Credit Risk Contract recruitment
The role required to provide independent credit appraisal of business proposals within specified turn around time (TAT). This involves going through the business proposals and secondary research reports (including external rating rationales, equity reports etc), interaction with business group and senior management of client companies to understand their business and financial profile, having discussions with internal corporate legal team pertaining to transaction structure and potential legal issues, interacting with the global credit risk team in India and finally assigning a credit rating.
Areas of Responsibility
- Revert to the corporate business group with queries on the proposal note within 2 working days. Ensure all major queries are sorted out prior to the case being discussed at the relevant committee.
- Documentation of proposal related information to be in conformity with requirements as set out by the Bank
- Risk analysis of specific transactions and preparation of rating rationales
- Articulate key credit issues at credit committees. Disseminate key risk issues and relevant recommendations for risk mitigation through ‘rating rationales’ to the ECRC BCC members.
- Maintain physical and electronic documentation of all proposal related information.
- Assist in reviewing existing policies and introducing new ones
- Review of existing client exposures. Active monitoring of key clients/large exposures and exposures to specific products
- Develop and review frameworks for assessment of different types of lending transactions.
- Check irregular activity report and take appropriate action on delayed credits
- Check monthly/quarterly portfolio review reports
- Keep abreast of key news items pertaining to clients especially large and critical clients
- Fielding queries from internal and external auditors.
- Monitoring and performance review of existing portfolio
- Assist in the development and implementation of robust credit risk management systems, procedures and controls with the objective of identifying, measuring, monitoring and mitigating the key credit risks facing the Bank. Strive to incorporate world class risk management capabilities using best practices followed in the industry.
- Policy related work, improvement of risk management processes, procedures and controls
- Setting up and monitoring and the adherence to various credit limits set by the bank. Ensure proper reporting of portfolio highlights to the management through preparation and presentation of Key Risk Indicators.
- Assist in review and updating of the bank’s credit risk management policy (CRMP) document keeping in mind the changes in bank’s business profile, internal systems and processes and regulatory requirements.
- Ensure compliance to Basel-II norms applicable to bank with respect to credit risk.
- Visit clients as part of the credit assessment process where necessary
- To undertake projects and assignment from time to time as directed by Supervisor
For more information, or to apply for this role please contact Razzaq Alam on 0203 589 9275 or email razzaq.alam@jcwresourcing.com