Senior Associate, Credit Approval, Risk Management Group

Job Purpose and Requirements

• To provide credit support to the Credit Approvers in implementing the policy and strategy agreed for SME segment.

• To assist the Credit Approvers in establishing credit controls and procedures for SME branches and help the Business Lines grow, such that the business runs seamlessly, within target NPL.

• To actively evaluate lending proposals for IBG 4 customers based on bank statement analysis

• Approve judiciously as and when DOA is granted

Key Accountabilities

• 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.

Job Duties and Requirements

• Review of credit proposals originating from PAN India and 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 Banks internal credit policy as well as regulatory guidelines for the SME segment.

• Ensure compliance with the benchmark Turnaround Time

Experience

• 5 to 7 years of work experience in Banking (preferably SME or credit department) / Credit Rating.

Education

Professional qualification or post graduate degree, preferably in business, accountancy, economics, finance etc.

Core Competencies

• 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 including surrogate means of credit evaluation (like bank statement/GST based evaluation), 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 and preferably should have had approval authority in previous assignments /0rganisation

Location

Mumbai

Job

Risk Management

Schedule

Regular

Employee Status

Full time