Scope of the Role
Responsible for auditing all the Retail Asset files in the assigned region. Handle all the existing and the new files. Responsible for conducting audits and ensuring compliance with industry regulations, while also providing valuable insights to improve processes and mitigate risks. Preferring candidates with excellent Audit exposure with retails assets operations.
Job Description
- Sr. Auditor | Retail Loans is a senior-level position in the auditing department of a financial institution, specifically focused on retail loans.
- This role involves conducting thorough and detailed audits of retail loan portfolios to ensure compliance with internal policies and external regulations.
- The Sr. Auditor is responsible for identifying and assessing potential risks associated with retail loans and making recommendations for risk mitigation.
- They work closely with loan officers and other departments to gather and analyze data related to loan origination, underwriting, and servicing.
- The Sr. Auditor is also responsible for reviewing loan documentation and verifying the accuracy and completeness of loan files.
- They may also conduct on-site visits to retail loan branches to observe loan processes and procedures in action.
- This role requires strong analytical skills and attention to detail, as well as a thorough understanding of retail loan products and industry regulations.
Ideal Candidates
Looking for skilled Auditors well experienced working in Retail Asset department of a Bank or a NBFC. The candidate should have a very good knowledge in MS Office, must have good Analytical and drafting skills.