Job Description

#

Manager-Credit Audit

Corporate 1100-Corporate Office, Bangalore, Karnataka, India








Department
CORPORATE CREDIT AUDIT
Job posted on
Jan 09, 2026
Employee Type
Permanent
Experience range (Years)
0 - 0

POSITION DESCRIPTION














JOB TITLE

Manager - Credit Audit

GRADE

AVP-I











DEPARTMENT

Internal Audit Department

LOCATION

Head Office













SUB-DEPARTMENT

Credit Audit

TYPE OF POSITION

Full-time











REPORTS TO

National Audit Manager - Credit

REPORTING INTO

Specialist















ROLE PURPOSE & OBJECTIVE

To execute internal audit of Credit function of the bank as per audit methodology/ procedures defined in Internal Audit Policy and applicable external/regulatory requirements To perform variety of audits including thematic reviews of banking products/processes, process and regulatory audits related to Credit and other departments. To coordinate with owning department for audit issue tracking and closure Support the National Manager- Credit Audit ("NM-CA") and Head of Audit (HOA) in all matters related to credit risk and execute the audit in accordance with instructions given from time to time.





SIZE OF THE ROLE



FINANCIAL SIZE

NON-FINANCIAL SIZE



NA Number of Process audits - participate and complete at least 7 audits annually. RBS Tranche I, II and III compliances - Based on audit coverage





KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business/ Financials

Perform Loan Review Mechanism activity in accordance with guidelines on credit risk management issued by RBI. Perform the Risk based Credit audit and Inspection (wherever required) in accordance with the scope document approved by NM-CA. To plan and execute Internal Audit of Credit functions/verticals as per the Board Approved Annual Audit Plan / Management requests, To assess controls, operational efficiencies and compliance with selected policies, procedures and regulations. Perform and execute any additional audit assignment instructed by Head of Audit or HCA at the respective location of placement or other regions jointly with other Credit Audit Managers. Ensure to maintain the quality of work-papers to provide sufficient support for the assessments made. Make an effective follow up of audit issues and close to the satisfaction of audit standards.

Customer (Both Internal & External)

Coordination for retrieving MIS data required at Corporate office/Regions and utilizing the data in audit reports. Provide common/systemic issues identified in credit audit reports to HCA/HOA. Explore audit relevant data from internal sources to produce audit evidence for risk assessment and analytical procedures.

Internal Process

Effectively collaborate with other team leaders of Branch Audits, other team members at Regions and NM-CA. In-depth analysis of critical findings reported in the audit to identify the vulnerabilities in the existing processes/ systems and suggesting for changes/improvement on the controls. To review Compliance to stipulated SLA/Policies/Processes/RBI regulations based on audit scope To test the effectiveness of controls based on sampling methodology Recommend development of policies and procedures in consultation with various departments for reducing risk and operational improvements. Draft detailed Internal Audit reports, discuss with owning department and maintain related work papers To track the audit for timely closure based on appropriate implementation To test the RBI guidelines for RBS Tranches (I, II and III) Complete Quality Assurance (QAIP) in terms of IIA guidelines for Audits completed

Innovation & Learning

Continuous learning on RBI Circulars, IBA Circulars, Statutory department circulars, internal circulars, policies and manuals. Undertake additional certifications, trainings and mandatory programs advised by the department. To complete learning modules related to Banking products and RBI regulations in Swayam App





MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS







Educational
Qualifications

Chartered Accountancy /CA (Inter)/ Post Graduate/ CIA / CAIIB







Experience(Years and Core Experience Type)

7-10 years of which 3-4 years in credit audit in retail Bank or multi product NBFC Experience in conducting Credit Audits or Credit risk assessment of retail products (Desired)







Certifications

If required







Functional Skills

Understanding of risk and control concepts Report writing and documentation abilities Communication and presentation skills Analytical and result oriented Skills









Behavioral Skills

Good interpersonal skills Internal stakeholder engagement







Competencies

Individual Contributor











KEY INTERACTIONS

INTERNAL

EXTERNAL



Head - Internal Audit Head of Credit Risk Head of Credit Functions Vendors (Financial / Non-Financial) RBI representatives QAIP Auditors





PREPARED BY : Audit Team

DATE : 16-08-2022



REVIEWED BY : Sathyananda P

DATE : 08-12-2023



LAST UPDATED BY : TM Team

DATE : 13-01-2024