Responsible to conduct independent risk based review of Appraisal & Assessment of various Credit facilities sanctioned to Corporate/SME loans. Detect gaps being observed at pre-sanction stages. Conduct risk based audit of borrower accounts post sanction with a specific focus on documentation, follow up & monitoring including EWS.
Senior Manager/Assistant Vice President reporting to Head Credit Audit.
KEY PERFORMANCE AREA (KPAS)
Conduct independent review of pre-sanction process, involved in sanction of Credit facility in lines with prudent credit practices.
Participating in all aspects of credit audit activities including credit risk assessment, audit planning, audit testing, control evaluation.
Review risk rating of borrower
Ensure that the credit proposal abides to Banks extant guidelines, Credit Policy & Regulatory guidelines
Report drafting with risk based approach, follow up and verification of issue closure.
Verify compliance as per the terms of sanction
Detect Early Warning Signals.
Evaluating, testing and reporting on the adequacy and effectiveness of management controls
Monitoring and analyzing key performance indicators to identify trends & deviations from standard industry benchmarks.
Staying abreast of local regulations and responding to regulators inquiry on a timely basis.
Partnering with legal, compliance, risk management and other control groups.
Perform and coordinate Credit Risk framework components which includes:
o Risk and due-diligence reviews
o Credit Risk Reporting and Analysis
o Record credit risk incidents and associated process breakdowns
o Assisting the credit Risk Owners and Coordinators with the identification of key risk indicators in their business units
o Report Key Risk Indicators (KRI) breaches and deriving root cause for significant deviations
Liaise with the Credit verticals, Risk &business unit representatives.
KEY SKILLS, KNOWLEDGE AND ABILITIES:
Banking professional with minimum 7-10 years in appraisal/assessment of credit proposals having good exposure in Corporate/SME credit including trade finance of which minimum 3 years of experience in conducting credit audit for SME/Corporate clients.
Preference for at least a post graduate (MBA or CA) with relevant concentration in finance and business management. Professional Certifications such as CAIIB/CFA would be an added advantage
Must have background in corporate banking as well as capital market/treasury spaces
Should have a good understanding of business strategy, plan, products, processes, performance, risks issues and communication of these to Audit Management via risk-based assessment
Excellent presentation skills and the development of related materials
Excellent oral and written communication skills
Strong organizational and prioritizing skills
Ability to influence business partners in addressing control issues and business practices
Ability to work in a unstructured environment and handle a variety of audit assignments simultaneously
Ability to work with concepts and work independently
Ability to be adaptable and flexible while responding to deadlines on assignments and workflow fluctuations