Auditor

Role Overview

This position involves conducting thorough assessments of credit quality, financial projections, and compliance within the banking credit portfolio. The role centers on ensuring adherence to credit policies, analyzing risk factors, and auditing security documentation related to corporate lending.

Key Responsibilities

• Evaluate the integrity and accuracy of credit assessments, financial analyses, and cash flow forecasts for corporate borrowers.
• Confirm compliance with relevant Corporate Credit Policies, risk appetite parameters, and regulatory exposure guidelines from the central bank.
• Analyze industry-specific risks, financial covenants, and the impact of macroeconomic variables during credit appraisals.
• Review credit committee documents, deviations in approvals, and rationale behind pricing or structural exceptions.
• Audit execution and perfection of security interests including fixed asset charges, current asset hypothecation, and both corporate and personal guarantees.
• Verify fulfillment of pre-disbursement conditions including the validity of legal evaluations, property appraisals, and title verification reports.
• Examine complex lending documentation associated with consortium loans, multi-bank financing, and projects.
• Assess the efficiency of early warning signals and stock/book-debt audit processes in identifying portfolio risks.
• Monitor account activities including fund utilization, timely renewal of credit limits, and adherence to financial covenants.
• Identify initial indicators of distress, probable non-performing loans, and instances of credit fraud within portfolios.
• Conduct audits on restructuring initiatives, management of stressed assets, and provisioning methods for downgraded accounts.
• Utilize risk assessment models, SQL, and Excel to extract and analyze credit portfolio data to pinpoint high-risk segments.
• Prepare detailed, evidence-based audit reports that highlight systemic weaknesses for credit committees and senior management.
• Track resolution of critical audit findings and verify corrective measures have been implemented effectively.

Performance Indicators (KPIs)

• Possess in-depth expertise in banking audit operations and capability to tailor solutions to client requirements.
• Demonstrate aptitude for working within complex environments with a strong focus on transaction closure.
• Exhibit sharp analytical skills, meticulous attention to detail, and objective decision-making.
• Have thorough understanding of corporate loan products including working capital finance, term loans, project financing, trade finance, and letter of credit/bank guarantees.
• Be conversant with Corporate Loan Management Systems, financial modeling techniques, and early warning tracking tools.
• Showcase advanced financial statement analysis proficiency, commercial awareness, and effective stakeholder communication.