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We are hiring a Credit Auditor for a Leading Bank in Mumbai.
Job Role – Credit Audit – Retail SME / Working Capital
Location – Mumbai
Work days – 5 days
Objective – Primarily responsible for Credit Audits of Mid corporate/Working capital business and provide support to audits of all other Business / Functions.
Responsibilities:
- Lead/ Oversee audits of the Credit function. Credit audits will cover customers across the Wholesale/Retail working capital Banking segments. Such audits will cover both pre and post-disbursement policies & procedures.
- Plan, design and implement risk-based audit plans to ensure the safety and soundness of the Bank.
- Oversee Concurrent Audit Process.
- Ensure completion of assigned audits and documentation of work papers on time.
- Track the status of issues reported.
- Assist in keeping relevant processes benchmarked to Best Practices and peer banks.
- Assist in keeping the Audit Procedure Manual and checklists updated.
- Devise audit checklists for the use of internal/concurrent Auditors and test processes/procedures to foresee pitfalls and bottlenecks and ensure these are audited/resolved.
- To provide suggestions for improvement to existing process/systems to line management.
Qualifications:
- Chartered Accountant/MBA(Finance).
- Expert knowledge of Credit Policies & Procedures covering both pre & post disbursement aspects.
- Hands-on experience of Credit audit of approximately 4+ years in operational.
- Possess sound product knowledge of all other areas of banking, including regulatory requirements.
