About this role
Retail Lending Audit – Team Member
Requisition Number:- 253696
Location: Mumbai
About the Role
Retail Lending Audit provides an opportunity to gain end-to-end exposure to retail and commercial lending businesses while strengthening capabilities in risk management, governance, controls, and regulatory compliance. The role involves reviewing key lending processes, identifying risks and control gaps, assessing adherence to policies and regulations, and partnering with stakeholders to strengthen the control environment.
Location
Key Role & Responsibilities
- Participate in audits across Retail and Commercial Lending businesses, including Mortgages, LAP, Working Capital, Personal Loans, Commercial Vehicles, Construction Equipment, Agri SME, Gold Loans, and related portfolios
- Review lending processes across sourcing, credit underwriting, operations, disbursement, collections, and customer servicing
- Assess adherence to internal policies, regulatory requirements, delegated authorities, and operational controls
- Identify process gaps, operational risks, compliance issues, and opportunities for process improvement
- Analyse exceptions, control breaches, and emerging risk themes through data-driven reviews.
- Engage with business and support functions to discuss observations and drive corrective actions
- Contribute to strengthening governance, risk management, and control frameworks across lending businesses.
Skills That Will Help You Succeed
- Understanding of lending products, credit processes, and customer lifecycle management
- Risk assessment and control mindset
- Knowledge of lending policies, regulatory requirements, and governance processes
- Experience in exception management, process reviews, or control monitoring
- Analytical thinking and problem-solving capability
- Stakeholder management and communication skills
- Ability to identify process improvement opportunities
- Data analysis and reporting (Excel, Power BI, MIS)
Employees with experience in lending businesses, credit, operations, collections, risk, RCU, governance, or control functions will be well positioned to succeed in this role.
If you are passionate about understanding how lending businesses operate, strengthening controls, managing risks, and building a career in Audit, Risk, and Governance, we encourage you to apply through Assurance Next.