Risk Rating Unit - Manager / Sr. Manager

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

o Detailed review and understanding of credit (industry, business, financials, management), credit ratings

o Preparation of rating rationale along with rationale for any changes in risk scores

o Review deviations to the credit policy of the Bank o Recommendations / comments on all proposals placed to Board level credit committee with respect to policy compliance / portfolio risk / industry prospects etc

o Approve judgmental rating action proposed as per delegation matrix o Decision making along with the stakeholders (Credit / Business)

o Effective interaction with business / credit groups across Large Corporates / Emerging Local Corporates / NBFC / Brokers / MFI / Projects / Small, Micro Enterprises / Business Banking o 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