Credit Audit - Retail Assets

Yes Bank; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Yes Bank is seeking an audit professional to lead and oversee Credit function audits across Wholesale and Retail banking, covering pre- and post-disbursement policies and procedures. You will plan risk-based audit programs, design checklists, supervise concurrent audits, ensure timely documentation, track issues, and propose process improvements.

Ideal candidates are CA or MBA (Finance) with expert knowledge of credit policies and bank audit procedures, and 1–8 years’ hands‑on credit audit

Qualifications

• CA or MBA (Finance) qualification required.
• Expert knowledge of Credit policies and procedures.
• Hands-on experience in credit audit/underwriting.
• Strong communication and documentation skills.

Responsibilities

• Lead and oversee audits of the Credit function across Wholesale and Retail banking segments.
• Plan risk-based audit programs and test controls.
• Design audit checklists and supervise concurrent audits.
• Ensure timely work papers and closure of audit findings.
• Track status of issues and recommend improvements.
• Keep audit procedures updated and benchmark against peers.

Skills

Credit audit

Banking audits

Internal audit

Policy knowledge

Communication skills

Education

Chartered Accountant (CA)

MBA Finance

Job description

Role & responsibilities

• Lead/ Oversee audits of the Credit function. Credit audits will cover customers across Wholesale/Retail working capital Banking segments. Such audits will cover both pre and post disbursement policies & procedures.
• Plan, design and implement risk based audit plans to ensure safety and soundness of the Bank.
• Oversee Concurrent Audit Process .
• Ensure completion of assigned audits and documentation of work papers on time.
• Track status of issues reported.
• Assist in keeping relevant processes benchmarked to Best Practices and peer banks.
• Assist in keeping Audit Procedure Manual and checklists updated.
• 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

Preferred candidate profile

• Chartered Accountant/MBA(Finance)
• Expert knowledge of Credit Policies & Procedures covering both pre & post disbursement aspects
• Expert knowledge of bank audit procedures.
• Hands on experience of Credit audit/underwriting of approximately 1-8 years at operational .
• Possess sound product knowledge of all other areas of banking including regulatory requirements.

Should be a clear thinker and excellent communicator.