Rc&wc - Lc:credit Specialist

CREDIT SPECIALIST INTERNAL USAGE No of Vacancies 3 Reports to Group Head Is a Team leader Y Team Size Grade Business Corporate Center Department Wholesale Credit Sub-Department LC Credit Location Co Mumbai About Wholesale Credit The Wholesale Credit department in the Bank is a Credit Underwriting department for all Large mid and SME clientele of the Bank It is also responsible for ensuring the maintenance of a good portfolio quality and for ensuring smooth credit appraisal processes Mid Corporate Credit underwrites credit facilities that the Bank proposes to sanction to the corporates operating in mid-market in India The bank has a separate Mid-Market vertical which focuses to deepen its presence in regional business clusters and expand its presence amongst the companies operating with a turnover of up to Rs 1000 crores About the Role The Bank has a separate Coverage and Credit vertical for dealing with large corporates All the credit proposals originating from the coverage team requires independent vetting and sign off from the credit team Therefore the underlying role is of utmost importance in deciding the right credit and take the right decisions Key Responsibilities Analyzing the overall risk profile of corporates including financial risk business risk and management risk Provide quality analysis compliant with RBI the Bank s internal policy guidelines to lead to a conclusive decision making Taking responsible credit decisions as a part of the sanctioning authority Monitor and manage key trends for a designated portfolio changes in the borrower s operating framework economic developments as well as financial parameters of clients Ensuring the delinquency levels for the designated portfolio to the minimal Identifying potential early warning signals and pro-actively taking corrective steps to ensure that the Bank s interest is protected Ensuring that the cases are turn around strictly as per the expected timelines Frequently interacting with the company officials and liasoning with rating agencies to keep an update on the latest developments Gather market intelligence with other banks financial institutions and entities to understand the market dynamics and risk trends Liasoning with various internal departments viz Coverage Risk Compliance Audit Operations for effective management of portfolio Interacting with the regulator and statutory auditors for the designated portfolio Qualifications Optimal qualification for success on the job is Chartered Accountant or MBA from a reputed institute Experience 10-15 Role Proficiencies For successful execution of the job the candidate should possess Knowledge Knowledge of risks involved with an underlying credit decisions Latest RBI guidelines and updates in the accounting standards Knowledge of relevant IT systems including NDS Finacle etc Skills Good communication both verbal written and inter-personal skills Strong Excel and database manipulation skills financial and statistical analysis skills Abilities Ability to work effectively across functions Ability to prioritize and make decisions in a fast-paced environment Ability to work as a part of team and contribute towards team goals Ability to work effectively across functions and demonstrated ability to coach and mentor others Ability to manage multiple tasks projects and deadlines simultaneously Skills Refer to the About Company Axis Bank is the third largest private sector bank in India The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates MSME Agriculture and Retail Businesses The Bank has a large footprint of 4 594 domestic branches including extension counters with 11 333 ATMs 5 710 cash recyclers spread across the country as on 31st March 2021 The Bank has 6 Virtual Centres and has over 1500 Virtual Relationship Managers as on 31st March 2021 The Overseas operations of the Bank are spread over eight international offices with branches at Singapore Dubai at DIFC and Gift City-IBU representative offices at Dhaka Dubai Abu Dhabi Sharjah and an Overseas subsidiary at London UK The international offices focus on Corporate Lending Trade Finance Syndication Investment Banking and Liability Businesses