Credit Auditor - Large Corporates

Responsibilities -

 Evaluate the quality of credit assessments, financial analysis, and cash flow projections for wholesale borrowers.

 Verify compliance with Corporate Credit Policies, risk-appetite frameworks, and central bank exposure norms.

 Assess industry-specific risk analysis, financial covenants, and macro-economic factors considered during appraisal.

 Review credit committee memos, approval deviations, and the justification for pricing or structural exceptions.

 Audit the execution and perfection of security, including charges on fixed assets, hypothecation of current assets, and corporate/personal guarantees.

 Verify pre-disbursement conditions (CPAs) and check if legal vetting, property valuations, and title search reports are current and valid. [1]

 Review complex facility documentation for consortium lending, multiple banking arrangements, and project finance.

 Assess the effectiveness of early warning signal (EWS) frameworks and stock/book-debt audit mechanisms.

 Review account conduct, end-use of funds, timely renewal of limits, and compliance with financial covenants.

 Identify early signs of stress, potential non-performing assets (NPAs), and credit frauds within the portfolio.

 Audit the restructuring process, stressed asset management, and provisioning logic for downgraded accounts.

 Extract and analyze credit portfolio data using risk models, SQL, or Excel to identify high-risk segments.

 Draft evidence-backed audit findings highlighting core process weaknesses for credit committees and business heads.

 Track the closure of critical audit observations and verify the implementation of corrective actions.

KPIs -

 In depth knowledge of the banking audit operations. Ability to structure and customize solutions to meet client needs;

 Flair to work in complexity, with clear focus on closure of transactions

 Sharp analytical mindset, eye for detail, and objective decision-making capabilities.

 Deep understanding of corporate loan structures (Working Capital, Term Loans, Project Finance, Trade Finance, LC/BG).

 Familiarity with Corporate Loan Management Systems, financial modeling, and early warning tracking platforms.

 Advanced financial statement analysis, strong commercial acumen, and assertive stakeholder interaction