Auditor

YES BANK

About the Role

This role focuses on evaluating the quality of credit appraisals for retail products and SME, ensuring adherence to policies and regulations.

Key Responsibilities

• Evaluate the quality of credit appraisals for retail products and SME (Home Loans, Auto Loans, Personal Loans, LAP).
• Verify borrower eligibility against approved credit policy, income norms, and risk appetite frameworks.
• Assess the verification process of customer documents, including financial statements, tax filings, and credit bureau (CIBIL) reports.
• Review underwriting exceptions and deviations to ensure proper approvals and justifications exist.
• Check pre-disbursement conditions (CPAs) to confirm all sanctions terms are met before funds are released.
• Audit loan documentation accuracy, including loan agreements, mortgage deeds, and guarantee papers.
• Verify the perfection of charges on collateral, vehicle hypothecation, and legal/valuation report validity.
• Analyze post-disbursement tracking, including end-use verification and first EMI defaults (FED).
• Identify early warning signals (EWS) of stress, non-performing assets (NPAs), and potential retail credit frauds.
• Review the efficiency and compliance of collections and recovery processes for overdue accounts.
• Utilize audit tools and data analytics to identify sampling sets and high-risk loan pockets.
• Draft objective audit findings with clear root-cause analysis for credit and business stakeholders.
• Track the remediation of audit observations and ensure systemic gaps in credit processing are closed.
• Lead the development and maintenance of internal audit methodologies, ensuring alignment with professional standards (e.g., IIA Standards) and regulatory expectations.
• Ensure adherence to internal policies, procedures, statutory requirements, and relevant banking regulations.
• Prepare comprehensive reports and provide insights to senior management and the audit committee on the quality of audit work and key performance indicators.
• Ensure effective control mechanisms in outsourcing arrangements, vendor processes, and third-party integrations.
• Build and manage strong stakeholder relationships across all levels of management, governance bodies, and business units, ensuring open communication and trust.
• Measure stakeholder satisfaction with the audit process, as recommended by the Internal Audit Standards, to ensure continuous improvement.

Requirements & Tech Stack

• Audit tools
• Data analytics
• IIA Standards
• CIBIL reports

Qualifications

• CA Fresher