Team Leader IAD Credit Retail

Position

BU/Function

Audit

Name of Executive

Employee Number

Reporting to

Head – Credit Audit

Responsibilities/ Job Description

Ø 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 management

Ø Provide oversight to the Concurrent Audit process.

Ø Ensure submission of concurrent audit reports on time

Ø Ensure regular update of concurrent audit checklists

Ø Ensure appropriate review of concurrent audit issues

Ø Ensure follow-up & rectification of concurrent audit issues