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Senior Team Member - Risk Rating Unit

Senior Team Member - Risk Rating Unit

YES BANKRepublic Of India, IN
1 day ago
Job description

Role - Senior 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 Head – Risk Compliance & Ratings

Education CA / MBA / CFA or equivalent from reputed institute

Experience

  • 8-11 yrs of post qualification experience preferably in business, credit function of Bank / NBFC. Must have - Hands-on experience on Project Finance.

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 judgemental 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
  • 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, handling resources
  • 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
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    Team Member • Republic Of India, IN

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