Home | Jobs | Finance | Credit Concurrent Audit

03 Jan 2023


Credit Concurrent Audit


5-6 Years

unsecured loans, Finance, Audits, credit audit, financial ratios, Chartered Accountant, loan against property, Concurrent Audit

Job Description

Position: Credit Concurrent Audit
Qualification: CA
Experience: 5 to 6 years
Location: Mumbai

  • Job involves participating in all aspects of Credit Audit for Loan against Property, Unsecured Loans, Used Commercial Vehicles.
  • Independently conduct loan review/credit audit of appraisal.
  • Independently review on the compliance to company’s laid down policies with regard to sanction process, assessment, adequacy of documentation.
  • Assessments, conduct independent review of pre sanction processes in line with prudent credit practices and internal policies
  • Analyzing the various key financial ratio/indicators with the CAM and financial documents
  • Review of post sanction activities are in line with internal processes and guidelines.
  • Assist in planning, designing and implementation of audit plans.
  • Ensure completion of assigned audit activity commencement and completion as per the plan
  • Escalation and discussion on audit finding with respective stake holders before finalisation of reports
  • Follow-up with respective verticals for closure and compliance of the audit findings
  • Audit sampling and submission of reports within stipulated timelines.
  • Assist in preparation of audit checklists for use of Credit audits
  • Provide improvement suggestions to the existing process/systems to line manager/management
  • Work with the audit teams and internal stakeholders for timely closure of all audit related points
  • To standardize all audit related submission month on month to facilitate internal teams for better coordination
  • Assist in improving the efficiency levels and improving control environment
  • Report non-compliance and deviation and assure safeguards

03 January 2023


Subscribe Now