Role & responsibilities

Responsibilities -

- Evaluate the quality of credit assessments, financial analysis, and cash flow projections for wholesale borrowers.
- Verify compliance with Corporate Credit Policies, risk-appetite frameworks, and central bank exposure norms.
- Assess industry-specific risk analysis, financial covenants, and macro-economic factors considered during appraisal.
- Review credit committee memos, approval deviations, and the justification for pricing or structural exceptions.
- Audit the execution and perfection of security, including charges on fixed assets, hypothecation of current assets, and corporate/personal guarantees.
- Verify pre-disbursement conditions (CPAs) and check if legal vetting, property valuations, and title search reports are current and valid. [1]
- Review complex facility documentation for consortium lending, multiple banking arrangements, and project finance.
- Assess the effectiveness of early warning signal (EWS) frameworks and stock/book-debt audit mechanisms.
- Review account conduct, end-use of funds, timely renewal of limits, and compliance with financial covenants.
- Identify early signs of stress, potential non-performing assets (NPAs),



and credit frauds within the portfolio.
- Audit the restructuring process, stressed asset management, and provisioning logic for downgraded accounts.
- Extract and analyze credit portfolio data using risk models, SQL, or Excel to identify high-risk segments.
- Draft evidence-backed audit findings highlighting core process weaknesses for credit committees and business heads.
- Track the closure of critical audit observations and verify the implementation of corrective actions.

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
- Sharp analytical mindset, eye for detail, and objective decision-making capabilities.
- Deep understanding of corporate loan structures (Working Capital, Term Loans, Project Finance, Trade Finance, LC/BG).
- Familiarity with Corporate Loan Management Systems, financial modeling, and early warning tracking platforms.
- Advanced financial statement analysis, solid commercial acumen, and assertive stakeholder interaction

📌 Credit Audit - Large Corporates (Mumbai)
🏢 Yes Bank
📍 Mumbai