Avp - Wholesale Credit Sanctioning

4 weeks ago


Mumbai Maharashtra, India Barclays Full time

Job Title: AVP - Wholesale Credit Sanctioning
Location: Mumbai

About Barclays
Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.

Risk and Control Objective
Take ownership for managing risk and strengthening controls in relation to the work you do.

Working Flexibly

Hybrid Working

Structured hybrid role:
Introduction
- Member of the ‘Risk - Centre of excellence’, Credit Analysis team, which is responsible for credit risk analysis, monitoring and limits administration for corporate counterparties of Barclays.
- Lead, engage and motivate a diverse team of credit analysts to deliver strategic, individual and operational business objectives/targets. Create an empowering environment for your people, encouraging individual ownership and initiative.
- Ensure target achievement adhering to Service Level Agreements

What will you be doing?
- Complete ownership of the assigned corporate portfolio. The role holder together with the team would be accountable for timely delivery of annual reviews, interim reviews, providing support on transactions, ongoing portfolio monitoring and performing any other ad-hoc portfolio related exercise.
- To handle complex portfolio and undertake ongoing portfolio surveillance/monitoring encompassing the following key activities:

- Undertake fundamental credit analysis on his/her portfolio of corporate credit counterparties:

- Prepare annual/periodic credit reviews for submission to senior Risk Officers and Credit Committees
- Handle deal and transaction flow including IBDC deals (M&A), conventional refinancing deals and derivative requests
- Timely action on transaction-level limit requests received from Front office and Product areas via allocation from pre-agreed limit framework assigned by onshore credit officers (if any)
- Ensure all relevant Credit Risk policies, standards and procedures are followed
- Updating all credit risk systems to ensure that credit limits, internal grades and other credit parameters are aligned with the framework assigned by onshore credit officers
- Investigating limit excesses if any, and escalating to the onshore credit officers and supporting stress test monitoring
- Perform credit analysis on interim requests for credit facility amendments, and prepare analysis in support of interim headroom requests, for presentation to senior Risk officers for approval
- Liaising and communicating with other departments to ensure documentation requirements are met
- Undertake quarterly reviews on more complex and higher risk groups, including reporting on corporate credit counterparties which have been determined to merit more frequent credit review
- Maintain data integrity of relevant Credit Risk systems (and perform monthly credit grade attestation
- On-going monitoring of portfolio of industries for material developments affecting credit quality and the initiation of appropriate action.
- The role holder will provide coaching and mentoring to junior colleagues, transferring skills and expertise as required ensuring delivery against targets and continuing professional and personal development
- Assist and support on-shore teams in responding to information requests from our banking system regulators The role holder will control/co-ordinate team’s work, allocating tasks, planning and monitoring progress, managing risks, issues and dependencies, ensuring awareness of responsibilities and securing commitment to successful delivery of specified tasks as per Service Level Agreements.

What we’re looking for:

- Relevant experience of credit analysis/research in another financial institution, preferably a major international bank. Knowledge of multiple regions / sectors / industries
- Team Management experience is desirable.
- Masters / Professional qualification such as MBA/ CA/ CFA or equivalent
- Understanding of various banking products including revolving credit facilities, derivatives, LCs, Bank Guarantees, Receivable purchase facilities, etc.

Skills that will help you in the role:

- Awareness of legislation affecting the Bank and customers (including Data Protection Act, Companies Act, Insolvency Act, Financial Services Act)
- Good commercial experience working within Credit, preferably in an international banking environment.
- Demonstrated team handling skills in the past

Where will you be working?
Mumbai

Be More at Barclays
Interested and want to know more about Barclays? Visit home.barclays/who-we-are/ for more details.
Purpose, Values and Mindset
We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainab



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