Senior Analyst / Lead Analyst - Credit Risk Review

Job title

Senior Analyst / Lead Analyst

Location

Bangalore/Pune/Mumbai/Gurgaon/Chennai

Experience

Experience in credit risk, with good domain understanding of wholesale credit risk

Job duties

Support the Risk team of global banks in credit risk review/Quality Assurance program, requires strong credit domain and sector expertise as well as understanding of bank’s policies and procedures

• Develop and obtain approval for monthly/quarterly review plans in line with bank’s risk review program standards, ensuring adequate coverage of key credit assessment processes, and governance activities for portfolios
• Develop review templates/test scripts leveraging domain expertise across Corporates (including leveraged lending portfolio, Hedge Funds, Private Equity, Real Estate, SPVs / Special Assets etc). 
• Execute reviews and perform credit quality checks encompassing the following:
  • Planning, execution, and reporting reviews including recommendation.  Review procedures will include assessing the:

• • Accuracy of input data (critical data points) as applicable for the business line
  • Completeness of all steps, information and processes required for credit risk assessment
  • Adherence to applicable bank policies and critical procedures for credit reviews
• Ensure completion of reviews as per the approved monthly/quarterly review plan, including preparation of quarterly summary outlining the observations from the review exercise
• Produce actionable insights or corrective action for improvement of the risk review program basis the monthly/quarterly summary
• Update review templates/test scripts to align with evolving credit risk policies and processes and regulatory environment

Qualification

CA (preferred)/MBA Finance

Skills required

• 5-8 years of work experience of which 3-4 years preferably in quality control / quality assurance /Audit, including exposure in wholesale banking credit operations, internal audit, credit risk, loan review or quality assurance review function at an investment or large commercial bank
• Understanding of key counterparty credit risk themes such as Stress testing, Early warning indicators, Wrong way risk, exposure modelling including PFE, collateral (full understanding of ISDA / CSA protocols and complexities) and margining processes including key regulations.
• Understanding of risk management and controls frameworks related to counterparty credit risk management or another financial risk discipline.
• Exposure to Market Risk and Credit Risk products such as Interest Rate, Equity, Collective Investment
• Understanding Foreign Exchange (FX), Securities Financing Transaction, Derivatives position (Standard approach and Internal Model), Loans and Off-balance sheet items would be an added advantage
• Ability to understand and track implementation of organizational policies and regulatory requirements
• knowledge and experience in designing and implementing robust Quality Assurance/control framework
• High level of attention to detail and accuracy; Diligence and hard work