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