Manager/Senior Manager- Portfolio Credit Risk Management
4 days ago
Objective (Purpose of the Job)
The incumbent will be a part of Risk Management Function in Portfolio Management Department with focus on Credit Risk Management.
Key Responsibilities
- Assist in managing the Company's ECL estimation process, including credit risk (impairment) models.
- Review and validate output from facility grading models, ensuring accuracy in financial statements.
- Work with Finance, Risk, Credit, Research, and IT teams to gather key credit and financial data.
- Operate ECL models and generate impairment figures for inclusion in: Monthly, Quarterly, and Annual Financial Reports, Budgets and Forecasts, and Investor Updates
- Provide technical guidance on IFRS-compliant credit impairment calculations.
- Ensure that financial statements meet regulatory and audit requirements.
- Work with the Head of Risk to prepare management commentaries on credit risk performance.
- Monitor and improve ECL models to reflect changes in risk exposure.
- Maintain strong interactions with Credit Risk, Treasury, Banking Operations, and IT teams.
- Support the enhancement of ECL models to align with evolving market and regulatory requirements.
- Ensure that financial risk assessments align with the Bank's strategic objectives.
Required Skills:
- 4+ years of relevant experience.
- Updated on RBI guidelines for NBFC's
- Strong background in IFRS 9 impairment accounting
- Strong understanding of Credit Risk Life Cycle and Delinquency Management
- Hands on experience with SQL and Advance excel.
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