CSB Bank – Wholesale Credit Audit Role CSB BANK LIMITED

The Corporate Institute; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

The Corporate Institute in Mumbai is seeking an experienced Internal Auditor to join the Credit Audit team. This role will independently perform comprehensive audits, assess risks, and ensure regulatory and procedural compliance for the bank's credit portfolio.

You will audit wholesale and SME lending, evaluate due diligence, monitor post‑sanction activities, and prepare reports with the team leader, driving improvements in credit risk controls.

Qualifications

• CA / MBA / PG Finance with 3–8 years’ banking credit audit experience.
• Experience in credit audit or loan review mechanism (LRM) in banks.

Responsibilities

• Conduct detailed credit audits for Wholesale and SME banking, covering the entire lending lifecycle.
• Evaluate credit due diligence, security documentation, account conduct, post‑sanction monitoring, and credit rating models.
• Audit credit assessments related to working capital loans, non-fund exposures, term loans, and project finance.
• Perform thematic reviews on borrower credit ratings, loan provisioning, NPA classification, end use verification, early warning triggers, and stressed assets.
• Identify gaps or weaknesses in credit risk evaluation and monitoring processes, and recommend corrective actions.
• Independently analyse financial data and spot inconsistencies in credit assessment notes.
• Review regulatory submissions (e.g., RBI data, tranche I and III).
• Highlight control lapses, revenue leakages, and suggest improvements.
• Collaborate with stakeholders to discuss observations and finalise findings.
• Prepare and finalise audit reports with the team leader.
• Track open/pending audit issues and ensure resolution.
• Oversee concurrent audits and maintain updated documentation.

Skills

Credit audit

Risk assessment

Regulatory compliance

Internal control evaluation

Audit reporting

Stakeholder communication

Data analysis

Education

CA / MBA / Postgraduate Finance or related field

Job description

Role Overview:

Were looking for an experienced Internal Auditor to join our Credit Audit team. This individual contributor will be responsible for performing comprehensive audits, assessing risks, and ensuring compliance with regulatory and procedural requirements for the banks credit portfolio.

Key Responsibilities:

• Conduct detailed credit audits for Wholesale and SME banking, covering the entire lending lifecycle.
• Evaluate credit due diligence, security documentation, account conduct, post-sanction monitoring, and credit rating models.
• Audit credit assessments related to working capital loans, non-fund exposures, term loans, and project finance.
• Perform thematic reviews on borrower credit ratings, loan provisioning, NPA classification, end use verification, early warning triggers, and stressed assets.
• Identify gaps or weaknesses in credit risk evaluation and monitoring processes, and recommend corrective actions.
• Independently analyse financial data and spot inconsistencies in credit assessment notes.
• Review regulatory submissions (e.g., RBI data, tranche I and III).
• Highlight control lapses, revenue leakages, and suggest improvements.
• Collaborate with stakeholders to discuss observations and finalise findings.
• Prepare and finalise audit reports with the team leader.
• Track open/pending audit issues and ensure resolution.
• Oversee concurrent audits and maintain updated documentation.

Qualification and Experience:

• CA / MBA / Postgraduate Finance or related field with 3 to 8 years of relevant experience in credit audit for banks.
• Experience in credit audit/loan review mechanism (LRM) teams in banks.