Job Description

Core Responsibilities: Audit of Credit Process and Regulatory Compliance: Conduct comprehensive audits of credit processes and performance assessments to ensure adherence to internal policies and regulatory requirements. Evaluate business processes for efficiency and compliance with industry regulations and company policies. Develop Audit Plans: Develop detailed audit plans, including the scope, objectives, and methodologies for evaluating compliance in various functions. Coordinate with other departments to understand their operations and risk areas to tailor audits effectively. Evaluate Control Systems: Assess the adequacy of internal controls and processes in place to mitigate risks related to credit processes, transactions, and financial operations. Suggest improvements or corrective actions where necessary to strengthen internal controls. Prepare Audit Reports: Prepare comprehensive audit reports outlining findings, risk assessments, and recommendations for improvement. Provide clear and concise reports to management and key stakeholders regarding audit results and potential compliance gaps. Monitor Implementation of Audit Findings: Track and monitor the implementation of corrective actions based on audit recommendations. Work with relevant departments to ensure that action items are being addressed within agreed timelines. Collaboration with External Teams: Candidate should be able to collaborate with external stakeholders Continuous Improvement: Contribute to the development of audit methodologies, processes, and tools to enhance the efficiency and effectiveness of compliance assessments. Suggest improvements in internal auditing processes to achieve greater transparency and compliance monitoring. Skills and Competencies: Strong analytical and problem-solving abilities especially in the credit and underwriting systems of lending business Detail-oriented and able to manage multiple tasks effectively. Ability to maintain confidentiality and handle sensitive information appropriately. Knowledge of audit methodologies and risk assessment techniques. Strong organizational and time-management skills. Ability to work independently and as part of a team. Ability to influence and drive change across different departments.