Ujjivan Small Finance Bank | Manager Credit Risk | bangalore

POSITION DESCRIPTION

JOB TITLEManager-Credit RiskGRADEAVP-I

DEPARTMENTRiskLOCATIONHO

SUB-DEPARTMENTCredit RiskTYPE OF POSITIONFull-time

REPORTS TOLead -Credit RiskREPORTING INTONA

ROLE PURPOSE & OBJECTIVETo ensure implementation of the credit risk management policy approved by the Board.To review, monitor and highlight exceptions to Credit Risk related KRIsMonitor credit risks on an SFB wide basis and ensure compliance with the Board approved risk parameters/prudential limits and monitor risk concentrations.Review status of portfolio management, loan review mechanism, risk monitoring and evaluation, regulatory/legal compliance, adequacy of provision, risk concentrations, industry reviews, and suggest corrective measures and activity reviews for credit risk management.Review the performance and effectiveness of the credit scorecards from policy perspective, the need for any adjustments, and placing recommendations before the CROSubmission of Regulatory ReturnsInternal Audit managementEWS MonitoringRFA monitoring to RMCBIndustry reviewsField visitsPreparing CRMC ppt’s and consolidating the CRMC agendaCRMC Minutes maintenance

SIZE OF THE ROLE

FINANCIAL SIZENON-FINANCIAL SIZECAPEX / OPEX Budgets resting with the role:

N/A Total Buying / Procurement:

N/A Total Revenue : N/A Portfolio Managed:

Gross advances as at reporting dateNumber of vendors / consultants:

NILNumber of portfolio products:

7-8Volume of products and services : 7-8Quantity of equipment / stocks / projects / etc.:

NILCredit files received / underwritten:

NILVolume of new hires onboarded:

1-2Volume of recruitment etc:

1-2

KEY DUTIES & RESPONSIBILITIES OF THE ROLEBusiness/ Financials

Credit Risk UnitTo develop credit risk appetite/limits statements with support from Business unitsTo monitor the credit risk parameters and credit exposure / concentration limits set by the SFB’s Board of Directors / Risk Management Committee of the Board/ RegulatorTo lay down credit risk identification systems, monitor quality of portfolio, identify problem credits and undertake asset quality reviews with support from Business units.Implementation of credit scorecards with support from Business units.To analyse early warnings signals in the MSE portfolio, for identification of weak exposures, identify remedial measures in co-ordination with Business units and monitor the actions taken.Responsible for execution of portfolio risk management activities including concentration risk monitoring and stress testing.Responsible for ensuring stringent monitoring and management of specifically assigned problem accounts either independently or in co-ordination with the Business units.Responsible for executing the NPA management strategies in co-ordination with Business units and with support from the Legal departmentMonitor portfolio performance on a quarterly basis or as and when directed by the Board or Committee or Regulator and identify associated credit risksStudy the impact of various stress scenarios on different portfolios to complement the regular risk measurement methodsClassification of SMA and watch-list accounts in co-ordination with Business unitsImplementation of Internal Audit recommendations specific to the credit risk unit.Submission of Regulatory ReturnsInternal Audit managementEWS MonitoringRFA monitoring to RMCBIndustry reviewsField visits

Business Risk unitDevelop a comprehensive risk management framework for assessing, identifying, monitoring and reducing pertinent business risks that could interfere with the bank's objectives and goalsImplement the Credit risk management frameworks under the guidance of CRCO and policies for the BankDrive the communication of all risk related policies, guidelines, latest developments across the bank to facilitate compliance to it.Assess and quantify impact of risks across every vertical (business and functional units)Assess the risk of all new products introduced by the bank, fixing of limits and amendments in the relevant policies.Provide strategic guidance and consultative advice to the businesses within the bank to ensure a consistent approach towards risk management and to enable them to develop appropriate divisional/departmental policies and procedures to reduce risk.Oversee design, development and implementation of risk rating systems and processes for retail and non-retail portfolios in conjunction with the business unitsDirects the risk assessment/compliance as per the risk Appetite and risk limits set by the Board and report key areas of non-compliance to the Board & top management for corrective action as appropriate.Regular review of overall credit portfolio to assess risk quality and recommend risk mitigation measures, if warranted.Review the management of market and liquidity risks and provide inputs to asset liability management committee and recommend suitable risk management measures as requiredAssess the insurance requirements of the bank and arrange appropriate cover for transfer of risks as assessed as appropriate.Assess the security environment and take necessary steps to protect the interests of all stakeholders across both Physical and Information Technology dimensions.

Internal Process

Regular review of overall credit portfolio to assess risk quality and recommend risk mitigation measures, if warranted.Review the management of market and liquidity risks and provide inputs to asset liability management committee and recommend suitable risk management measures as requiredDevelop the fraud risk management framework; periodically monitor fraud risk cases and recommend risk mitigation measures, as required in coordination with the CVOParticipate in scheduled meetings of Risk management Committee (for credit risk, operation risk and market risk), Investment Committee and Asset Liability Management Committee

Learning & Innovation

Provide the risk and compliance staff with sufficient resources, management support and the access required to prevent / detect compliance issues / breachesMaintain current knowledge of laws and regulations, keeping abreast of the most recent developments in regulations, notifications and circulars and disseminate the information regarding new regulatory developmentsDevelop, coordinate and impart a multifaceted educational and training program that focuses on the elements of the compliance program, and seeks to ensure awareness creationMaintain a knowledge base of compliance failures and implications, provide advice on preventive actions to prevent such failuresEnsure goal-setting, midyear -review and annual appraisal process happens within specified timelines for self

MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

EducationalQualificationsBachelor’s degree in commerce/MBA in financeAdditional qualification in law, accountancy such as CA/CS/LLB.

ExperienceAt least 10 years of experience in banking businessAt least 3+ years of experience in compliance & 3+ years of hands-on experience in risk /audit & inspection functions.

CertificationsPO qualified

Functional SkillsKnowledge of – credit risk, operational risk, market riskKnowledge of asset liability managementKnowledge RBI polices/guideline relevant to SFB & bankingGood understanding of policy formulation processAdept at influencing policy changes for commercial advantageHigh operational knowledge and experience in government processes and compliances both at union and state levels

Behavioral SkillsInterpersonal communicationsStakeholder managementProject management skillsProblem solving & critical thinkingPlanning & organizing

Competencies RequiredBuilding RelationshipDriving ChangePlanning & Organizing

KEY INTERACTIONS

INTERNALEXTERNALLegal ManagerRegulatory bodies (including RBI)Internal Audit Dept.Risk rating agenciesAll functional headsChief Compliance Officers or Chief Risk Officers of other banksCFO

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