Job Description

Job Summary:

The Internal Auditor will be responsible for evaluating the adequacy, effectiveness, and

efficiency of the organization's internal control systems, processes, and compliance with

regulatory standards. This role is crucial to ensuring the integrity of the company's

operations, particularly related to the credit and collections lifecycle of unsecured loans.

Key Responsibilities:


Audit Planning & Execution:

o Develop and execute risk-based internal audit plans for operations, finance,

credit underwriting, disbursal, and collections processes.

o Conduct regular audits of branch offices, loan origination systems, and

backend processes to ensure compliance with internal policies and RBI/NBFC

regulations.


Risk Assessment:

o Identify and assess key risks across the unsecured loan portfolio, including

fraud, credit risk, data security, and operational lapses.

o Evaluate internal controls and suggest improvements to mitigate financial and

operational risks.


Regulatory Compliance:

o Review adherence to applicable laws, guidelines, and circulars issued by the

RBI and other statutory bodies.

o Monitor compliance with KYC, AML, Fair Practices Code, and data

protection regulations.


Reporting:

o Prepare detailed internal audit reports highlighting observations, risks, and

recommendations.

o Present audit findings to management with actionable insights and support

implementation of corrective actions.


Process Improvement:

o Collaborate with business and operations teams to improve internal processes

and enhance controls.

o Provide inputs for automation and technology interventions in audit and risk

monitoring processes.


Special Audits/Investigations:

o Conduct forensic audits and fraud investigations, especially related to

borrower misrepresentation, misappropriation, or employee misconduct.

o Participate in due diligence and system audits when necessary.

Qualifications & Experience:


Bachelor's Degree in Accounting, Finance, or related field; CA/CIA/CISA preferred.


3-7 years of experience in internal audit, preferably in an NBFC, fintech, or financial

institution with exposure to unsecured lending.


Strong understanding of NBFC regulations, unsecured loan products, and credit life

cycle.


Experience with auditing tools, ERP systems, and data analytics is a plus.

Skills Required:


Excellent analytical, investigative, and problem-solving skills.


Sound judgment, integrity, and attention to detail.


Strong communication and report-writing skills.


Ability to work independently and manage multiple audits simultaneously.


High ethical standards and professional skepticism.

Preferred:


Experience in fintech/NBFC


Working knowledge of RBI NBFC Master Directions and Fair Practices Code.


Familiarity with digital lending platforms, APIs, and core lending systems.

Maxemo Capital - www.maxemocapital.com

Job Type: Full-time

Pay: ₹40,000.00 - ₹50,000.00 per month

Experience:

Internal audits: 3 years (Preferred) * NBFC: 1 year (Required)