Credit Manager-FI Risk

Job Requirements

Role/Job Title: Credit Manager-FI RiskBusiness: Wholesale BankingFunction/ Department: Wholesale Banking RiskPlace of work: Mumbai

Job Purpose

The role holder has the responsibility to administer bank's lending process, from evaluating clients’ creditworthiness to approving or rejecting loan requests. It entails the responsibility of creating credit scoring models, setting loan terms and determining interest rates. The role holder has to partner with credit systems support team to implement key credit policy criteria in relevant credit acceptance & evaluation systems.

Roles & Responsibilities

'-Facilitate regular asset quality reviews with provision of analytics insights to identify risks/ opportunities and recommend relevant actions'-Research and evaluate clients’ creditworthiness'-Approve or reject loan requests, based on credibility and potential revenues and losses'-Calculate and set interest rates, negotiate loan terms with clients'-Ensure credit policies and program risk acceptance criteria are reviewed regularly, with timely updates for proactive adaptation to changes in legal /regulatory requirements, business strategies, market environment or portfolio performance'-Develop, review and update bank’s credit policies'-Follow up with clients to manage debt settlements and loan renewals'-Create credit scoring models for risk assessment'-Assure adherence to the guidelines set by the bank'-Maintaining records of all bank loans, monitor loan payments and bad debts.'-Analysis of portfolio and ensuring Portfolio monitoring, trigger reviews & delinquency control'-Capture and share best- practice knowledge amongst the team

Secondary Responsibilities

''-Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high quality customer service'-Leverage in-house synergies through collaboration with internal stakeholders

Managerial & Leadership Responsibilities

'- Attract and retain best-in-class talent for key roles in their reporting structure

Key Success Metrics

'Portfolio Quality