Assistant Manager- Credit Risk

Job Details

Job purpose

  • Credit Risk Underwriting of Corporate borrowers
  • Credit Monitoring / Asset Quality management
  • Risk Management Reporting for Regulatory Compliance and Governance

Key accountabilities

  • Conduct comprehensive review / credit risk assessment of corporate borrowers (Wholesale Banking) and finalize Risk Review for onward submission to Approver / Committee. This includes renewals, enhancement, NTB & amendments.
  • Conduct Risk Ratings of Corporate borrowers in Banks’ internal rating model based on financial & subjective assessment
  • Timely follow up on excess, past dues, and covenants.
  • Identifying early warning signs & managing stressed accounts, advising appropriate measures to avoid probable slippages.
  • Monitoring of concentration limits, risk appetite parameters, GICS data
  • Manage the Watchlist process
  • Generate monthly credit portfolio report from system
  • Generate daily excess / past due report, weekly report for management reporting & consolidated report for portfolio monitoring
  • MIS reporting of Risk Data for various stakeholders including Risk Management, BRF, Board Risk Committee, External Auditors, Board Management Committee
  • Maintain inventory of covenants / exceptions. Follow up of expired / overdue covenants for breaches & management reporting

Education: Bachelor or equivalent with background in Finance / Accounting

Experience: Min. 5 years’ experience in Credit Analysis & Risk Management Reporting Function of a bank

Desired Knowledge / Skill Set:

  • Thorough Understanding of Corporate Credit Risk & Financial statement analysis
  • Hands on with MS Office Suite (must be proficient & comfortable with working in MS Excel) and Productivity tools
  • Proficient in using Banking software and databases like Finacle, Kepler, CRISIL ICON
  • Knowledge of Risk Management frameworks, practices, process, standards, system and methods
  • Understanding of corporate banking products and services
  • Strong time management skills and ability to work effectively as a team