Core Responsibilities

Credit Risk Assurance Reviews

Conduct risk-based assurance reviews across the credit lifecycle including:

underwriting and credit decisioning
credit approvals and delegated authorities
portfolio monitoring
collections and recoveries

Evaluate the design and operating effectiveness of credit risk controls.
Apply audit like and/or risk-based methodologies to assess compliance with credit policies, regulatory expectations and internal standards.
Perform file reviews and sampling of credit decisions to assess appropriateness of risk assessment and documentation.
Track and validate findings actions through to closure

Data Analysis & Portfolio Insights

Analyse credit portfolio data to identify trends, emerging risks and potential control weaknesses.
Perform data-driven testing to validate credit risk controls and underwriting standards.
Use analytical tools to assess key indicators such as:

credit quality trends
arrears and default rates
concentration risks
policy exceptions
quality of decision making





Develop and maintain analytical models or dashboards to support assurance reviews.

Policy & Regulatory Compliance

Assess alignment of credit processes with internal policies, risk appetite and regulatory expectations.
Evaluate compliance with relevant regulatory requirements (e.g. Consumer Duty, responsible lending obligations).
Identify areas where credit practices may expose the organisation to heightened financial or conduct risk.

Assurance Methodology

Plan and execute assurance reviews using the team’s structured methodology including:

risk assessment
control evaluation
sample testing
root cause analysis

Document findings clearly and provide evidence-based conclusions.
Prepare high-quality working papers and assurance reports.

Stakeholder Engagement

Engage with credit risk, underwriting, and business teams to understand processes and controls.
Present findings and insights to senior stakeholders in Risk, Credit and Internal Audit.
Pro

📌 Senior Credit Assurance Analyst IND (India)
🏢 Osbindia
📍 India