Process Reviews & Risk Assessment - Internal Audit

5 Months ago • 3 Years + • Finance

Job Summary

Job Description

This Internal Audit role at Paytm focuses on process reviews and risk assessments within the lending business. Responsibilities include performing process walkthroughs to identify key risks and implement controls, conducting business-wise risk assessments and audits, and submitting reports to senior management. The role requires data analysis, identifying cost-saving opportunities, suggesting remedial actions, and engaging with stakeholders for implementation. The ideal candidate will have experience in internal or operational audit, preferably from a reputed consulting firm or the payments industry, and possess strong analytical and communication skills.
Must have:
  • CA or MBA with 3+ years relevant experience
  • Risk & control understanding, gap identification
  • Process orientation, SOP/policy writing
  • Data analysis, IT tools & audit techniques
  • Stakeholder engagement, communication skills
Good to have:
  • Cost optimization project experience
  • People management exposure

Job Details

About Us:
Paytm is India’s leading digital payments and financial services company, which is focused on driving consumers and merchants to its platform by offering them a variety of payment use cases. Paytm provides consumers with services like utility payments and money transfers, while empowering them to pay via Paytm Payment Instruments (PPI) like Paytm Wallet, Paytm UPI, Paytm Payments Bank Netbanking, Paytm FASTag and Paytm Postpaid - Buy Now, Pay Later. To merchants, Paytm offers acquiring devices like Soundbox, EDC, QR and Payment Gateway where payment aggregation is done through PPI and also other banks’ financial instruments. To further enhance merchants’ business, Paytm offers merchants commerce services through advertising and Paytm Mini app store. Operating on this platform leverage, the company then offers credit services such as merchant loans, personal loans and BNPL, sourced by its financial partners.

About the role:
1. Perform process walkthroughs to identify key risk and able to implement controls
against the same. 
2. Performing business wise Risk Assessments cum audit, finalizing and submitting the
report to senior management and relevant stakeholders.
3. Developing insightful analysis about business and their strategic and operational
implications.
4. Analyze data from multiple angles, looking for trends that highlight areas of
concerns or opportunities.
5. Identification of cost saving/reduction opportunities.
6. Ensure that identified bugs/issues are well defined and root causes are identified.
7. Suggest remedial action plan (incident or systemic)/ process improvement points for
rectifying the gaps identified.
8. Interface with the business for rigorous follow up for implementation of the
recommendation and providing support for the same.
9. Demonstrating the ability to research issues, trends, benchmark study etc. via
external sources.
10. Performing Internal Investigation and conducting Root Cause Analysis of the
Investigation Instances.
11. Open to work in a dynamic environment.
 
 
Expectations/ Requirements
1. Preferably Chartered Accountant/ MBA (with Minimum 3 years of relevant
experience in internal audit/ operation audit (preferably from reputed consulting
firm)/candidate from Payment Industry is highly preferred
2. Understanding of risk and control concepts, identify gaps and suggest best practices
3. Processes oriented and have hands on experience in writing SOP’s/ Policies
4. Practical exposures to Data Analysis and familiarity with IT tools and audit
techniques
5. Internal Stakeholder Engagement
6. Good verbal & written communication skills for coordinating across teams
7. Excellent team player, comfortable with working with all levels within the company

Superpowers/ Skills that will help you succeed in this role
1. Ability to take internal and external stakeholders along
2. Must have worked on cost optimization projects
3. Strong people management exposure
4. Love for simplifying
5. Growth Mindset
6. Willingness to experiment and improve continuously

Education: Must be a qualified CA or MBA

Why join us
1.      A collaborative output driven program that brings cohesiveness across businesses through technology
2.      Improve the average revenue per use by increasing the cross-sell opportunities
3.      A solid 360 feedback from your peer teams on your support of their goals
4.      Respect, that is earned, not demanded from your peers and manager
 
 
Compensation: If you are the right fit, we believe in creating wealth for you
With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it. India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the story!
undefinedundefinedundefined

Similar Jobs

Nintendo - Cinematic Technical Animator (Retro Studios)

Nintendo

United States (Remote)
9 Months ago
Phantom FX - Mid Lighting Artist

Phantom FX

Chennai, Tamil Nadu, India (On-Site)
4 Months ago
PwC - Risk Services - BD Industry Driver

PwC

Singapore (On-Site)
6 Months ago
SuperPlay - SENIOR .NET DEVELOPER

SuperPlay

Bucharest, Bucharest, Romania (On-Site)
5 Months ago
Wargaming - SRE Engineer (World of Warships, PC)

Wargaming

Belgrade, Serbia (On-Site)
5 Months ago
PwC - Manager Audit Financier | CDI | H/F

PwC

Lille, Hauts-de-France, France (On-Site)
6 Months ago
Animoca Brands - Liquidity Manager

Animoca Brands

Hong Kong (Hybrid)
2 Months ago
ByteDance - Client Fund Management, Treasury - Global Payment

ByteDance

Singapore (On-Site)
3 Months ago
Hologate gmbh - Assistant Accountant (f/d/m)

Hologate gmbh

Munich, Bavaria, Germany (On-Site)
5 Months ago
PwC - Travel Hotel Invoice Collection

PwC

Amman, Amman Governorate, Jordan (On-Site)
6 Months ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Evolution - Danish Speaking Online Game Presenter

Evolution

Madrid, Community Of Madrid, Spain (On-Site)
11 Months ago
Tesla - Indirect Procurement Internship

Tesla

Brandenburg, Germany (On-Site)
2 Months ago
Wargaming - Senior Gameplay Programmer (Steel Hunters)

Wargaming

Vilnius, Vilnius County, Lithuania (Hybrid)
4 Months ago
Universal Music - Manager, North America Catalog Services

Universal Music

Franklin, Tennessee, United States (On-Site)
1 Month ago
Tesla - Public Policy and Business Development Manager, Central Europe – Tesla Energy

Tesla

Berlin, Berlin, Germany (On-Site)
2 Months ago
ByteDance - Edge Network Engineer - EDGE Network

ByteDance

London, England, United Kingdom (On-Site)
5 Months ago
DNEG - Animation TD (DNEG Animation)

DNEG

Mumbai, Maharashtra, India (On-Site)
5 Months ago
WebMD - Associate Software Developer

WebMD

Ho Chi Minh City, Ho Chi Minh City, Vietnam (On-Site)
4 Months ago
Corsair - Senior Hardware Development Engineer

Corsair

Taipei City, Taiwan (On-Site)
1 Month ago
Handy Games - Level Designer

Handy Games

Giebelstadt, Bavaria, Germany (On-Site)
2 Months ago

Get notifed when new similar jobs are uploaded

Jobs in Noida, Uttar Pradesh, India

CloudHire - Principal Backend Engineer - TypeScript

CloudHire

Haryana, India (Remote)
1 Month ago
InMobiInMobi - Manager - Product Analytics

InMobiInMobi

Bengaluru, Karnataka, India (On-Site)
1 Month ago
Luxoft - Senior QA Analyst - AML & FinCrime

Luxoft

Pune, Maharashtra, India (On-Site)
5 Months ago
Dream Sports - Product Designer - 3

Dream Sports

Mumbai, Maharashtra, India (On-Site)
5 Months ago
Scopely - Lead Game Designer

Scopely

Bengaluru, Karnataka, India (Hybrid)
10 Months ago
Nielsen Holdings - Sr ABAP consultant - Mumbai/ Bangalore

Nielsen Holdings

Mumbai, Maharashtra, India (Hybrid)
6 Months ago
Wipro - ITIL Release Manager

Wipro

Bengaluru, Karnataka, India (On-Site)
5 Months ago
CloudHire - Database Solution Architect

CloudHire

Maharashtra, India (Remote)
1 Month ago
Devrev - Sales Development Representative

Devrev

Chennai, Tamil Nadu, India (On-Site)
4 Months ago
Tesla - Service Technician

Tesla

Mumbai, Maharashtra, India (On-Site)
2 Months ago

Get notifed when new similar jobs are uploaded

Finance Jobs

CloudHire - VBA Developer

CloudHire

Maharashtra, India (Remote)
1 Month ago
Enphase Energy - Sr. Engineer - ERP

Enphase Energy

Bengaluru, Karnataka, India (On-Site)
4 Months ago
PwC - FY24 - Senior Associate - Risk Assurance - Digital Audit

PwC

Jakarta, Jakarta, Indonesia (On-Site)
6 Months ago
Ubisoft - Cash Management Partner & Lead Treasury Projects

Ubisoft

Paris, Île-de-France, France (On-Site)
3 Months ago
Wargaming - Junior Payments Specialist

Wargaming

Prague, Prague, Czechia (Hybrid)
1 Month ago
ByteDance - Real Estate Payment Specialist - APAC

ByteDance

Singapore (On-Site)
1 Month ago
Dynamics - Financial Analyst

Dynamics

Springfield, Virginia, United States (On-Site)
4 Months ago
PwC - Senior Manager_Finance Transformation _Advisory _FE_Mumbai

PwC

Mumbai, Maharashtra, India (On-Site)
6 Months ago
The Walt Disney Company - Management Control Intern - Disney Consumer Products - Licensing

The Walt Disney Company

Paris, Île-de-France, France (On-Site)
1 Month ago

Get notifed when new similar jobs are uploaded

About The Company

Noida, Uttar Pradesh, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Kerala, India (On-Site)

Hyderabad, Telangana, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Visakhapatnam, Andhra Pradesh, India (On-Site)

Andhra Pradesh, India (On-Site)

View All Jobs

Get notified when new jobs are added by Paytm

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug