Our client is a global platform for payments and lending business head-quartered in Mumbai.


The role reports to theCEO and Audit committee

Principle job responsibilities:

  • Lead Internal Audit’s annual risk assessment and enterprise risk assessment and planning process to develop the audit plan and ensure the plan is responsive to and aligned with the risk profile of the organization.
  • Submit timely reports on findings to Senior Management including quarterly Comprehensive Report to the Local Management Committee.
  • Follow up for completion responses to Audit Findings (both Internal as well as Concurrent) and verify that rectification is indeed carried out as per laid down regulatory / bank norms and time lines fixed.
  • Determine compliance with policies and procedures.
  • Develop and Review Internal Risk Based Audit and Concurrent Manuals / Policies on an on-going basis.
  • Lead Internal Audit’s change initiative by implementing action plans related to risk assessment and annual planning, audit execution, audit reporting, staff recruiting and development, audit technology, and Audit Committee reporting.
  • Oversee the execution of individual audits defined in the audit plan ensuring the highest level of service quality and client satisfaction.
  • Issue all Internal Audit reports ensuring the reports are clear, concise, identify root causes with practical solutions, and ultimately provide value to management.
  • Meet regularly with the Audit Committee to report the status of Internal Audit’s on-going monitoring activities, educate/inform the committee of emerging risks and/or exposures (whether internal or external to the company) that should be considered, and serve as a “thought leader” with respect to risk management and internal control best practices.
  • Proactively inform senior management of significant risks or exposures related to internal controls, compliance, and/or governance requiring prompt attention.


  • He/she should have experience of at least 13 to 18 years in conducting Risk Based Audit and Concurrent Audit in small / medium sized banks.
  • Pedigree: Bachelor’s Degree in Accounting or Finance, CA preferred.
  • It is essential that the candidate should have worked or audited all crucial areas in the bank especially, Risk Management, Treasury, Banking, Accounting etc. as all areas of banking have to be audited. Experience in only specialized areas or audit of specialized / limited areas in the past will not fit into the requirement.
  • He/she must be able to carry out the responsibilities solely and independently.
  • Ability to adapt to change and multi-task would be useful.



Vito India Advisors Pvt. Ltd. 2nd Floor, Napha Tower, CST Road, Kalina, Santacruz (East), Mumbai - 400 098 BOARD : +91 022 6862 2727 EMAIL :

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