Team Leader IAD Credit Retail

PositionBU/FunctionAuditName of ExecutiveEmployee NumberReporting toHead – Credit AuditResponsibilities/ Job DescriptionØ Responsible for conducting independent review /audits of the Wholesale Banking portfolio to ensure the accuracy, compliance, and effectiveness of Credit Processes, risk management and loan documentation.Ø Participate in audits of various businesses, processes and operations related to Wholesale Banking.Ø The position will require in-depth understanding of Credit Risk management, Regulatory requirements, and internal policies with focus on mitigating risks.Ø Drafting and issuance of findings and discussion with Auditee for closure of same.Ø Assist in Planning, designing and implementation of risk based audit plans to ensure safety and soundness of the Bank.Ø Ensure completion of assigned audits and documentation of work papers on time.Ø Track status of issues reported and closure of open audit points.Ø Assist in keeping relevant processes benchmarked to the Best Practices and peer banks.Ø Assist in keeping Audit Procedure Manual and checklists current and updated.Ø Provide improvement/ suggestions to existing process / systems to line managementØ Provide oversight to the Concurrent Audit process.Ø Ensure submission of concurrent audit reports on timeØ Ensure regular update of concurrent audit checklistsØ Ensure appropriate review of concurrent audit issuesØ Ensure follow-up & rectification of concurrent audit issues