Job Title Auditor Reporting To Senior Auditor/TL

Job Code ID NA Business Unit Internal Audit

Grade/ Level G7 & below Sub Business Unit Credit Audit Retail

Management Band Junior Management Location YBH Mumbai / Gurgaon / Noida

Section II: JOB ROLE SCOPE

Number of Direct

Reports 1 to 2 Financial Metrics (Budget, Revenue, etc.) -

Total Team Size 1 to 2

SECTION III: PURPOSE OF THE ROLE

Perform independent, risk-based audits of the retail lending lifecycle including sourcing, underwriting, disbursement, and collateral

management to ensure credit policy adherence, asset quality, and regulatory compliance.

SECTION IV: KEY RESPONSIBILITIES & KPIS OF THE ROLE

Responsibilities KPIs

Strategy and

Planning

Evaluate the quality of credit appraisals for retail products and SME (Home Loans, Auto Loans, Personal Loans, LAP).
Verify borrower eligibility against the 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 the 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 explicit root-cause analysis for credit and business stakeholders.
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📌 Auditor (Mumbai)
🏢 Yes Bank
📍 Mumbai