AVP Risk Management

2 weeks ago


thane, India Siemens Financial Services Private Limited Full time

Siemens Financial Services India is asubsidiary of Siemens AG, with a vintage of almost 13 years in India. Itoperates as part of Siemens AG's global financial services division, focusingspecifically on innovative and tailor-made financial models like Leases, Loans,and Working Capital Solutions for segments ranging from SMEs to largecorporates in India. The company's expertise spans across multiple industries,including healthcare, manufacturing, Renewables, Technology, Industry and more.This industry focus enables SFS India to understand the specific financialchallenges and opportunities faced by businesses in different sectors and thentailormade financial solutions for customers in that Industry. SFS Indialeverages technology solutions to enhance its financial offerings. This mayinclude digital platforms for loan processing, online account management, anddata analytics for financial decision making.

Whatare my responsibilities?

·Tohandle credit underwriting of new business transactions related to Factoring

·Makerecommendation regarding credit decision to relevant authority based on riskassessment and analysis

·Ensuretimely review / enhancement of limits assigned for Factoring

·Communicateeffectively with the borrowers and internal stakeholders to address queries andprovide credit decisions within agreed TAT

·Monitorhealth of the portfolio and identify potential risks and opportunities tomitigate the risk

·Stayupdated on Industry regulations and best practices related to Creditunderwriting and Factoring

·Continuouslyevaluate and improve the credit underwriting process to enhance efficiency andeffectiveness.

·Toparticipate in customer meetings when needed to fully understand the risks andopportunities.

·Participateand actively handle the audits.

·Toliaise through structured meetings, with Management, Sales, and other membersof the Risk Management team to ensure continuous improvement of businessprocess.

Whatelse do I need to know?

Knowledgeand Experience

·About10 years of experience in risk or credit in a bank or a reputed NBFC inunderwriting

·Knowledgeof Supply Chain Financing, Factoring products is preferred.

·Experiencein commercial finance is mandatory.

·Abilityto take credit decisions.

·Quicklearning ability

·Experiencein LOS / LMS in a Bank or NBFC

·CAor MBA from an institution of repute

Thisrole is based in Mumbai (Kalwa)

We’reSiemens. A collection of over 379,000 minds building the future, one day at atime in over 200 countries. We're dedicated to equality, and we encourageapplications that reflect the diversity of the communities we work in acrossGender, LGBTQ+, Abilities & Ethnicity. All employment decisions at Siemensare based on qualifications, merit, and business need. Bring your curiosity andimagination and help us shape tomorrow,


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