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You will be updated with latest job alerts via emailHiring for a leading Bank for Mumbai Location
Job Purpose
To assess, evaluate and review credit proposals as a first level officer for the CBG/ ECG deals which is referred to wholesale credit involving various products like Term Loans, Trade Finance, CC, ODs and PSR
Complete ownership of assigned portfolio of accounts including regular monitoring, early warning identifications, deferral tracking and working on appropriate account strategy in conjunction with Business and Credit teams in line with the banks' risk appetite
Job Responsibilities(JR) : 6 8 Areas
Actionable (4-6)
Appraisal of Proposal
Review credit proposals (CAMs/ Interim CAMS) submitted by business on assigned set of accounts and assess the risk involved
To convey a clear opinion regarding the feasibility of the proposed transaction/ proposed facilities, from risk point of view, covering business model, industry risk, structure, financial risk
Awareness of the product proposed and suitability to the client needs
Maintaining Complete / accurate CAM's / Coverage and Intensity of Diligence & Adherence to Credit Policy and extant regulatory guidelines
Portfolio Monitoring
Ongoing monitoring of accounts including tracking developments in the industry and the account to identify stresses early and work with business and risk teams in devising appropriate mitigation strategies wherever Advanced detection before SMA / Rating downgrade / default
Focused house keeping which involves follow up on clearing deferrals/ overdue/delays appearing in daily MIS circulated by Operations
To identify and closely monitor accounts which are in stress, in order to devise and implement account strategy
Appropriate level of client calling to develop strong understanding of client business and industry dynamics
TAT
Maintaining the defined credit and End to End TATs so as to better service both internal as well as external
Innovation
Thinking, evolving and making significant changes in the processes, techniques, methods so as to save time, energy and
Any other assignments depending on the needs of the organization
Collaboration with stakeholders
To interact with the relationship managers pro-actively to assess the main risks and propose mitigants, various stages of credit
Suggesting policy changes or developments,
Engaging with Credit Administration ( operations team ), Legal, Audit, Compliance, IT and other stakeholders as appropriate for all credit
Skills :
Full Time