AVP- Credit Audit

Utkarsh Small Finance Bank; Varanasi, Navi Mumbai; On-site; INR 4,000,000 - 7,000,000; Full time

Job summary

Utkarsh Small Finance Bank in India seeks a senior professional to lead Credit Audit operations across Retail, MSME and other lending portfolios. You will review credit appraisal, sanctions, documentation, disbursement and post-sanction controls, and identify policy deviations while ensuring regulatory compliance.

The role requires 12+ years in credit audit, credit risk or underwriting within banks/NBFCs, with a focus on risk-based audits, EWS/NPA portfolio reviews, and delivering actionable

Qualifications

• 12+ years of relevant experience in credit audit, internal audit, credit risk or underwriting within banks or NBFCs.
• Proven ability to review credit portfolios and assess policy adherence and regulatory guidelines.

Responsibilities

• Conduct Credit Audits covering Retail, MSME and other lending portfolios.
• Identify credit, operational and process risks, control gaps and policy deviations.
• Prepare audit reports with key risk observations and corrective actions.
• Review credit appraisal, sanction, documentation, disbursement and post-sanction controls.
• Assess adherence to Credit Policy, Delegation of Authority, SOPs and regulatory guidelines.
• Review asset classification, provisioning, EWS, SMA/NPA accounts and portfolio quality.
• Track closure of audit observations and coordinate with Business, Credit, Risk and Operations teams.
• Support risk-based audit planning, thematic reviews and management reporting.

Skills

Credit Audit

Internal Audit

Credit Risk

Credit Underwriting

Job description

Role & responsibilities

• Conduct Credit Audits /credit functions covering Retail, MSME and other lending portfolios.
• Identify credit, operational and process risks, control gaps and policy deviations.
• Prepare comprehensive audit reports, highlight key risk observations and recommend corrective actions.
• Review credit appraisal, sanction, documentation, disbursement, monitoring and post-sanction controls.
• Assess adherence to Credit Policy, Delegation of Authority, SOPs and regulatory guidelines.
• Review asset classification, provisioning, early warning signals (EWS), SMA/NPA accounts and portfolio quality.
• Track closure of audit observations and coordinate with Business, Credit, Risk and Operations teams.
• Support risk-based audit planning, thematic reviews and management reporting.

Preferred candidate profile

• 12+ years of relevant experience in Credit Audit / Internal Audit / Credit Risk / Credit Underwriting within Banks/NBFCs.