Credit Audit Lead

4 days ago

Mumbai, Maharashtra, India Yes Bank Full time ₹ 15,00,000 - ₹ 30,00,000 per year

Key Responsibility Area (KRA)

  • Conducting Credit Audits of Wholesale Banking segment and SMEs.
  • Credit audit review covers both pre and post sanction, disbursement and monitoring process.
  • Lead or participate in all business credit audits, including process related audits such as audit of EWS, Credit Admin team, eNPA system, Credit & Risk policies etc.
  • Lead and effectively manage a team of 5-6 auditors

. Prepare detailed audit reports highlighting findings, root causes and recommendations.

. Lead and complete the audit assignments end to end, including independent discussions with auditee to validate findings and ensure timely closure of issues.

. Lead / contribute towards automation and system upgradations.

  • Timely commencement and closure of audits including documentation of working papers
  • Preparation and submission of audit reports within stipulated time frame
  • Timely submissions of RBI data, Tranche III and any other regulatory requirements
  • Ensuring quality of audit reports, correctness, consistency of data furnished, emphasis on policies, internal guidelines, process, practices and people, revenue assurance and risk coverage
  • Carrying out other assignment such as review of process, thematic audit, checklists and special audits
  • Co-ordination with concurrent auditors for effective monitoring and ensuring the quality of concurrent audit reports
  • Examine and provide comfort to Team Lead Audit on all developments on Credit related areas so as to provide assurance on regulatory and other control requirements of the Bank. Simultaneously 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

Key Proficiencies

  • Hands on experience of approximately 12-14 years in WB Credit Audit, Business and Credit at both operational and supervisory level
  • Knowledge of Credit Function, Policies, internal guidelines, process, practices and people, revenue assurance, risk coverage
  • Ability to carry out assignments such as review of process, thematic audits, checklists and special audits as and when required.
  • Ability to ensure timely commencement and closure of audits
  • Good communication (both verbal & written) and interpersonal skills
  • Ability to manage a team and contribute towards team goals
  • Ability to manage multiple tasks/ projects and deadlines simultaneously

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