Job Description:

We are seeking an experienced Manager - Internal Audit (Credit) to lead credit audit and risk assessment activities across lending and financial operations.

The role will be responsible for evaluating credit processes, underwriting practices, portfolio quality, policy adherence, documentation, and internal controls.

The ideal candidate should have strong knowledge of credit appraisal, lending processes, credit risk, financial statement analysis, and internal audit methodologies.

The candidate will work closely with Credit, Risk, Business, Operations, Compliance, and senior management teams to identify control gaps and recommend corrective actions.

Key Responsibilities:

- Lead internal audits of credit underwriting, approval, sanction, documentation, and disbursement processes.

- Review credit proposals and assess adherence to approved credit policies and delegated authority.

- Evaluate borrower financial statements, creditworthiness, repayment capacity, and risk exposure.

- Conduct audits across retail, SME, corporate, or wholesale credit portfolios as applicable.

- Identify gaps in credit appraisal, underwriting, monitoring, documentation, and post-disbursement processes.

- Review compliance with internal credit policies, regulatory requirements, and risk management frameworks.

- Assess effectiveness of internal controls across the credit lifecycle.

- Conduct portfolio-level analysis to identify trends, exceptions, concentration risks, and early warning indicators.

- Review deviations and policy exceptions and assess the adequacy of approval and monitoring mechanisms.

- Perform root-cause analysis of audit observations and recommend practical remediation measures.

- Prepare detailed audit reports highlighting findings, risk implications, root causes, and corrective actions.

- Track closure of audit observations and ensure timely implementation of agreed action plans.

- Coordinate with Credit, Risk, Finance, Operations, Compliance, and Business teams during audit assignments.

- Present significant findings and risk observations to senior management and relevant stakeholders.

- Support development of the annual risk-based internal audit plan.

- Maintain audit documentation, working papers, evidence, and review trails.

- Identify opportunities to strengthen credit governance, risk controls, and operational processes.

Technical & Functional Skills:

- Credit Risk Assessment

- Credit Underwriting

- Internal Audit

- Credit Audit

- Financial Statement Analysis

- Exception & Deviation Analysis

- Advanced Excel and MIS Reporting

Preferred Qualifications:

- CA / MBA Finance / CFA / relevant professional qualification preferred.

- Experience in banking, NBFC, financial services, lending, or credit organizations.

- Strong understanding of lending products and credit lifecycle.

- Experience handling credit audits independently.

- Exposure to RBI guidelines and applicable financial-sector regulatory requirements is preferred.