Audit Executive-Business Process
MumbaiFull-time4–5 yrsPosted 4 months ago
Mid-level audit role at IDFC FIRST Bank in Mumbai. Needs 4–5 years and a B.Com, MBA or M.Com.
About the role
The Audit Executive for Credit Audit will be responsible for executing credit audits across the bank’s Corporate Banking, SME and Business Banking portfolios. The role will cover borrower-level Loan Review Mechanism (LRM) reviews and thematic/process audits across the end-to-end credit lifecycle.
What you'll do
- Assist the Audit Manager in planning, risk assessment and defining the scope of Credit Audits and Loan Review Mechanism reviews
- Execute LRM and Credit Audits covering Corporate Banking, SME and Business Banking portfolios within agreed timelines
- Review credit appraisal and underwriting, including financial analysis, repayment capacity, key credit risks, sanction terms
- Assess pre- and post-disbursement compliance, including documentation, security perfection, end-use of funds, covenant compliance and ongoing borrower/account monitoring
- Perform risk-based and data-driven portfolio reviews to identify high-risk borrowers, deviations, early warning signals, credit deterioration and emerging credit risks
What you need
- Audit
- Financial analysis
- Credit appraisal
- Credit risk
- Internal audit
- Working capital
Good to have
- CFA
- Financial statements
- Cash flow
- Underwriting