Governance and Control
Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.
Founders: Sachin Bansal & Ankit Agarwal.
Know what makes you a “Navi_ite” :
A. Perseverance, Passion, and Commitment
B. Passionate about Navi’s mission and vision
C. Demonstrates dedication, perseverance, and high ownership
D. Goes above and beyond by taking on additional responsibilities
E. Obsession with high-quality results
F. Consistently creates value for the customers and stakeholders through high-quality outcomes
G. Ensuring excellence in all aspects of work
H. Efficiently manages time, prioritizes tasks, and achieves higher standards
i. Resilience and Adaptability
j. Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility
Job Description
Develop a strong understanding of business, systems and processes across Navi group entities.
Analyse data and identify early warning signals which indicate possible losses and potential frauds. Participate in fraud investigations and compile the necessary evidence through substantive testing to help conclude the investigations.
Timely execution of internal audits each quarter in line with the annual audit plan. Conduct audit procedures in strict adherence to the Navi Internal Audit Manual.
Deep dive into the audit areas and identify high impact observations. Collaborate with business teams to understand the root cause for process lapses and highlight areas for process enhancements.
Conduct the necessary follow-ups with relevant stakeholders to ensure corrective and preventive actions are taken by the business teams within the target date. Help in preparation of key MIS and internal audit presentation to the Audit Committee.
Maintain proper workpaper documentation in the audit management tool.Coordinate with external audit firms for outsourced / co-sourced audits to ensure work delivered by them is of high quality and in line with the company’s RBIA.
Keep abreast with latest developments, techniques, methods, tools, and procedures that affect audit.
Key Requirements
Any accounting or auditing related qualification or degree. Others may also apply if you have a keen interest in finance, auditing, risk, fraud management and compliance.
Applicant should have strong analytical skills and have good attention to detail skills. Should be a logical thinker and love numbers and statistics.
Applicant should have strong communication skills (oral and written). This is a highly collaborative role involving interaction with multiple stakeholders from diverse backgrounds.
Applicant should have a flair for travelling. The role may require 20% to 40% travelling within and outside Bangalore.
Multilinguistic abilities will be a plus but not mandatory (North and South Indian languages).
Some prior experience in accounting and auditing assignments will be a plus, but not mandatory.