Job Summary
We are seeking an experienced Retail Asset Auditor with 4+ years of relevant experience to conduct independent audits of retail asset and lending portfolios. The role involves reviewing the end-to-end lending process, including loan sourcing, credit appraisal, disbursement, post-disbursement monitoring, and compliance with applicable guidelines and internal policies.
Key Responsibilities
- Conduct audits of Retail Asset and Retail Lending portfolios.
- Review Commercial Vehicle Loans, Commercial Equipment Loans, Auto Loans, Inventory Funding, Home Loans, and Loan Against Property (LAP).
- Evaluate loan sourcing and credit appraisal processes.
- Review loan sanction, documentation, and disbursement processes.
- Conduct post-disbursement monitoring of retail loan accounts.
- Verify compliance with RBI guidelines and internal lending policies.
- Identify process gaps, control weaknesses, credit risks, and policy deviations.
- Prepare audit observations and recommend corrective actions to strengthen retail lending controls.
Required Skills & Experience
- 4+ years of relevant experience in Retail Asset Audit, Credit Audit, Internal Audit, Retail Credit, or Retail Lending.
- Strong experience with Commercial Vehicle Loans, Commercial Equipment Loans, Auto Loans, Inventory Funding, Home Loans, and LAP.
- Good understanding of credit appraisal, loan sourcing, disbursement, and post-disbursement monitoring.
- Knowledge of retail lending guidelines, RBI regulations, and internal credit policies.
- Strong analytical, audit documentation, and reporting skills.
Preferred Candidate Profile
- Experience in Banks, NBFCs, Housing Finance Companies, or Financial Institutions.
- Hands-on experience in Retail Asset Audit or Retail Credit Audit.
- Ability to identify control gaps, process deviations, and compliance issues.
- Strong understanding of the end-to-end retail lending process.
Pay: ₹300,000.00 - ₹480,000.00 per year
Work Location: In person
