering high-quality results and ensuring excellence in all aspects of work.
  3. Resilience and adaptability in the face of change and uncertainty.

Brief Job Description

The Manager - Internal Audit will play a crucial role in assisting with the preparation of Navi's strategic risk-based internal audit plan and overseeing the internal audit function. The position requires providing reasonable assurance on the effectiveness of our risk management processes and internal controls. Key responsibilities include assessing organization-wide compliance with internal policies and procedures, laws, and regulations, as well as identifying and mitigating emerging risks.

Key Responsibilities:

Strategic Planning
  • Identify and prioritize emerging risk areas across various entities and functions.
  • Assist in resourcing and adjusting the audit plan to address changes in business risks, operations, and regulatory requirements.
Audit Execution
  • Develop and update audit tools and methodologies in line with IIA guidelines and industry best practices.
  • Oversee the execution of audits to assess controls, operational efficiency, and compliance with policies and regulations.
  • Identify red flags and anomalies, and assist in implementing corrective actions.
Stakeholder Management
  • Maintain strong relationships with key stakeholders across various entities.
  • Participate in critical business and technology initiatives, ensuring audit perspectives are effectively voiced and relevant controls are designed and implemented.
Reporting and Communication
  • Prepare and facilitate the development of BI and audit analytics dashboards and reporting.
  • Ensure timely delivery of MIS, reports, and data to support decision-making.

Requirements:

  • CA, CIA, or equivalent qualification preferred.
  • Minimum 5 years' experience in auditing and investigations, preferably in internal auditing, risk management, or fraud prevention (with at least 3 years in a management role).
  • Fintech or NBFC industry experience with knowledge of RBI, IRDAI, SEBI, and NPCI guidelines is highly desirable.

Estimated Salary: ₹18,00,000 - ₹25,00,000 per annum.



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