Manager : Internal Audit and Risk

Position Title: Manager: Internal Audit and Risk
Status: 1-year Consultant contract (renewable)
Start Date: (October 2022)
Location: Delhi NCR – The position requires extensive travelling to project locations


We at Grameen Impact Ventures are looking for a passionate team member in an impact focused startup, curious to use
technology to scale the business and develop processes and KPIs to scale a high-growth business many-fold. She/ He must
be self-driven and should be able to make analytical decisions to adjust the organization’s operations as business growth
The person must have deep commitment in creating an impact in the rural sector & economy. In developing a sustainable
ecosystem with the aim of eradication of poverty and focusing on women empowerment

Required Education, Experience & Skills

  • Master’s degree in accounting with professional education in Audit/risk management, with at least 5-7 years of relevant professional experience with any Bank/NBFC/MFI or Fintech in the area of end-to-end lending.
  • Experience of working in financial services for the poor through mobile and digital services platforms, analytics, credit risk management, internal audits and deep knowledge of Business Correspondent Model will be an added advantage.

Essential Job Functions

  • Responsible for ensuring that the qualitative and statutory requirements are met at both field level and also in Head Office.
  • Monitoring of potential risks and recommending risk mitigating measures will be the primary responsibility of the internal audit manager.
  • Planning the Internal Audit activities and annual work objectives and undertake field audit work according to the work plans
  • Review of lending practices and quality of loan portfolio.
  • Ensure Loan Utilization Check of all loan disbursed by the operational team.
  • Ensure all areas of operational and other risks are continually reviewed and analyzed in the course of the internal audit exercise.
  • Document processes & communications and undertake reviews with operations staff, including training of correct procedures.
  • Monitoring of audit recommendations with its compliance.
  • Review the risk identification and management process in conformity with the Company’s strategy and business growth
  • To Review limits on lending exposure and specific actions for the PAR in line with the institution’s risk management program and market conditions.
  • Implementation of the decision taken in the Audit and Risk Committee
  • Prepare and present reports that reflect audit’s results and document process
  • Act as an objective source of independent advice to ensure validity, legality and goal achievement
  • Identify loopholes and recommend risk aversion measures and cost savings
  • Maintain open communication with management and audit committee
  • Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards

Reporting and relationships: The position will report to the Director – Finance.

Compensation: GIV offers a competitive compensation package.

How to apply: Interested candidates may apply by sending their updated resumes to sshubhangi@grameenfoundation.in mentioning

‘Manager-Internal Audit’ in the subject line.

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