Auditor

Key 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 RBI 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.
• 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.
• Facilitate the lead auditor in preparation of reports.
• Review control mechanisms in outsourcing arrangements, vendor processes, and third-party integrations.

Requirements & Tech Stack

• CA Fresher
• SQL
• Excel