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Team Member – Risk Rating & Compliance

Team Member – Risk Rating & Compliance

ConfidentialMumbai City, Navi Mumbai, Mumbai
19 hours ago
Job description

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, and Bank Clients across the Bank.

Reporting Authority : Head – Risk Rating Unit

Education :

  • CA / MBA / CFA or equivalent from reputed institute

Experience :

  • 8 years of post-qualification experience preferably in Business or Credit Function of Bank / NBFC
  • Job Description :

  • Internal rating validation for Corporate, SME, Business Banking, NBFC, MFI, Broker, and Bank Clients across the bank. Key activities include :
  • Detailed review and understanding of credit (industry, business, financials, management) and 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, and industry prospects
  • 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, and Business Banking
  • Effective resolution of Internal Audit, External Audit, and RBI Queries
  • 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
  • Benchmarking of companies within sectors
  • Define and facilitate the achievement of Goals and Key Performance Indicators for direct reports and ensure effective implementation of the Performance Management Process
  • Nurture talent within the team by providing Guidance, Ongoing Feedback, Coaching, and Development Opportunities
  • Develop and nurture a Continuous Talent Pipeline for key roles in the division and provide mentoring for High Potential Talent
  • 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
  • Education

    Master OF Business Administration (M.B.A), Chartered Accountancy (C.A)

    Skills Required

    Compliance, Credit Risk, Financial Analysis

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    Risk Compliance • Mumbai City, Navi Mumbai, Mumbai

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