Interview Preparation

Keertana Finance: Interview Preparation For Internal Audit Role

Keertana Finance: Interview Preparation For Internal Audit Role

Keertana Finance is a new-generation, inclusive, and rural-focused financial institution that leverages cutting-edge technology to enable hassle-free, affordable, and convenient credit access. Led by promoter Ms. Padmaja Reddy and a founding team with 100+ years of collective experience in small business lending, Keertana focuses on Gold Loans and Micro Enterprise lending (secured and unsecured) for segments traditionally unserved by banks and underserved by NBFCs. With a strong commitment to transparency, customer-centric operations, and disciplined risk management, the company operates in high-trust environments where process rigor is essential.

This comprehensive guide provides essential insights into the Executive – Internal Audit at Keertana Finance, covering required skills, responsibilities, interview questions, and preparation strategies to help aspiring candidates succeed.


1. About the Executive – Internal Audit Role

The Executive – Internal Audit plays a critical frontline role in safeguarding process integrity across Keertana Finance’s branch network. Based in Hyderabad within the Internal Audit department, you will travel to branches, review loan files, validate KYC/documentation, and test whether operating procedures for loan origination, approvals, disbursements, and collections are consistently applied. You will assess adherence to internal SOPs and applicable RBI guidelines for NBFCs, identify gaps or control breaks, and recommend practical corrective actions that strengthen transparency and compliance in gold loans and micro enterprise lending.


2. Required Skills and Qualifications

Candidates should combine formal education with strong analytical discipline, a compliance mindset, and clear communication. The role requires comfort with fieldwork, documentation scrutiny, and report writing, along with the ability to collaborate with branch teams to close audit observations on time.

Educational Qualifications

  • MBA (Finance/Operations/General) – Final Year Students

Key Competencies

  • Operational Auditing: Ability to conduct branch-level operational audits and verify loan disbursements, documentation, and KYC compliance
  • Compliance Monitoring: Skill in ensuring adherence to internal SOPs and RBI guidelines for NBFCs
  • Analytical & Reporting Skills: Good analytical skills with ability to prepare reports on findings, gaps, and process improvements
  • Coordination & Communication: Effective communication skills to coordinate with branch teams for timely closure of audit observations
  • Risk Assessment: Capacity to support surprise checks, fraud detection, and control audits

Technical Skills

  • Financial Products Knowledge: Basic knowledge of financial products and NBFC functioning
  • Documentation Review: Experience in reviewing loan files and checking documentation accuracy
  • Process Verification: Ability to verify if branch processes are properly followed for loan approvals and collections
  • Audit Reporting: Skill in preparing detailed audit reports with findings and recommendations
  • Regulatory Compliance: Understanding of RBI guidelines and internal SOPs for NBFC operations

3. Day-to-Day Responsibilities

Your routine will include field audits at assigned branches, systematic testing of process compliance, and closure of observations. Expect structured documentation checks, interaction with branch staff, evidence gathering, and timely reporting aligned to internal SOPs and RBI expectations for NBFCs.

  • Branch Operational Audits: Conduct comprehensive operational audits at assigned branches to verify adherence to company policies and regulatory guidelines.
  • Loan Process Verification: Verify loan disbursements, documentation accuracy, and KYC compliance according to established policies and procedures.
  • Process Compliance Monitoring: Check proper implementation of branch processes including loan approvals, collections, and other operational activities to ensure alignment with internal SOPs.
  • Regulatory Compliance Assurance: Ensure strict compliance with RBI guidelines for NBFCs and internal control frameworks across all branch operations.
  • Audit Reporting & Documentation: Prepare detailed audit reports documenting findings, process gaps, and recommendations for improvement.
  • Branch Coordination & Follow-up: Coordinate with branch teams to facilitate timely closure of audit observations and implementation of corrective actions.
  • Risk Detection & Control Audits: Support surprise checks, fraud detection initiatives, and control audits to identify potential risks and control weaknesses.

4. Key Competencies for Success

High performers pair strong control awareness with people skills. They demonstrate independent judgment, handle field constraints gracefully, and communicate evidence-based insights that drive sustainable process improvements.

  • Control Mindset: Prioritizes risk identification and remediation while maintaining a clear audit trail.
  • Time and Travel Management: Plans field visits efficiently and delivers reports on schedule despite multi-branch coverage.
  • Data Discipline: Ensures accuracy and completeness of evidence, observations, and working papers.
  • Influence Without Authority: Gains buy-in from branch teams to implement corrective actions quickly and effectively.
  • Fraud Awareness: Recognizes red flags in loan files, collections, or documentation and escalates appropriately.

5. Common Interview Questions

This section provides a selection of common interview questions to help candidates prepare effectively for their Executive – Internal Audit interview at Keertana Finance.

General & Behavioral Questions
Tell us about yourself and why you’re interested in Internal Audit.

Give a concise background linking your MBA, analytical strengths, and interest in controls/compliance to Keertana’s branch-focused audits.

What attracts you to Keertana Finance?

Connect with Keertana’s inclusive, rural-focused mission and its products (gold loans, micro enterprise lending) where robust controls matter.

Describe a time you handled detailed documentation work.

Share a project or internship where precision and completeness were critical; quantify error reduction or efficiency gains.

How do you prioritize tasks when auditing multiple branches?

Explain scheduling, risk-based prioritization, checklists, and timeboxing to meet reporting timelines.

How do you build rapport with branch teams during audits?

Highlight respectful communication, clarity of purpose, and evidence-based discussions to secure buy-in for closures.

Share a situation where you identified a process gap.

Walk through observation, root cause analysis, recommendation, and follow-up results.

How do you handle resistance to audit findings?

Describe using documentation, SOP references, and collaborative problem-solving to align on remediation.

Are you comfortable with frequent travel and fieldwork?

Confirm willingness, discuss planning, and how you maintain consistency and documentation quality on the move.

What does integrity mean to you in an audit role?

Emphasize independence, confidentiality, objectivity, and zero-tolerance for data manipulation.

Where do you see yourself growing within risk/compliance?

Outline a path from branch audits to controls, risk, or operations, emphasizing continuous learning.

Use the STAR method (Situation, Task, Action, Result) and quantify outcomes where possible.

Technical and Industry-Specific Questions
How do you verify KYC compliance in loan files?

Outline ID/address proof verification, customer due diligence documentation, and consistency with policy and RBI-aligned SOPs.

What steps do you take to test disbursement controls?

Check sanction vs. disbursement, approvals, maker-checker controls, and supporting evidence in the core records.

How would you review collections processes for compliance?

Validate receipt issuance, reconciliations, daily deposits, and adherence to authorized modes and timelines.

What distinguishes auditing gold loans vs. micro enterprise loans?

Discuss product-specific documentation, collateral controls for gold loans, and cash-flow/credit assessment for micro enterprise loans.

How do you select samples for testing?

Use risk-based sampling: recent disbursements, higher-ticket cases, exceptions, and random picks for coverage.

How do you validate adherence to internal SOPs and RBI guidelines for NBFCs?

Map control tests to SOP clauses and applicable regulatory requirements; document evidence and deviations clearly.

What are typical red flags you look for in loan files?

Inconsistent KYC data, missing approvals, backdated documents, unusual reversals, or unsupported disbursements.

How do you ensure data integrity in your working papers?

Maintain version control, evidence cross-references, clear narratives, and secured storage.

How do you rate the severity of audit observations?

Assess impact, likelihood, regulatory significance, and recurrence to categorize as high/medium/low.

What does timely closure of audit observations involve?

Define action owners, timelines, evidence requirements, and follow-ups until verification and closure.

Keep explanations policy-linked and evidence-driven; reference SOP sections where applicable.

Problem-Solving and Situation-Based Questions
You find missing KYC in a few active accounts. What do you do?

Document exceptions, assess risk, escalate per protocol, and agree corrective steps with timelines and re-verification.

A branch disputes your observation. How will you resolve it?

Refer to SOP, show evidence, listen to context, and jointly align on acceptable remediation and proof.

How would you approach a potential fraud indicator?

Preserve evidence, avoid tipping off, escalate immediately, and follow approved investigation steps.

You have tight timelines across two branches. What’s your plan?

Risk-rank activities, use standardized checklists, timebox reviews, and schedule quick stakeholder touchpoints.

During a surprise check, records are not updated. Next steps?

Capture the state as-is, seek immediate clarifications, record deviations, and recommend process fixes.

You notice recurring deviations across branches. How do you respond?

Identify systemic root causes, propose control redesign/training, and monitor for sustained closure.

Collections reflect cash handling inconsistencies. What will you test?

Receipts, daily deposit slips, reconciliations, authorization logs, and maker-checker controls.

A key file is unavailable during audit. How do you proceed?

Record limitation, request alternate evidence, set follow-up deadline, and adjust severity as needed.

How do you ensure objectivity when you know the branch team well?

Follow standard programs, evidence-first approach, peer review where applicable, and disclose potential bias.

An observation requires policy change. What’s your approach?

Present risk analysis, benchmarking, and cost-benefit to process owners for decision and governance sign-off.

State your assumptions, reference SOPs, and prioritize customer protection, compliance, and data integrity.

Resume and Role-Specific Questions
Walk us through your most relevant academic or internship project.

Highlight objectives, methods, your contribution, and measurable impact related to audit/compliance.

Which coursework best prepared you for internal audit?

Mention audit, risk, financial analysis, or operations subjects and how you applied them.

How do you ensure high-quality reports under time pressure?

Talk about templates, checklists, peer review, and final validations before submission.

Describe your proficiency with documentation and spreadsheets.

Explain how you use structured note-taking and spreadsheets to track samples and findings.

How familiar are you with NBFC processes?

Summarize your understanding of origination, disbursement, and collections in NBFC lending.

Tell us about a time you worked with cross-functional teams.

Show collaboration with operations/sales/collections and how you aligned on fixes.

Are you comfortable relocating to Hyderabad and traveling to branches?

Confirm readiness and outline how you plan logistics to maintain productivity.

How do you handle confidential information?

Describe need-to-know access, secure storage, and professional discretion.

What mentorship or learning do you seek in this role?

Mention guidance on audit methodology, regulatory understanding, and report quality.

Why should we hire you for Executive – Internal Audit?

Connect your skills to Keertana’s mission, field audit rigor, and commitment to compliance.

Tailor responses to Keertana’s products and branch-audit context; be concise, specific, and evidence-led.


6. Common Topics and Areas of Focus for Interview Preparation

To excel in your Executive – Internal Audit role at Keertana Finance, it’s essential to focus on the following areas. These topics highlight the key responsibilities and expectations, preparing you to discuss your skills and experiences in a way that aligns with Keertana Finance objectives.

  • NBFC Compliance Fundamentals: Study internal SOPs alignment with RBI guidelines relevant to NBFC lending, including documentation, approvals, and controls.
  • KYC and Documentation Quality: Master end-to-end KYC verification, documentation completeness, and evidence collection standards for loan files.
  • Branch Operations and Control Testing: Understand origination-to-collection workflows and how to design risk-based tests for each step.
  • Gold Loans and Micro Enterprise Lending: Review product-specific control points—collateral handling for gold loans and business assessment for micro enterprise lending.
  • Audit Reporting and Closure Management: Practice writing clear observations, rating severity, recommending actions, and tracking closure with stakeholders.

7. Perks and Benefits of Working at Keertana Finance

Keertana Finance offers a comprehensive package of benefits to support the well-being, professional growth, and satisfaction of its employees. Here are some of the key perks you can expect

  • Professional Growth: Learn from experienced leaders and gain exposure across audit, risk, and operations.
  • Performance-Based Incentives: Competitive pay with incentives linked to outcomes and quality.
  • Challenging, Impactful Work: Field audits that directly improve process integrity and customer trust.
  • Collaborative Culture: A supportive environment that values teamwork and innovation.
  • Mentorship: Guidance from seasoned professionals to accelerate your learning curve.

8. Conclusion

The Executive – Internal Audit role at Keertana Finance blends rigorous fieldwork with a strong compliance mindset to protect process integrity across branches. By mastering KYC/documentation checks, NBFC-aligned SOP adherence, and precise audit reporting, you can drive meaningful improvements while supporting Keertana’s mission in gold loans and micro enterprise lending.

Prepare to communicate clearly, collaborate with branch teams, and close observations on time. With focused preparation and an evidence-led approach, you’ll be ready to demonstrate impact from day one and grow into broader roles across compliance, risk, or operations.

Tips for Interview Success:

  • Anchor to SOPs and Evidence: Reference controls and show how you document findings with clear, verifiable proofs.
  • Know the Products: Be ready to discuss control points unique to gold loans and micro enterprise lending.
  • Show Field Readiness: Explain how you plan branch travel, structure checklists, and meet reporting timelines.
  • Communicate with Impact: Practice concise, stakeholder-friendly reporting and closure follow-ups.