Manager-Credit Audit

ROLEPURPOSE & OBJECTIVE

1. Toexecute internal audit ofCredit function ofthe bank as per audit methodology/ procedures defined in InternalAudit Policy and applicable external/regulatory requirements
2. Toperform variety of audits including thematic reviews of bankingproducts/processes, process and regulatory audits related toCredit and other departments.
3. Tocoordinate with owning department for audit issue tracking andclosure
4. Supportthe National Manager- Credit Audit ("NM-CA") and Headof Audit (HOA) in all matters related to credit risk and executethe audit in accordance with instructions given from time totime.

KEYDUTIES & RESPONSIBILITIES OF THE ROLE

1. PerformLoan Review Mechanism activity in accordance with guidelines oncredit risk management issued by RBI.
2. Performthe Risk based Credit audit and Inspection (wherever required) inaccordance with the scope document approved by NM-CA.
3. Toplan and execute Internal Audit of Credit functions/verticals asper the Board Approved Annual Audit Plan / Management requests,
4. Toassess controls, operational efficiencies and compliance withselected policies, procedures and regulations.
5. Performand execute any additional audit assignment instructed by Head ofAudit or HCA at the respective location of placement or otherregions jointly with other Credit Audit Managers.
6. Ensureto maintain the quality of work-papers to provide sufficientsupport for the assessments made.
7. Makean effective follow up of audit issues and close to thesatisfaction of audit standards.

1. Coordinationfor retrieving MIS data required at Corporate office/Regions andutilizing the data in audit reports.
2. Providecommon/systemic issues identified in credit audit reports toHCA/HOA.
3. Exploreaudit relevant data from internal sources to produce auditevidence for risk assessment and analytical procedures.

1. Effectivelycollaborate with other team leaders of Branch Audits, other teammembers at Regions and NM-CA.
2. In-depthanalysis of critical findings reported in the audit to identifythe vulnerabilities in the existing processes/ systems andsuggesting for changes/improvement on the controls.
3. Toreview Compliance to stipulated SLA / Policies / Processes / RBIregulations based on audit scope
4. Totest the effectiveness of controls based on sampling methodology
5. Recommenddevelopment of policies and procedures in consultation withvarious departments for reducing risk and operationalimprovements.
6. Draftdetailed Internal Audit reports, discuss with owning departmentand maintain related work papers
7. Totrack the audit for timely closure based on appropriateimplementation
8. Totest the RBI guidelines for RBS Tranches (I, II and III)
9. CompleteQuality Assurance (QAIP) in terms of IIA guidelines for Auditscompleted

1. Continuouslearning on RBI Circulars, IBA Circulars, Statutory departmentcirculars, internal circulars, policies and manuals.
2. Undertakeadditional certifications, trainings and mandatory programsadvised by the department.
3. Tocomplete learning modules related to Banking products and RBIregulations in Swayam App

1. MINIMUMREQUIREMENTS OF KNOWLEDGE & SKILLS

• CharteredAccountancy /CA(Inter)/Post Graduate/ CIA / CAIIB

• 7-10years of which 3-4 years in credit audit in retail Bank or multiproduct NBFC
• Experiencein conducting Credit Audits or Credit risk assessment of retailproducts (Desired)

• Ifrequired

• Understandingof risk and control concepts
• Reportwriting and documentation abilities
• Communicationand presentation skills
• Analyticaland result oriented Skills

• Goodinterpersonal skills
• Internalstakeholder engagement

• IndividualContributor