Overview
Credit Audit – Retail Assets
Job Role:
– Experience in undertaking credit audit for Home Finance, LAP, Working Capital, Retail & Corporate Agriculture, Infrastructure Finance, Commercial Vehicle, Relationship Banking Group Business.
– Performing Audits for retail lending business (working capital as well as term loan products) as per the Risk Based Audit Plan.
– Conducting Independent assessment, identifying associated risks and mitigants, financial analysis and identify miss outs.
– Review, documentation, pre and post-disbursement conditions and monitoring practices and controls.
– Assess the Early Warning Signal (EWS) identification mechanism and its effectiveness
– Identify potential weaknesses in risk evaluation, monitoring and overall related processes, and recommend appropriate corrective actions
– Review adherence to internal processes as well as regulatory guidelines
Responsible for:
– Preparation of Business Understanding Document and Audit Checklist ensuring adequate audit scope coverage.
– Finalization of Sampling.
– Review of work performed by the team along with Audit Findings and Discussion/Closure of the same with auditee.
– Preparation of audit reports with adequate documentation and post-report activities like FTAC and ACB preparation, closure of the audits in system and closure of actionable.