Ep 13: Risk, Innovation, and Real Change

In this episode of Inspiring Women in Audit, we welcome Richa Shrivastava, a seasoned internal audit leader currently serving as the Head of Internal Audit at NAB India Global Innovation Centre, part of the National Australia Bank. With over 25 years of experience across audit, risk management, and compliance, she brings a truly global perspective to her work. Richa is passionate about leadership, learning, and gives back by supporting the next generation of risk and audit professionals.Richa Shrivastava shares the pivotal moment early in her career when she realized the real-world impact of her work, and how that has inspired and driven a lifetime of commitment to the profession and to getting results. Richa’s story underscores the value of curiosity, preparation, and courage in shaping an audit career.She dives into the role of risk identification, monitoring, and mitigation in enhancing audit quality and organizational trust, emphasizing how strategic alignment and a focus on value can reshape the perception of audit teams. Richa also unpacks how sanctions, embargoes, and emerging risks challenge auditors today, and why staying agile and informed is critical.Richa‘s leadership philosophy is rooted in collaboration, empowerment, and continuous learning. She offers powerful advice for young auditors and women in audit, culminating in insights about the true game-changing skills needed in audit leadership.Episode Breakdown2:46 - Tangible Results Inspire a Career5:55 - Risk Management: Elevating Audit’s Value19:06 - Sanctions and Embargoes23:18 - Emerging Risk & Audit Reports26:39 - Leading High-Performing Audit Teams30:17 - Driving Action: Getting Leaders to Listen36:44 - Women in Audit & Diversity, Equity, and Inclusion42:17 - How to Overcome Early-Career Mistakes47:05 - Audit & Endurance: Lessons from Running52:33 - The Most Unexpected Audit Lesson57:13 - Looking Into the Future: Richa's LegacyBe sure to connect with Richa Shrivastava on LinkedIn.And be sure to follow Inspiring Women in Audit on LinkedIn, and connect with Tracie.Join the Exclusive Inspiring Women in Audit LinkedIn Group: This group is dedicated to empowering and uplifting women in the internal audit profession, providing a supportive space for women to share their journeys, insights, and expertise. By fostering meaningful connections, we aim to inspire, encourage, and drive transformative change within the industry. Join us to celebrate the achievements of women in audit and to be part of a community that values and amplifies your unique perspectives and experiences.Sign up for our newsletter!★ ★ ★ ★ ★This podcast is brought to you by i4 Global Results Limited and The Amplify Framework, the audit communication experts dedicated to transforming your audit reporting and your audit results through communication, optimization, and collaboration. Need support for your audit team? Schedule time with us.