Credit Risk & Corporate Banking Auditor

SUMMARY OF
ROLE:

The Credit Risk & Corporate Banking Auditor serves as
the subject matter expert within Internal Audit for Corporate Banking, Credit
Risk Management, and related risk governance frameworks. The role is
responsible for leading and executing complex audits covering corporate lending
activities, credit underwriting, portfolio management, credit administration,
problem accounts, risk rating methodologies, regulatory compliance, and credit
risk governance. The position provides independent assurance on the effectiveness
of controls, risk management practices, and governance processes related to
corporate banking and credit risk activities, while supporting the Internal
Audit function in identifying emerging risks and recommending strategic
improvements aligned with regulatory expectations and industry best practices.

KEY RESPONSIBILITIES:

Responsibilities

1.          Audit
Planning & Execution:

•            Lead and
execute risk-based audits across Corporate Banking, SME Banking, Credit Risk
Management, Market Risk, Liquidity Risk,, Enterprise Risk Management, Credit
Administration, Recovery, and other risk-related functions.

•            Develop
audit plans, scoping & risk assessments, and testing programs based on the
Bank's risk profile, regulatory requirements, and emerging risks.

•            Conduct
audit fieldwork through interviews, walkthroughs, testing, and analysis to
assess the effectiveness of governance, risk management, and control processes.

•            Ensure
audit assignments are completed in accordance with approved audit
methodologies, professional standards, and regulatory expectations.

•            Prepare
comprehensive audit working papers and maintain sufficient documentation to
support audit conclusions and recommendations.

2.          Risk
Management & Control Assessment:

•            Assess the
adequacy and effectiveness of risk management frameworks, governance
structures, policies, procedures, and internal controls across the Bank.

•            Evaluate
the design and operating effectiveness of controls relating to Credit Risk,
Market Risk, Liquidity Risk, , and Enterprise Risk Management activities.

•            Review the
effectiveness of risk identification, measurement, monitoring, reporting, and
escalation processes.

•            Assess
compliance with approved risk appetite statements, risk limits, delegated
authorities, and internal governance requirements.

•            Evaluate
the quality, accuracy, and reliability of risk management information and
reporting used to support management decision-making.

3.          Lending
& Corporate Banking Audit:

•            Conduct
end-to-end reviews of Corporate Banking, SME Banking, and lending-related
activities, including customer onboarding, credit risk assessment,
underwriting, approval, documentation, disbursement, monitoring, restructuring,
and recovery processes.

•            Assess the
effectiveness of credit risk controls throughout the lending lifecycle and
evaluate portfolio monitoring practices.

•            Review
compliance with approved credit policies, regulatory requirements, and
delegated authorities.

•            Evaluate
the adequacy of controls surrounding problem accounts, restructuring
activities, and recovery processes.

4.          Regulatory
Compliance & Governance:

•            Assess
compliance with applicable banking regulations, Basel requirements, internal
policies, and governance frameworks.

•            Evaluate
the effectiveness of governance committees, risk oversight mechanisms, and
management monitoring activities.

•            Identify
emerging regulatory and industry risks that may impact the Bank's risk profile
and control environment.

5.          Audit
Reporting & Stakeholder Management:

•            Prepare
clear, concise, and risk-focused audit reports highlighting root causes, risk
implications, and actionable recommendations.

•            Present
audit findings and recommendations to senior management and relevant governance
committees.

•            Engage
with stakeholders to discuss audit observations, agree corrective actions, and
monitor implementation progress.

•            Engage
with regulators, external auditors, and senior stakeholders on matters relating
to IFRS 9 provisioning, ECL model risk, stress testing, capital adequacy, and
prudential regulatory expectations.

•            Follow up
on outstanding audit findings and validate the effectiveness of remediation
actions.

6.          Continuous
Improvement & Subject Matter Expertise:

•            Act as a
subject matter expert on risk management, lending activities, and corporate
banking audits.

•            Lead and
oversee audits and independent reviews of IFRS 9, Expected Credit Loss (ECL),
and ICAAP frameworks, providing assurance over methodology design, governance,
controls, regulatory compliance, and effectiveness of implementation.

•            Challenge
and assess the appropriateness of ECL models, staging approaches, macroeconomic
scenarios, stress-testing methodologies, and capital adequacy assessments,
ensuring alignment with regulatory and accounting requirements.

•            Support
the development of the annual audit plan through risk assessments and audit
universe reviews.

•            Contributes
to the enhancement of audit methodologies, tools, and data analytics
capabilities.

•            Stay
current with developments in risk management, banking regulations, audit
standards, and industry best practices.

Process Innovation, Automation & Digitalization:

•            Drive
continuous process improvement through innovative, automated, and digital
solutions once required

Business Control & Governance

•            Ensure
adherence to the bank's policies, regulatory requirements, and industry
standards in all operational activities.

Self/People Development & Continuous Learning:

•            Continually
update oneself through knowledge acquisition, on-the-job training, or project
involvement; advocate and support others to do the same.

•            Lead,
coach, and develop audit teams, ensuring high-quality delivery of complex
audits and reviews across Corporate & SME banking and Enterprise risk
management.

·