GreyOrange - Manager - Internal Audit - Credit Vertical

:

• We are seeking an experienced Manager - Internal Audit (Credit) to lead credit audit and risk assessment activities across lending and financial operations.
• The role will be responsible for evaluating credit processes, underwriting practices, portfolio quality, policy adherence, documentation, and internal controls.
• The ideal candidate should have strong knowledge of credit appraisal, lending processes, credit risk, financial statement analysis, and internal audit methodologies.
• The candidate will work closely with Credit, Risk, Business, Operations, Compliance, and senior management teams to identify control gaps and recommend corrective actions.

Key Responsibilities:

• Lead internal audits of credit underwriting, approval, sanction, documentation, and disbursement processes.
• Review credit proposals and assess adherence to approved credit policies and delegated authority.
• Evaluate borrower financial statements, creditworthiness, repayment capacity, and risk exposure.
• Conduct audits across retail, SME, corporate, or wholesale credit portfolios as applicable.
• Identify gaps in credit appraisal, underwriting, monitoring, documentation, and post-disbursement processes.
• Review compliance with internal credit policies, regulatory requirements, and risk management frameworks.
• Assess effectiveness of internal controls across the credit lifecycle.
• Conduct portfolio-level analysis to identify trends, exceptions, concentration risks, and early warning indicators.
• Review deviations and policy exceptions and assess the adequacy of approval and monitoring mechanisms.
• Perform root-cause analysis of audit observations and recommend practical remediation measures.
• Prepare detailed audit reports highlighting findings, risk implications, root causes, and corrective actions.
• Track closure of audit observations and ensure timely implementation of agreed action plans.
• Coordinate with Credit, Risk, Finance, Operations, Compliance, and Business teams during audit assignments.
• Present significant findings and risk observations to senior management and relevant stakeholders.
• Support development of the annual risk-based internal audit plan.
• Maintain audit documentation, working papers, evidence, and review trails.
• Identify opportunities to strengthen credit governance, risk controls, and operational processes.

Technical & Functional Skills:

• Credit Risk Assessment
• Credit Underwriting
• Internal Audit
• Credit Audit
• Financial Statement Analysis
• Exception & Deviation Analysis
• Advanced Excel and MIS Reporting

Preferred Qualifications:

• CA / MBA Finance / CFA / relevant professional qualification preferred.
• Experience in banking, NBFC, financial services, lending, or credit organizations.
• Strong understanding of lending products and credit lifecycle.
• Experience handling credit audits independently.
• Exposure to RBI guidelines and applicable financial-sector regulatory requirements is preferred.