Credit Auditor - Wholesale

Yes Bank Ltd.; Mumbai; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Yes Bank Ltd. is seeking a banking audit professional to evaluate credit assessments, financial analyses, and cash flow projections for wholesale borrowers.

You will verify compliance with Corporate Credit Policies, risk-appetite frameworks, and central bank norms, and review credit memos and pricing or structural exceptions. You will audit security perfection, pre-disbursement conditions, and legal vetting, while assessing early warning frameworks and covenant compliance to identify potential

Qualifications

• Evaluate credit assessments, financial analyses, and cash flow projections for wholesale borrowers.
• Assess compliance with risk-appetite frameworks and central bank norms.
• Review credit committee memos and pricing/structural exceptions.

Responsibilities

• Audit security perfection: charges, hypothecation, guarantees.
• Verify pre-disbursement conditions and legal vetting.
• Assess EWS frameworks and stock/book-debt audit mechanisms.
• Review account conduct and use of funds to ensure covenants.
• Identify early signs of stress and potential NPAs.
• Extract and analyze credit portfolio data using risk models, SQL, or Excel.

Skills

Credit audit

Financial analysis

SQL

Excel

Risk analysis

NPAs detection

Regulatory compliance

Stakeholder management

Education

CA / MBA in Finance

Tools

SQL

Corporate Loan Management System

Job description

Role & responsibilities:

• Evaluate the quality of credit assessments, financial analysis, and cash flow projections for wholesale borrowers.
• Verify compliance with Corporate Credit Policies, risk-appetite frameworks, and central bank exposure norms.
• Assess industry-specific risk analysis, financial covenants, and macro-economic factors considered during appraisal.
• Review credit committee memos, approval deviations, and the justification for pricing or structural exceptions.
• Audit the execution and perfection of security, including charges on fixed assets, hypothecation of current assets, and corporate/personal guarantees.
• Verify pre-disbursement conditions (CPAs) and check if legal vetting, property valuations, and title search reports are current and valid. [1]
• Review complex facility documentation for consortium lending, multiple banking arrangements, and project finance.
• Assess the effectiveness of early warning signal (EWS) frameworks and stock/book-debt audit mechanisms.
• Review account conduct, end-use of funds, timely renewal of limits, and compliance with financial covenants.
• Identify early signs of stress, potential non-performing assets (NPAs), and credit frauds within the portfolio.
• Audit the restructuring process, stressed asset management, and provisioning logic for downgraded accounts.
• Extract and analyze credit portfolio data using risk models, SQL, or Excel to identify high-risk segments.
• Draft evidence-backed audit findings highlighting core process weaknesses for credit committees and business heads.
• Track the closure of critical audit observations and verify the implementation of corrective actions.

Preferred candidate profile:

KPIs -

• In depth knowledge of the banking audit operations. Ability to structure and customize solutions to meet client needs;
• Flair to work in complexity, with clear focus on closure of transactions
• Sharp analytical mindset, eye for detail, and objective decision-making capabilities.
• Deep understanding of corporate loan structures (Working Capital, Term Loans, Project Finance, Trade Finance, LC/BG).
• Familiarity with Corporate Loan Management Systems, financial modeling, and early warning tracking platforms.
• Advanced financial statement analysis, strong commercial acumen, and assertive stakeholder interaction