Credit Auditor

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

Job summary

Yes Bank invites applications for a Credit Audit role focusing on Wholesale lending and Retail Assets. The candidate will lead audits of the Credit function across segments, design risk-based audit plans, and oversee concurrent audits.

Strong knowledge of credit policies, bank audit procedures, and post-disbursement controls is required. Excellent communicator with 1–8 years in credit audit/underwriting preferred.

Qualifications

• Expert knowledge of Credit Policies & Procedures covering pre & post disbursement.
• Expert knowledge of bank audit procedures.
• Hands-on experience in Credit audit/underwriting (1-8 years).
• Sound product knowledge of banking, regulatory requirements.

Responsibilities

• Lead/oversee audits of the Credit function across Wholesale/Retail segments.
• Plan, design and implement risk-based audit plans for safety and soundness.
• Oversee Concurrent Audit Process and ensure timely work papers.
• Track status of issues reported and update audit checklists.

Skills

Credit policy knowledge

Credit audit experience

Bank audit procedures

Excellent communicator

Education

Chartered Accountant

MBA (Finance)

Job description

Role:

Credit Audit - Wholesale lending OR Retail Assets

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

Qualification, Background and competencies

• 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.