Leads wholesale banking credit audits for working capital and term loan lending. Reviews credit diligence, documentation, post-sanction conditions, regulatory adherence, risk evaluation, monitoring, and financial analysis. Prepares audit scopes, checklists, sampling plans, findings, reports, and closure activities while coordinating with auditees and handling the audit team.
Job Description
Team Supervisor –Wholesale Banking Credit Audit Grade: M5/M6/M7
Location: Mumbai
Job Role
Experience in undertaking credit audit for wholesale banking.
- Performing Credit Audits for lending business (working capital as well as term loan products) as per the Risk Based Audit Plan.
- Review of credit due diligence process, documentation, post-sanction conditions review
- Review adherence to internal processes as well as regulatory guidelines
- Identify potential weaknesses in credit risk evaluation, credit monitoring and overall credit related processes, and recommend appropriate corrective actions
- Conducting Independent financial analysis and identify miss outs, if any, in credit assessment notes.
Responsible for:
- Preparation of Business Understanding Document and Audit Checklist ensuring adequate audit scope coverage.
- Finalization of Sampling.
- Review of Audit Findings and Discussion/Closure of the same with auditee.
- Preparation of audit reports with adequate documentation and post-report activities like closure of the audits in system and closure of actionable.
Job Requirements
- CA/MBA qualified or prior experience in credit audit (working capital and term loan products) or credit underwriting
- Knowledge about corporate credit analysis for working capital and term loan products, assessment and monitoring, Trade products.; policies, key regulatory requirements.
- Excellent understanding of banking business processes and internal controls related to lending area
- High energy, Passion & Self-starter attitude with good presentation skills
- Team handling experience.
Credit Audit, Corporate Credit Audit, Wholesale Banking Audit, Lending Business audits, Credit Monitoring audit, RBI-RBS framework,
Kotak Mahindra Bank Mumbai, Maharashtra, IND Office
Mumbai, India
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