Job Description
Specialist, Credit Approval (Business Banking)-(WD4+344)
Risk Management Group works closely with our business partners to manage the bank's risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure
Job Purpose
• To provide credit support to the Credit Approvers in implementing the policy and strategy agreed for SME segment for northern region.
• To assist the Credit Approvers in establishing credit controls and procedures for SME branches in northern region and also help the Business Lines grow, such that the business runs seamlessly, within target NPL.
• To actively evaluate lending proposals for IBG 4 customers of northern region including financial position assessment, industry position and position of the corporate and hold promoter meeting, whenever possible.
• Approve judiciously as and when DOA is granted
Key Accountabilities :
• To use credit analysis techniques, which highlight all significant risks in relation to a lending proposition, for evaluation and recommendation of the proposals in the areas of SME.
• To have a sound knowledge of the Indian market in terms of risks associated with industries, companies and products.
• To apply knowledge of RBI Regulations/ MAS Guidelines that govern credit dispensation, including the Loan Grading, Provisioning and Asset Classification regulations.
• To have a working knowledge of the general Legal framework in which the bank operates in India and apply the same.
Job Duties and Responsibilities :
• Review of credit proposals originating from northern region to highlight info gaps, key risk issues not adequately addressed
• Portfolio monitoring / tracking & escalation of adverse new events in company / industry.
• Keeping track of delinquency levels in portfolio and ensuring that requisite follow up is being done with front end /borrower, wherever needed to ensure that overdues are regularised in a time bound manner.
• Ensure meticulous compliance with Bank's internal credit policy as well as regulatory guidelines for the Enterprise Banking segment.
• Ensure compliance with the benchmark Turnaround Time
Experience :
6 to 8 years of experience in Banking (preferably SME or credit department) / Credit Rating.
Education/Preferred Qualifications
Professional qualification or post graduate degree, preferably in business, accountancy, economics, finance etc.
Core Competencies (State the qualities, skills, behaviours and attitudes that the incumbent must possess in order to perform the responsibilities of this position.)
• Good analytical skills
• Good presentation skills
• Good interpersonal skills
• Good knowledge of industries/sectors
Technical Competencies
• Sound knowledge of financial statement analysis and accounting policies/practices.
• Good knowledge of credit evaluation methods, tools & techniques
• Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India), MAS and local laws and regulations that impact businesses in general.
• Knowledge of corporate banking products
• Knowledge of SME market, esp in north and preferably should have had approval authority in his / her previous assignments.
Work Relationship
Interaction and good working relationship with Relationship team, CCU, other product teams (GTS, T&M etc), RBI inspectors, regulators and other Vendors
Risk Management Group works closely with our business partners to manage the bank's risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure
Job Purpose
• To provide credit support to the Credit Approvers in implementing the policy and strategy agreed for SME segment for northern region.
• To assist the Credit Approvers in establishing credit controls and procedures for SME branches in northern region and also help the Business Lines grow, such that the business runs seamlessly, within target NPL.
• To actively evaluate lending proposals for IBG 4 customers of northern region including financial position assessment, industry position and position of the corporate and hold promoter meeting, whenever possible.
• Approve judiciously as and when DOA is granted
Key Accountabilities :
• To use credit analysis techniques, which highlight all significant risks in relation to a lending proposition, for evaluation and recommendation of the proposals in the areas of SME.
• To have a sound knowledge of the Indian market in terms of risks associated with industries, companies and products.
• To apply knowledge of RBI Regulations/ MAS Guidelines that govern credit dispensation, including the Loan Grading, Provisioning and Asset Classification regulations.
• To have a working knowledge of the general Legal framework in which the bank operates in India and apply the same.
Job Duties and Responsibilities :
• Review of credit proposals originating from northern region to highlight info gaps, key risk issues not adequately addressed
• Portfolio monitoring / tracking & escalation of adverse new events in company / industry.
• Keeping track of delinquency levels in portfolio and ensuring that requisite follow up is being done with front end /borrower, wherever needed to ensure that overdues are regularised in a time bound manner.
• Ensure meticulous compliance with Bank's internal credit policy as well as regulatory guidelines for the Enterprise Banking segment.
• Ensure compliance with the benchmark Turnaround Time
Experience :
6 to 8 years of experience in Banking (preferably SME or credit department) / Credit Rating.
Education/Preferred Qualifications
Professional qualification or post graduate degree, preferably in business, accountancy, economics, finance etc.
Core Competencies (State the qualities, skills, behaviours and attitudes that the incumbent must possess in order to perform the responsibilities of this position.)
• Good analytical skills
• Good presentation skills
• Good interpersonal skills
• Good knowledge of industries/sectors
Technical Competencies
• Sound knowledge of financial statement analysis and accounting policies/practices.
• Good knowledge of credit evaluation methods, tools & techniques
• Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India), MAS and local laws and regulations that impact businesses in general.
• Knowledge of corporate banking products
• Knowledge of SME market, esp in north and preferably should have had approval authority in his / her previous assignments.
Work Relationship
Interaction and good working relationship with Relationship team, CCU, other product teams (GTS, T&M etc), RBI inspectors, regulators and other Vendors
💡 Quick Summary
Seeking a career-building opportunity? The Specialist| Credit Approval position is now open for candidates interested in the Bank Jobs sector. This role in New Delhi, offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
