Credit Audit – Retail – SME / Working Capital Full Time NEW

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 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 safety and soundness of the Bank.
• Oversee Concurrent Audit Process .
• Ensure completion of assigned audits and documentation of work papers on time.
• Track status of issues reported.
• Assist in keeping relevant processes benchmarked to Best Practices and peer banks.
• Assist in keeping Audit Procedure Manual and checklists updated.
• Devise audit checklists for use of internal/concurrent Auditors and test processes/procedures to foresee pitfall and bottlenecks and ensure these are audited/resolved.

To provide suggestions for improvement to existing process / systems to line management

Qualification, Background and competencies –

• Chartered Accountant/MBA(Finance)
• Expert knowledge of Credit Policies & Procedures covering both pre & post disbursement aspects
• Expert knowledge of bank audit procedures.
• Hands on experience of Credit audit/underwriting of approximately 1-8 years at operational .
• Possess sound product knowledge of all other areas of banking including regulatory requirements.

Should be a clear thinker and excellent communicator.