Job Title : Credit Process Audit – Auditor / Team Lead
Location : Mumbai
Role Summary :
We are looking for experienced professionals in Credit Process Audit to strengthen our audit and risk oversight functions for the Wholesale / Corporate Banking segment. The role involves end‑to‑end credit process audits, regulatory assurance, stressed asset monitoring, and risk management activities.
Who Can Apply :
- Auditor Role:
- Candidates with 8 to 16 years of relevant experience in Credit Process Audit, including team handling and stakeholder management.
- Preference will be given to profiles with strong exposure to Corporate / Wholesale Credit audits to support critical headcount requirements.
Key Responsibilities :
Credit Process Audit
- Conduct end‑to‑end Credit Process Audits for the Wholesale / Corporate Banking segment.
- Review credit appraisal, sanction, disbursement, monitoring, and control mechanisms.
Early Warning Signals (EWS) & SMA Monitoring
- Evaluate Early Warning Signal (EWS) frameworks.
- Review Special Mention Accounts (SMA) identification and ongoing monitoring processes.
Regulatory & Asset Quality Assurance
- Provide assurance on regulatory reporting related to credit exposure and asset quality.
- Ensure correctness and completeness of regulatory submissions.
NPA & Stressed Assets
- Conduct NPA Automation Audits, including:
- NPA identification
- Classification
- Provisioning validation
- Review stressed asset monitoring, recovery actions, and resolution mechanisms.
Credit Administration (CAD) Audits
- Audit Credit Administration activities including:
- Documentation and legal compliance
- Covenant monitoring
- Security creation and perfection
- Post‑sanction monitoring and controls
Risk Management
- Assess credit and operational risks across the lending lifecycle.
- Recommend process improvements and risk mitigation measures.
- Support management with audit observations, root cause analysis, and action tracking.
Leadership Responsibilities (For Team Lead / Vertical Head)
- Lead and mentor audit teams.
- Plan audit coverage and manage audit schedules.
- Engage with senior stakeholders and present audit findings.
Qualifications
- Chartered Accountant (CA) or MBA (Finance / Risk / Banking or relevant specialization)
- Relevant and hands-on experience in Credit / Risk / Audit functions within Banks, NBFCs, or Financial Institutions.
Key Skills & Competencies
- Strong knowledge of Corporate Credit Processes
- Understanding of RBI guidelines, asset classification, and provisioning norms
- Analytical and risk assessment skills
- Excellent communication and report writing abilities
- Ability to work independently and manage multiple audits
