Senior Loan Audit Specialist

2 days ago

Bengaluru, Karnataka, India beBeeLoanAudit Full time ₹ 1,00,00,000 - ₹ 1,30,00,000

Job Title: Senior Loan Audit Specialist

About the Role

This is an exciting opportunity to join our team as a Senior Loan Audit Specialist. In this role, you will be responsible for leading risk-based audits across education loans portfolios, encompassing the lifecycle from sourcing to regulatory reporting.

Key Objectives:

  • Evaluate the effectiveness of internal controls in retail lending for education loans, including credit appraisal, KYC, documentation, and post-disbursement monitoring.
  • Verify process compliance with internal policies, regulatory guidelines, and product notes; identify gaps, quantify risk impact, and recommend control improvements.
  • Detect process lapses, misrepresentation, or fraud indicators using sampling, walkthroughs, and data testing; ensure timely remediation tracking and closure.

Responsibilities:

  • Plan and execute risk-based audit engagements on education/student loans portfolios, defining scope, test plans, sampling, and timelines based on ticket-size risk, product features, and geographic spread.
  • Perform credit file audits on disbursed loans to validate completeness and accuracy of applications, appraisal notes, sanction terms, and documentation.
  • Test critical checkpoints across the lifecycle: appraisal quality, sanction deviations, disbursement controls, post-disbursement utilization, EMI setup, NACH mandates, and early delinquency triggers.
  • Validate loan disbursement controls: maker–checker approvals, voucher controls, segregation of duties, and documentary evidence as per policy/SOPs.
  • Review system data integrity: loan terms, interest rates, moratorium handling, interest capitalization, and repayment schedules; reconcile MIS to portfolio reports and regulatory returns.
  • Assess partner/DSA sourcing controls and branch adherence to KYC/AML norms and negative lists for student/guardian/co-borrower profiles.
  • Evaluate collections controls: bounce handling, field visit documentation, restructuring/rescheduling approvals, and write-off authorization matrices.
  • Identify fraud red flags (duplicate identities, proxy loans, forged documents) using sample checks and cross-validation; escalate as per fraud response protocol.
  • Prepare clear audit reports with findings, risk ratings, root-cause analysis, and actionable recommendations; present to management and track action plans to closure within agreed timelines.

Requirements:

  • Strong understanding of retail lending processes, credit risk, secured/unsecured education loan products, and documentation norms across ticket sizes.
  • Proficiency in risk-based auditing, sampling, data testing, and control evaluation; ability to design audit programs and working papers.
  • Knowledge of KYC/AML controls and operational risk in retail assets; awareness of regulatory expectations impacting retail lending processes.
  • Analytical mindset with attention to detail; ability to detect patterns indicating control failures or fraud.
  • Clear business writing and stakeholder communication for reporting and follow-up.

Qualifications:

  • Bachelor's/Master's degree in commerce/finance/accounting or equivalent.
  • 4–8 years of internal audit or credit audit experience in retail lending; exposure to school infrastructure/education loans preferred.

  • Education Loans Audit Specialist

    5 days ago

    Bengaluru, Karnataka, India beBeeAudit Full time ₹ 9,00,000 - ₹ 12,00,000

    Job DescriptionWe are seeking a highly skilled Audit Manager to join our team. The ideal candidate will have experience in risk-based auditing, sampling, data testing, and control evaluation.The successful candidate will be responsible for planning and executing risk-based audits across the education loans portfolio, covering end-to-end lifecycle: sourcing,...

  • Senior Loan Operations Specialist

    6 days ago

    Bengaluru, Karnataka, India beBeeLoan Full time ₹ 90,00,000 - ₹ 1,40,00,000

    Job Overview:The Senior Loan Operations Specialist plays a pivotal role in managing a pipeline of pending loans, prioritizing tasks accordingly, and ensuring timely completion. Key responsibilities include:Receiving and reviewing commercial loan documentation, including attorney-prepared and Laser Pro-prepared documentsIdentifying key terms within loan...

  • Senior Loan Product Support Professional

    2 days ago

    Bengaluru, Karnataka, India beBeeloanIQ Full time ₹ 20,00,000 - ₹ 25,00,000

    Senior Loan Product Support SpecialistThis senior-level role involves providing technical expertise in loan product support, with a focus on customization, best practices, and optimization.Develop and implement custom validations using the loan IQ SDKCreate and enhance custom batches, reports, and workflowsDebug, troubleshoot, and optimize loan IQ custom...

  • Loan Review Specialist

    2 days ago

    Bengaluru, Karnataka, India beBeeUnderwriter Full time ₹ 80,00,000 - ₹ 1,50,00,000

    Loan Review SpecialistWe are seeking highly skilled Loan Review Specialists to manage end-to-end underwriting processes, analyze income documents, and collaborate with cross-functional teams.Manage the complete loan review process from initial assessment to final decision.Evaluate loan applications, credit reports, and borrower documentation to ensure...

  • Senior Loan IQ Technical Specialist

    2 days ago

    Bengaluru, Karnataka, India beBeeData Full time ₹ 20,00,000 - ₹ 26,00,000

    Loan IQ Specialist PositionThis role requires expertise in the Loan IQ tool, specifically server configuration and interface development.The candidate should possess strong SQL skills and be proficient in either Java or .NET programming language.They must have experience with Loan IQ data model and understand database schema and performance...

  • Audit Risk Specialist

    1 week ago

    Bengaluru, Karnataka, India beBeeRisk Full time ₹ 17,28,000 - ₹ 21,84,000

    Job DescriptionThe Assistant Manager Internal Audit will plan and execute risk-based audits across the education loans portfolio, covering end-to-end lifecycle: sourcing, underwriting, documentation, disbursement, servicing, collections, and regulatory reporting.Evaluate the adequacy and effectiveness of internal controls across the retail lending value...

  • Senior Loan IQ Systems Specialist

    5 days ago

    Bengaluru, Karnataka, India beBeeTechnical Full time ₹ 15,00,000 - ₹ 20,00,000

    Job Summary:A highly skilled Technical Specialist is required to work with Loan IQ, a tool used for syndicated loans. The successful candidate will have experience in configuring servers and batches to optimize Loan IQ performance.Key Responsibilities:Configure server infrastructure to enhance Loan IQ efficiency.Develop interfaces and generate reports...

  • Senior Loan Operations Coordinator

    1 day ago

    Bengaluru, Karnataka, India beBeeAnalytical Full time ₹ 81,60,000 - ₹ 1,21,20,000

    Loan Operations SpecialistJob Purpose:We seek an analytical and detail-oriented professional to join our Lending Services division as a Loan Operations Specialist. You will collaborate closely with our clients ensuring seamless loan servicing.Key Responsibilities:Verify commercial loan documents for accuracy, reviewing each detail meticulously.Interpret key...

  • Commercial Loan Closing Specialist

    5 days ago

    Bengaluru, Karnataka, India beBeeLoanClosing Full time ₹ 1,36,79,068 - ₹ 2,16,43,278

    Job Title:Commercial Loan Closing Specialist This role involves providing support for the loan closing process. As a Commercial Loan Closing Specialist, you will be responsible for ensuring that all necessary documents are prepared and reviewed in a timely manner. The ideal candidate will have experience in commercial loan closing and possess strong...

  • Loan IQ Technical Support Expert

    3 days ago

    Bengaluru, Karnataka, India beBeeTechnical Full time ₹ 20,00,000 - ₹ 25,00,000

    Senior Loan IQ Product Support SpecialistThe Senior Loan IQ Product Support Specialist will be responsible for providing technical and functional support for the Loan IQ product. The ideal candidate will have a deep understanding of the Loan IQ database schema and entity relationships.Main Responsibilities:To provide high-quality technical support to...