Credit Auditor/Internal Auditor

Job Description

Role & responsibilities

• Conduct independent Credit Audits of advances in line with RBIs Loan Review Mechanism (LRM).
• Review the entire credit lifecycle: sourcing, appraisal, sanctioning, documentation, disbursement, and post-disbursement monitoring.
• Perform 3600 assessments of loan assets to evaluate asset quality and detect early warning signals.
• Prepare crisp and insightful audit memos with clear observations and actionable recommendations.
• Monitor credit portfolio and analyze industry trends to assess potential impact on asset quality.
• Participate in account and process audits across business verticals, focusing on credit risk and operational integrity.
• Ensure adherence to internal credit policies, process manuals, and regulatory frameworks.
• Recommend improvements to credit processes, documentation standards, and internal controls.
• Develop and implement audit checklists to proactively identify process gaps and bottlenecks.
• Collaborate with Business, Credit, and Risk teams to ensure timely resolution of audit observations.

Support the preparation of periodic reports for senior management and regulatory submissions.

Preferred candidate profile

• Experience in Credit Audit, Credit Risk Review, or Corporate Banking.

Prior experience in an internal audit or risk function within a bank or financial institution preferred.

Perks and benefits

Best as per industry norms

More Info

Education