Work closely with National Audit Manager in executing the Departmental, Process & Regulatory Audits as per the Board Approved Annual Audit Plan.
Control testing & risk assessment
Drafting audit observations and Writing Audit Reports
Preparation and Review of Audit Work Papers.
Audit Issue Tracking and Closure.
Based on audit observations providing suggestions/feedback to enhance the existing processes & policies taking in to account Risk and compliance parameters.
There were many microfinance institutions active in rural India, but very few served... India’s urban population. To bridge this gap, Ujjivan focused on the urban poor. This is a fast growing segment that is relatively new to India’s microfinance industry. Our surveys and interaction with the urban poor show that they are exposed to enormous contingencies and are required to share their meagre resources with neighbors, friends, relatives and colleagues. Hence, there is a tremendous amount of bonding and affinity among them. We have also found that, contrary to popular belief, the urban poor are a stable population. Therefore, the significant difference between the urban and rural population is the lack of time and availability of space in cities. Read full description