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 Wholesale Management Band Junior Management Location YBH Mumbai / Gurgaon / Noida Section II: JOB ROLE SCOPE Number of Direct Reports None Financial Metrics (Budget, Revenue, etc.)
- Total Team Size Individual Contributor SECTION III: PURPOSE OF THE ROLE Perform independent, risk-based audits of the wholesale lending portfolio covering large corporates, mid-corporates to evaluate credit risk management, underwriting standards, documentation quality, and post-sanction monitoring SECTION IV:

KEY RESPONSIBILITIES
& KPIS OF THE ROLE Responsibilities KPIs Strategy and Planning
• 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 RBI 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.
• 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.
• In depth knowledge of the banking audit operations. Ability to provide solutions to meet needs.
• Flair to work in complexity, with clear focus on closure of transactions
• Sharp analytical mindset and eye for detail.
• 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, strong commercial acumen, and assertive stakeholder interaction. Policies, Processes & Procedures




• Facilitate development and maintenance of internal audit methodologies, ensuring alignment with professional standards (e.g., IIA Standards) and regulatory expectations.
• Ensure adherence to internal policies, procedures, statutory requirements, and relevant banking regulations. Business Development
• Attend training programs to enhance audit quality and also serve as buddy to the recent joinees. Performance Monitoring & Reporting
• Facilitate the lead auditor in preparation of reports.
• Review control mechanisms in outsourcing arrangements, vendor processes, and third-party integrations. Relationship Management
• Build and manage relationships across levels of auditees ensuring open communication and trust. Risk and Internal Control
• Ensure timely and correct submission of data / information to Reserve Bank of India
• Ensure timely closure of assigned field work and open audit points People Management
• Ensure timely submission of data/ information to Reserve Bank of India. SECTION V: OPERATING NETWORK Internal For collating responses and information for submission to RBI. SECTION VI: ROLE PROFILE REQUIREMENTS Education Essential: Chartered Accountant, MBA (Finance), or certifications in Credit Risk Management. Experience Essential: 2 to 6 years in credit underwriting, credit operations, or Wholesale credit audit within a private bank or NBFC). Competencies CORE COMPETENCIES LEADERSHIP/ BEHAVIORAL COMPETENCIES
• Customer and Quality Focus
• Drive for Results
• Integrity
• Lead and Develop people
• Enables Change
• Build transparent and inclusive teams

📌 Auditor (Mumbai)
🏢 Yes Bank
📍 Mumbai