Position: Credit Monitoring Audit Executive / Auditor

Department: Credit Monitoring / Internal Audit

Assignment Duration: 4 Months

Industry: Banking / NBFC / Financial Services

Location: Mumbai, Maharashtra

Employment Type: full time Project Assignment

Job Summary

We are looking for a detail-oriented qualified to support a 4-month Credit Monitoring Division Audit assignment. The role will involve reviewing post-disbursement credit monitoring practices, borrower financial and operational information, covenant compliance, account conduct, Early Warning Signals (EWS), risk grading, and SMA/NPA classification.

Key Responsibilities
- Review the post-disbursement monitoring framework and assess its effectiveness.
- Review financial statements, stock statements, and operational performance of borrowers.
- Monitor compliance with loan covenants, borrower stipulations, and sanction conditions.
- Identify and evaluate Early Warning Signals (EWS) in borrower accounts.
- Review account conduct, transaction patterns, irregularities, and deviations.




- Verify credit rating reviews and risk grading processes.
- Review the accuracy of SMA/NPA classification and reporting.
- Evaluate the effectiveness of the escalation mechanism for identified risks and irregularities.
- Track corrective actions and ensure timely closure of audit observations.
- Conduct internal account reviews and verify relevant credit-monitoring records.
- Review and verify regulatory submissions related to credit monitoring and asset classification.
- Identify gaps, deviations, and control weaknesses in the credit monitoring process.
- Prepare audit observations, working papers, and review reports.
- Coordinate with relevant teams for clarification and supporting documents.
- Escalate critical findings and unresolved issues to the appropriate authority.
- Ensure audit activities are completed within the assigned 4-month project timeline.

Key Skills Required
- Credit Monitoring / Credit Audit
- Post-Di

📌 Credit Monitoring Division Audit (Mumbai)
🏢 Long Shot Assignment
📍 Mumbai