Credit Concurrent Audit

Job Description

• 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