HDFC Bank New Job: Apply for Manager Audit Post

Position: Manager, Audit & Regulatory Compliance – Credit Risk
Location: Mumbai
Experience: 10 to 15 years
Education: Chartered Accountant

Job Description: Manager, Audit & Regulatory Compliance – Credit Risk

Qualifications: Chartered Accountant with 10 to 15 years of experience in Credit Risk within a Financial Institution/Bank, specializing in ECL matters under IFRS 9, regulatory reporting (NHB/RBI), and interactions with auditors/regulators.

Key Responsibilities:

• Model & Tool Development: Assist in creating models and tools for estimating loan collectability, loss, and Defaults in line with Indian Accounting Standards (IndAS).
• NPA Computation & Regulatory Reporting: Handle calculations for NPAs, provisioning, and reporting requirements.
• Regulatory Compliance: Interpret and apply RBI/NHB circulars, ensuring compliance in regulatory reports.
• System Automation: Work closely with the IT team to automate systems for calculating Expected Credit Loss, Loss Given Default, and Probability of Default under IndAS 109.
• Internal Controls & Audits: Collaborate with internal departments and auditors on control testing and audits.