Conduct analytical testing of the performance of the bank’s collateral (accounts receivable) as well as verify the status and timing of: cash receipts, accounts payable and statutory obligations (tax and superannuation)
Detect and investigate issues of non compliance / other factors which may result in increased risk to the Bank
Where appropriate, educate customer personnel of WIF product requirements and operating procedures
Minimise time spent at customer premises without compromise on quality of the review
The Auditor position provides a key risk mitigation function for Credit Operations.
The Audit function involves a review of source documents at the customers’ premises to ensure that all aspects relating to the conduct of the facility are in accordance with documented procedural requirements. The audit also confirms that information provided to the client is timely and accurate.
In addition to the risk management aspect of the role, the auditor also provides targeted training to customer personnel in respect to identified areas of non compliance.
Document all findings in a timely manner and escalate identified issues to relevant Invoice Finance Credit personnel with recommended risk mitigation strategy
Position reports to Risk Leader, Invoice Finance
Learning and Development (People)
Document personal development plan and identify appropriate training programs. Register for online programs or seek nomination from Risk Leader, Invoice Finance where training is classroom based
You will need –
Training & Accreditation
If this position is of interest please send through CV to email@example.com