Team Member Wholesale Credit Audit

As an Internal Auditor in the Wholesale and SME Lending Audit team of a banking industry in Mumbai, your role involves conducting comprehensive credit audits, assessing risks, and ensuring compliance with regulatory requirements for the banks credit portfolio. **Key Responsibilities:** - Conduct detailed credit audits for Wholesale and SME banking, covering the entire lending lifecycle. - Evaluate credit due diligence, documentation, post-sanction monitoring, and credit rating models. - Audit credit assessments for working capital loans, non-fund exposures, term loans, and project finance. - Perform thematic reviews on credit-related areas such as borrower credit ratings, loan provisioning, NPA classification, end-user verification, early warning systems, and stressed assets. - Identify gaps in credit risk evaluation processes and recommend corrective actions. - Independently analyze financial data to identify inconsistencies or missing details in credit assessment notes. - Ensure timely submission of regulatory data such as RBI data and tranche III. - Review audit checklists to ensure full coverage and accuracy. - Highlight control lapses, revenue leakages, and suggest process improvements. - Collaborate with stakeholders and auditees to discuss observations and finalize findings. - Prepare and finalize audit reports in partnership with the team leader. - Track open/pending audit issues, ensuring follow-up and resolution. - Oversee concurrent audits to ensure high-quality execution. - Maintain and update audit documentation in line with relevant systems and processes. **Qualification and Experience:** - CA / MBA / Postgraduate Finance or related field with 4 to 12 years of relevant experience in credit audit for banks. **Key Skills:** - In-depth knowledge of credit-related RBI regulations and wholesale credit underwriting process. - Effective communication and report drafting skills. - Strong analytical and problem-solving abilities. - Proficient in MS Word and Excel. - Ability to plan, execute, and document audits efficiently. - Deadline-oriented with strong organizational skills. This job offers you the opportunity to utilize your expertise in credit auditing within the banking industry, ensuring compliance and risk assessment are in line with regulatory standards.,