Job Description
The Bank has a separate Coverage and Credit vertical for dealing with large corporates. All the credit proposals originating from the coverage team requires independent vetting and sign off from the credit team. Therefore, the underlying role is of utmost importance in deciding the right credit and take the right decisions.
Key Responsibilities
· Analyze the overall risk profile of corporates including financial risk, business risk and management risk.
· Provide quality analysis compliant with RBI and the Bank's internal policy guidelines to lead to a conclusive decision making.
· Take responsible credit decisions as a part of the sanctioning authority.
· Monitor and manage key trends for a designated portfolio, changes in the borrower's operating framework, economic developments as well as financial parameters of clients.
· Ensure the delinquency levels for the designated portfolio to the minimal.
· Identify potential early warning signals and pro-actively taking corrective steps to ensure that the Bank's interest is protected.
· Ensure that the cases are turn around strictly as per the expected timelines.
· Frequently interact with the company officials and liasoning with rating agencies to keep an update on the latest developments.
· Gather market intelligence with other banks/ financial institutions and entities to understand the market dynamics and risk trends.
· Liason with various internal departments viz. Coverage, Risk, Compliance, Audit and Operations for effective management of portfolio.
· Interact with the regulator and statutory auditors for the designated portfolio.
Qualifications:
Optimal qualification for success on the job is:
· Chartered Accountant or MBA from a reputed institute
· Experience: 10-15 years
Role Proficiencies:
For successful execution of the job, the candidate should possess the following:
· Knowledge of risks involved with an underlying credit decisions, latest RBI guidelines and updates in the accounting standards
· Knowledge of relevant IT systems including NDS, Finacle etc
· Good communication (both verbal and written) and inter-personal skills
· Strong Excel and database manipulation skills, financial and statistical analysis skills
· Ability to work effectively across functions
· Ability to prioritize and make decisions in a fast-paced environment
· Ability to work as a part of team and contribute towards team goals
· Ability to work effectively across functions and demonstrated ability to coach and mentor others
· Ability to manage multiple tasks/projects and deadlines simultaneously
Key Responsibilities
· Analyze the overall risk profile of corporates including financial risk, business risk and management risk.
· Provide quality analysis compliant with RBI and the Bank's internal policy guidelines to lead to a conclusive decision making.
· Take responsible credit decisions as a part of the sanctioning authority.
· Monitor and manage key trends for a designated portfolio, changes in the borrower's operating framework, economic developments as well as financial parameters of clients.
· Ensure the delinquency levels for the designated portfolio to the minimal.
· Identify potential early warning signals and pro-actively taking corrective steps to ensure that the Bank's interest is protected.
· Ensure that the cases are turn around strictly as per the expected timelines.
· Frequently interact with the company officials and liasoning with rating agencies to keep an update on the latest developments.
· Gather market intelligence with other banks/ financial institutions and entities to understand the market dynamics and risk trends.
· Liason with various internal departments viz. Coverage, Risk, Compliance, Audit and Operations for effective management of portfolio.
· Interact with the regulator and statutory auditors for the designated portfolio.
Qualifications:
Optimal qualification for success on the job is:
· Chartered Accountant or MBA from a reputed institute
· Experience: 10-15 years
Role Proficiencies:
For successful execution of the job, the candidate should possess the following:
· Knowledge of risks involved with an underlying credit decisions, latest RBI guidelines and updates in the accounting standards
· Knowledge of relevant IT systems including NDS, Finacle etc
· Good communication (both verbal and written) and inter-personal skills
· Strong Excel and database manipulation skills, financial and statistical analysis skills
· Ability to work effectively across functions
· Ability to prioritize and make decisions in a fast-paced environment
· Ability to work as a part of team and contribute towards team goals
· Ability to work effectively across functions and demonstrated ability to coach and mentor others
· Ability to manage multiple tasks/projects and deadlines simultaneously
💡 Quick Summary
Seeking a career-building opportunity? The WCLC|Credit Specialist position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.
