Risk:credit Risk-i Team

2 weeks ago


Mumbai Maharashtra, India Axis Bank Full time

About Risk The Risk department ensures that the Bank s risk is managed through a risk management architecture as well as through policies and processes approved by the Board of Directors encompassing independent identification measurement and management of risks across the various businesses of the Bank The Risk department of the Bank strives to proactively anticipate vulnerabilities at the transaction as well as at the portfolio level through quantitative or qualitative examination of the embedded risks About the Role Primary focus of the role is to manage End to End Collateral Risk for the Product s under purview The role entails management of the Collateral Risks for different Products while ensuring that assigned Key Risk Indicators KRIs are within parameters stipulated by the Bank The role involves use of data and analytical insights in tandem with robust process and policy frameworks to monitor measure and mitigate Key Risks pertaining to the said Product s The role encompasses Competitive benchmarking market information and knowledge of key regulations governing the said Product s in addition to line and policy formulation functions for these product s Key Responsibilities Assist in taking suitable risk actions and interventions through analytical support Create innovative variables that can predict risk Draft and manage credit parameters and formulating policies for Micro finance loans Manage risk for MFI business Portfolio monitoring and setup various early warning signals Identify risky pockets where Credit Risk is being observed Responsible for managing end-to-end risk of the portfolio Liaise with stakeholders Business managers Credit Managers for portfolio monitoring Guide mentor junior team members Rating confirmation of proposals Ensure the risk levels are well within benchmark by taking suitable risk actions and interventions Proactive in identifying risks early warning signals and take necessary corrective actions ensuring delinquencies are within acceptable limits Roll out and support Business initiatives for specific Collateral s or markets It involves review and recommendation of changes to existing product policy norms Qualifications Optimal qualification for success on the job is Graduation Post-graduation from a recognized institute Hands on experience in operations of transaction systems of the Bank Role Proficiencies For successful execution of the job the candidate should possess the following Knowledge of key processes of data capture and flow Knowledge of the use of data elements for internal external reporting and analytics Analytical bent of mind penchant for working with data and numbers 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



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