Senior Associate Internal Audit

About NBBL NPCI Bharat BillPay Limited (NBBL) is a wholly owned subsidiary of the National Payments Corporation of India (NPCI), established to operate and manage the Bharat BillPay ecosystem. NBBL plays a pivotal role in India's digital payments landscape by offering a unified, interoperable platform for bill payments across various categories such as electricity, water, gas, telecom, DTH, education, and more. Incorporated under the regulatory framework of the Reserve Bank of India (RBI), NBBL is committed to building a secure, efficient, and inclusive bill payment infrastructure. It empowers consumers with convenient payment options and enables businesses with seamless collection mechanisms and real-time settlements. As an Equal Opportunity Employer, NBBL fosters a workplace culture that values diversity and inclusion. It maintains zero tolerance for discrimination based on race, ethnicity, disability, gender identity, or sexual orientation, and actively supports the LGBTQ+ community. To learn more about our company, please click on the link: About NBBL Our Culture The NPCI WAY – Our Guiding Principles At NPCI, we foster a culture of Inclusion, Innovation, and a High-Performance Workplace. The NPCI WAY is not just a framework—it's a shared commitment by every individual to align with our evolving business needs, dynamic market conditions, and workforce expectations. Five Tenets of the NPCI WAY

1. Forward Thinking Mind-Set
2. Customer First
3. Lead With Purpose
4. Passion to Deliver
5. All Succeed Together Employee Perks and Benefits Insurance & Wellness • Comprehensive Coverage: Medical, accidental, and life insurance. • Employee Assistance Program: Onsite medical center, financial/legal counselling, mental wellness. • Annual Wellness Bouquet: Holistic wellbeing support Family & Childcare • Parental Leave: Inclusive maternity and paternity leave. Mobility & Lifestyle • Mobility Benefits: Relocation, transfers, and travel support. • Home Loan Interest Support: Up to 50% reimbursement* • Mobile Reimbursement: New handset every 2 years. • Car Lease, Salary Advance, Subsidized Meals. Career & Recognition • Education Partnerships: Upskilling via top institutions. • Reward & Recognition Program. • Technology Innovation: Patents and IP Rights policy. Retirement Planning • Provident Fund (PF) and Gratuity Contributions. Why Join Us At NPCI, you'll be part of a purpose-driven organization shaping the future of digital payments in India and beyond. NPCI offers a unique opportunity to work on cutting-edge projects that directly impact millions. We foster a culture of innovation, inclusion, and high performance, where every individual is empowered to lead with purpose and deliver with passion. With a strong focus on employee wellbeing, continuous learning, and collaborative success, NPCI is more than just a workplace - it's a platform to grow, contribute, and make a meaningful difference. Life at NPCI NPCI news The opportunity The incumbent for Internal Audit will be responsible for executing internal audits across NPCI subsidiaries. This role ensures compliance with relevant laws, regulations, and industry standards while strengthening internal controls and risk management frameworks. The individual will work closely with Senior from Internal Audit Team, Senior management, the Audit Committee, external auditors, and regulatory bodies like RBI and CAG. and AI-enabled insights to improve decision-making, operational efficiency, and compliance adherence. Job details Job Title: Senior Associate – Internal Audit Division: Internal Audit Years of Experience: 2yrs+ Education: CA or equivalent Full-time Location: Mumbai Permanent Role Key responsibilities
6. Audit Planning & Executiono Prepare and conduct risk‑based internal audits as per the approved annual audit plan across financial, operational, compliance, and IT areas o Develop audit plans, audit programs, and testing procedures o Perform walkthroughs, control testing, and substantive procedures o Identify control gaps, root causes, and improvement opportunities o Perform ad-hoc audit assignments
7. Risk, Control & Governanceo Evaluate the effectiveness of internal controls o Assess compliance with policies, procedures, laws, and regulations
8. Reporting & Communicationo Prepare clear, concise audit reports with practical recommendations o Discuss findings with process owners and management to ensure alignment o Track and follow up on agreed management actions, Audit Committee ATRs and ensure timely closure o Prepare presentations of audit results to senior management / audit committees
9. Advisory & Value Additiono Provide advisory support on process improvements, system implementations, and new initiatives o Act as a trusted advisor while maintaining independence o Support continuous improvement of internal audit methodology Key skills and experience required
10. 2+ years of work experience in Internal Audit preferably in BFSI industry; Big 4 or consulting experience is an added advantage
11. Strong analytical and critical thinking skills.
12. Strong communication skills
13. Ability to work independently and collaboratively in a team environment
14. Familiarity with regulatory and compliance frameworks
15. AI-enabled mindset with the ability to leverage AI/ML tools and insights to drive smarter decisionmaking, improve data workflows, and enhance outcomes