Responsibilities -

- Evaluate the quality of credit appraisals for retail products (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.
- Track the remediation of audit observations and ensure systemic gaps in credit processing are closed

KPIs -

- In depth knowledge of the banking audit operations. Ability to structure and customize solutions to meet client needs;
- Flair to work in complexity, with clear focus on closure of transactions
- Strong understanding of retail loan products, credit policy frameworks, and central bank (RBI) credit norms.
- Sharp analytical mindset, eye for detail, and objective decision-making capabilities.
- Proficiency in Loan Origination Systems (LOS), Loan Management Systems (LMS), and MS Excel

📌 Auditor (Mumbai)
🏢 Yes Bank
📍 Mumbai