Credit Audit Role - Corporate/Wholesale Loan - Bank

Hiring for a renowned private bank

Key Responsibilities:

- Conduct comprehensive credit audits of corporate and wholesale loan portfolios to assess the effectiveness of credit risk management practices.

- Evaluate the adequacy of credit policies, procedures, and controls to ensure compliance with regulatory requirements and internal guidelines.

- Identify and document control weaknesses and process gaps through detailed audit testing and analysis, providing clear and concise findings to management.

- Develop and recommend practical solutions to address identified weaknesses, improving credit quality and mitigating potential losses.

- Prepare comprehensive audit reports summarizing findings, recommendations, and management's responses, ensuring timely communication to relevant stakeholders.

- Track and validate the implementation of corrective actions to ensure that identified weaknesses are effectively remediated.

- Stay abreast of industry best practices and regulatory changes related to credit risk management, incorporating relevant updates into audit procedures.

- Collaborate with credit risk teams, relationship managers, and internal audit functions to promote a strong risk culture and enhance overall credit risk management effectiveness.