Job Description

Team Supervisor Commercial Banking Credit Audit

Our client is one of the top banks in India

Position vacant : Team Supervisor -Commercial Banking Credit Audit

Location : Mumbai

Qualifications :

- 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.

Job responsibilities:

Experience in undertaking credit audit for Retail / Corporate Agriculture, Infrastructure Finance, Commercial Vehicle, Tractor / farm equipment's, Gold Loan etc. business.

- 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.

- To identify , analyze , devise control scenarios for various businesses/ functions in consultation with audit team/ auditee for periodic exception reporting;

- Validate, modify , append logics applicable to queries for the exception reporting either periodic/ case to case basis;

- To lead the team of data auditors & be responsible for performing data level checks of regulatory and operational effectiveness of control procedures;

- To effectively conclude gaps, deviations / exceptions and deficiencies observed in periodic exception reporting with the Senior Management & finalize actionable for further follow up, closure;

- Effectively present impacts ,trends, remediation steps warranted for gaps identified

- To liaise with auditees, BSG, IT team for enablement of offsite points;

- To play active role in reporting to Senior management , various committees & Regulator;

- Handle, guide and train subordinates on data audits procedures and ensure constructing a capable team;

- To play a role as per needs in the overall departmental effectiveness.

Will be required to do:

- 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.