Z-1519 | Senior Executive/ Deputy/Assistant Manager - Audit

Candidate with audit background in NBFC / Vehicle Finance industry preferred.

Areas to be checked:

• Sales: Direct v/s DSA, meet dealership, broker, dealer executive to understand any issues, discuss non-starter, infant delinquency, RC pendency with sales as well as dealer executive, dealership, locate repeated problematic cases/ delays to sales executive & if need be blacklist SE
• Collection: cross check inputs for non-starter, ID from sales team with collection team, visit few cases with BM for > 6 months DPD's. Restructure/Settlement cases should be verified. Call centre responses must be cross verified with branch responses. Sales, collection, call center & legal team must work in coordination.
• Legal: Check if timelines for sending notices are adhered & appropriate actions/followup are taken. Ensure coordination between Collection & legal team. Check if timely cheque bouncing cases are filed.
• Repossession: Check if vehicle are repossessed as per policy, undertake yard visit, tally inventory
• Repo Sale: Check if repo- sales are done according to policy, calculate average days/ turnover
• Credit- Assessment: Check if cases are assessed as per policy, deviations are captured as per policy & approved by appropriate authority
• Credit- Operations: Ensure KYC compliance, completed files to be sent in a timely manner to HO
• PDD: Trace the issue of PDD to SE, Broker, Dealership. Blacklist repeat offenders. Hold incentives, payouts.
• Employee discipline: Take actual in-time, out-time as per bio-metric & inquire into any inconsistencies vs HR attendence regularisation, check if dress code/ professional image is being followed, ID's being worn
• Fixed Assets: Check if multiple quotations are obtained, Check sanction authority, vouch against bill, Tally FA with FA register, check for any O/S payment
• Expenses: Check sanction authority, vouch against bill, Check stationery register for inward-outward records, check for any O/S payment, Obtain classification of expenses (eg elec, telephone, stationery etc) & assess appropriateness etc
• Other Compliances- Various registers being maintained as per law (labour laws, RBI complaint register etc), other RBI mandated compliances being followed in terms of notice board, certificates to be displayed etc, fire compliances, local municipal laws, shops & establishment lisc etc