Hiring Organization : Banking

Salary : Not disclosed

Eligibility : CA Fresher

Auditor banking full time job in Mumbai India :

Location :  Santacruz Office, Mumbai(Work From Office)

Job type : Full time

Job Description :

 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.

Skills ::

credit-analysis

financial-compliance

risk-management