• To monitor the loan quality and repayment capacity
• To monitor the loan utilization of LOLC Myanmar’ clients.
• To monitor the violation of process / guidelines
• To investigate the overdue and write off contracts
1. Visiting clients who have been granted Credit facilities
a. Re-checking the funds being utilized as per the Loan Purpose mentioned in application.
b. Re-checking a proper credit evaluation being carried out.
c. Re-checking of business & income of the clients / guarantors as per the credit file.
d. Ascertain the disbursed loan amounts are reasonable & monthly repayment within the client’s income level.
e. Verifying any amendments / changes / corrections in Loan Agreement.
f. Verifying the Guarantors being educated on the loan agreement & they are strong enough to sign as guarantors.

2. Checking the approved & Disbursed credit files to verify that all guidelines are adhered by all parties.
a. (CO / BDO / FAO / AFAO / Supervisor / ABM / BM / LPDE / AM / RM)

3. Checking the credit files to verify all documents are in order.

4. IF required to talk to CO / BDO / FAO / AFAO / Supervisor / ABM / BM / LPDE / AM / RM to obtain clarifications / details related to clients & guarantors.
5. Any violation of process / guidelines need to be informed to Functional superior (Manager Audit) for necessary action.

6. Any credit risk / repayment risk / funding to unethical business activities to be identified & informed to Functional superior (Manager Audit) for necessary action.

7. Investigating Overdue & Written-off contracts and submit reports to the Functional Superior (Manager Audit) for necessary action.

8. Any violation / Risk need to be informed to Head of the Unit as soon as possible to take necessary action through the Functional Superior.

Based on the requirements of Internal Audit Department (example, Clients Drop Out Survey, special monitoring if needed)
Any graduate, at least 2 years experience in banking or Micro-finance Institution