Head - Credit Audit - Bank - CA

Head - Credit Audit - Bank

ROLE PURPOSE & OBJECTIVE:

- Responsible for the independent review of design and execution of retail and institutional funding to assess the credit quality of lending activities and their governance.

- Support the Head of Audit ("HOA") in all matters related to credit risk, including contributing to the Bank's risk assessment and support business on development of appropriate credit risk framework.

KEY RESPONSIBILITIES OF THE ROLE:

- Pan India audit coverage and risk based scoping methodology to ensure a comprehensive and representative sample of the overall loan portfolio.

- Policies and procedures to govern a comprehensive credit audit Mechanism to meet regulatory requirements and identify and report risks and controls Gaps.

- Quality of the credit audit to ensure effective challenge to first and second lines of defence.

- Ensure early identification and escalation of risks, issues, trends and developments to relevant stakeholders.

- Continuous Monitoring of the Bank's loan portfolio and to raise issues outside of formal audit when needed.

- Support the HOA in the development of the risk assessment and development of an appropriate audit plan which will address key risks identified and meet relevant regulatory requirements and Board expectations that are required to be covered by IAD.

- Be ready to participate as team member for assigned audit work and potentially lead the more complex audits such as multi-location high risk audits or thematic audit or Product audits or portfolio reviews.

- Keep abreast of internal and regulatory guidelines and make adequate changes, if required, in the audit methodology

Educational Qualifications: CA or similar qualification with total post qualification experience of 12-15 years of which 6-7 years in credit audit/credit risk management Bank or multi product NBFC