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-Disbursement Monitoring
- Loan & Credit Documentation
- Financial Statement Analysis
- Stock Statement Review
- Covenant Compliance
- Early Warning Signals (EWS)
- Account Conduct Monitoring
- Risk Grading
- SMA/NPA Classification
- Regulatory Compliance
- Internal Account Review
- Audit & Risk Assessment
- Audit Documentation & Reporting
- Observation & Corrective Action Tracking
- MS Excel and MS Office

Preferred Candidate Profile

- Graduate/Postgraduate in Commerce, Finance, Banking, Economics, or a related discipline.
- Experience in Banking, NBFC, Credit Audit, Credit Monitoring, Internal Audit, or Risk will be preferred.
- Candidates with knowledge of loan accounts, financial statements, and post-disbursement monitoring will be an advantage.
- Strong analytical, documentation, and communication skills.
- Ability to review large volumes of financial and credit-related information accurately.
- Willingness to work on a 4-month project/assignment.

Assignment Duration

4 Months – Credit Monitoring Division Audit Project

Suitable Profiles: Credit Auditor | Credit Monitoring Executive | Credit Analyst | Credit Risk Executive | Banking Auditor | Internal Auditor | Credit Operations Executive.

Pay: ₹30,000.00 - ₹35,000.00 per month

Work Location: In person

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