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Job Description – Risk Rating Unit Role Team Member – Risk Rating & Compliance Role objective Centralized unit independently validating the ratings for corporate, SME, business banking, NBFC, MFIs, brokers, bank clients across the bank Reporting Authority Sr. Team Member Education CA/ MBA/ CFA or equivalent from reputed institute Experience 4-8 yrs of post qualification experience preferably in business, credit function of Bank/ NBFC Job Description Internal rating validation for corporate, SME, business banking, NBFC, MFI, broker, bank clients across the bank. Key activities include Detailed review and understanding of credit (industry, business, financials, management), credit ratings Preparation of rating rationale along with rationale for any changes in risk scores Review deviations to the credit policy of the Bank Recommendations/comments on all proposals placed to Board level credit committee with respect to policy compliance/ portfolio risk/ industry prospects etc Approve judgemental rating action proposed as per delegation matrix Decision making along with the stakeholders (Credit/ Business) Effective interaction with business/credit groups across Large Corporates/ Emerging Local Corporates/ NBFC/ Brokers/ MFI/ Projects/ Small, Micro Enterprises/ Business Banking Effective resolution of internal audit/ external audit/ RBI queries Review and recommend on classification of Borrowers under Financial Difficulty Periodic review and updation of industry risk scores including addition of new industries as deemed appropriate. Track latest industry developments by participation in seminars, conferences and client site visits, interactions with clients, rating agencies, industry database providers, Benchmarking of companies within sectors Define and facilitate the achievement of goals and key performance indicators for direct reports and ensures effective implementation of the performance management process in the division. Nurture talent within the team by providing guidance, ongoing feedback, coaching and development opportunities to individuals to enable achievement of the defined goals. Develop and nurture a continuous talent pipeline for key roles in the division and provides mentoring for high potential talent in the organization Ensure adherence to process and ability to work within pre-decided TAT Skill Sets Functional Strong understanding of finance and accounting concepts Ability to identify key characteristics and drivers of diverse sectors/ businesses Knowledge of risk assessment and control Soft skills Good negotiation skills Sharp communication and presentation skills Team player Fosters a culture of quality focus in the organization by establishing systems/ processes and encouraging, rewarding the right behavior Fosters a culture of continuous process improvement and makes balanced investments in the right resources (technology/people) for enhancing efficiency and productivity Show more Show less
