Overview
– Possessing strong analytical skills, in-depth knowledge of lending regulations, and a proven track record in conducting comprehensive audits. This role is critical in ensuring compliance, risk management, and the overall integrity of the bank’s lending business & operations.
Key Responsibilities
– Conduct audits of the lending business at various branches and asset centers to assess compliance with internal policies and regulatory requirements.
– Evaluate the effectiveness of lending processes, including loan origination, underwriting, servicing, and collections.
– Identify and analyze risks associated with lending practices and recommend improvements to enhance operational efficiency and compliance.
– Prepare detailed audit reports outlining findings, recommendations, and action plans.
– Stay updated on changes in lending regulations and best practices to ensure the bank’s operations remain compliant.
– Assist in the development of auditing procedures and methodologies specific to the lending business.
– Participate in training sessions for staff on compliance and risk management related to lending operations.