Manager

Description: The role entails being a team player in the Early Warning Signals (EWS) monitoring team at the Bank to undertake implementation/enhancement of the EWS framework across various offerings. The team engages with different verticals such as Corporate, Commercial and Business Banking Business and Credit verticals towards effective workflow management and for enhancing efficiency of the EWS monitoring activities. The most important remit of the Early Warning Systems team is to run approved processes and engage with various teams at the Bank to identify incipient signs stress in the corporate and business banking portfolio and identify potential red flagged accounts by proactively monitoring EWS alerts.

The team members closely collaborate with the EWS Systems vendor and with internal teams at the Bank, including the SDG and technology teams, to ensure efficacy of the EWS/RFA processes. The member is also expected to undertake back testing and validation of EWS Alerts/framework.

Primary Responsibilities:

1. Analysis and validation of correctness/relevance of EWS alerts based on closely tracking such Alerts for borrowers and portfolios in the EWS System
2. Analysis and identification borrowers at the Bank that need to be watch listed and for identifying potential Red Flag Accounts, engage with business and credit teams, putting together presentations to internal committees and summarising the deliberations thereof, through minutes of meetings
3. Tracking of cases generated in the EWS case management portal and contribute to tracking them to closure within TAT by engaging with business and credit teams
4. Executing checklists to ensure effective EWS system functioning and highlighting any issues in the production environment
5. Undertake UAT of any bug fixes, enhancements and refinements, obtain necessary internal stakeholder buy-ins and facilitate deployment in production
6. Enhancements to and refinement of alert definitions, implementation rationale and thresholds in the alert library to ensure relevance and purposefulness of alerts in decision making by the top management
7. Tracking of exposures and generating list of counterparties to be monitored in the EWS system for monitoring based on exposures, on an ongoing basis to ensure the monitored list stays current
8. Supervision and tracking of generation and maintenance of Customer-Official mappings and of periodically updates to them to ensure the mapping stays current
9. Keep tab of and assess the extent of adherence to TAT by RMs/Credit Analysts on various EWS exercises and highlight to top management, any deviations observed in actioning by users w.r.t data/alerts/feedback/timelines
10. Contributing in further refinement of the design/construct of analytical framework underpinning the EWS platform and of the case management design to enhance user acceptance of the EWS System
11. Solicit and receive feedback from Business and credit teams to validate relevance, accuracy and correctness of alerts particularly, the public signals based ones
12. Maintain documents/records towards effective engagement for regulatory and statutory audit exercises
13. Be abreast of regulatory guidelines and master circulars in risk management

Following attributes would be highly desired:

1. CA/MBA from an institute of repute
2. The ideal candidate would have hands on experience in Corporate Credit Risk Analysis preferably with minimum 5 years’ experience evaluating Real Estate/Infrastructure/Large Corp/Mid Corp/MSME/Business & Agri Banking segments together with integrated evaluation of EWS Signals for recommendation of weak accounts /RFA tags
3. Conversant with risk policies, a fair understanding of the regulatory framework in which the Banks’ in India operate, ability to comprehend and analyse complex financial statements, perusing proposal notes, analysing large volumes of data and bringing an analytical orientation in generating and presenting key insights of borrowers/segments to the top management
4. A team player who can communicate cogently, work under pressure, quickly assimilate & learn by employing a collaborative approach to getting things done
5. Resourceful, self-driven and ability to engage/co-ordinate with multiple teams across the Bank in accomplishing the teams’ tasks efficiently