VP NBFC Credit Risk

4 weeks ago


mumbai, India HSBC Full time

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HSBC InvestDirect Financial Services (India) Limited is a RBI regd. NBFC of the banking conglomerate and one of the largest banks in the world, the HSBC Group. It is a non-deposit taking NBFC engaged in the business of offering capital market products which primarily includes loan against equity shares, mutual fund schemes, bonds, G-Sec and other financial securities. It caters to high end HNI customers across India and is head quartered in Mumbai. HIFSL is a highest rated NBFC by FITCH having a long term rating of AAA and a short term rating of P1+.

Role Purpose

To ensure smooth functioning of credit risk, deliver robust systems, structure strong policies, develop able resources, have meticulous eye for details, skillfully conduct credit assessment, with target to minimize adverse financial impact and provide strong support for business growth. To identify, assess, monitor and make timely and measured judgments on all current and potential future risks in lending business.

To ensure smooth functioning of credit risk, deliver robust systems, structure strong policies, develop able resources, have meticulous eye for details, skillfully conduct credit assessment, with target to minimize adverse financial impact and provide strong support for business growth. To identify, assess, monitor and make timely and measured judgments on all current and potential future risks in the product offering. Ability to form effective relationships and achieve influence at the most senior level in the organization; Demonstrated business knowledge, such as experience leading a P&L unit; Communication and interpersonal skills, including the capacity to articulate the case for risk management in the language of business; Established financial and accounting acumen. Ability to make robust/tough decisions which may be contrary to the business expectations. Strong leadership and management ability, developing and motivating Risk employees; Requirements Analysis and underwriting of Business proposals based on the fundamentals, financials and within the policy parameters. Drafting of Credit policies and procedures in line with the Group standards and local regulatory guidelines. Exposure to demanding operational environments to gain insight into the most effective risk management applications Working across all levels of the organization to understand cross-functional linkages and interdependencies, as well as the implications of risk, at both, a strategic level and at the business unit level. Bring in best industry practices to provide necessary support to Business and effectively contain risks in the product with zero tolerance to losses. Post-graduate degree in Business Administration, Finance or a related field. Preferably a Chartered Accountant, CFA, Cost Accountant or a MBA Finance with a minimum experience of 10-12 years in underwriting of Credit proposals. Preference would be given to candidates having experience of working with NBFC operating in the lending against securities space.

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