Internal Auditor

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