Senior Risk Manager

1 day ago


Mumbai, Maharashtra, India IndusInd Bank Full time

IndusInd Bank seeks a seasoned professional for the position of Senior Risk Manager - Wholesale Credit. This role will be responsible for managing risk in wholesale credit and reporting to the Head-Risk.

Responsibilities:
  • Develop and implement policies for wholesale credit risk management, ensuring alignment with best practices.
  • Design and maintain analytical architecture for credit risk management.
  • Build, manage, and report economic capital models for corporate credit exposure.
  • Establish risk mitigation strategies and controls, including concentration risk, tenor risk, industry/sectoral risk, and stress sectors.
  • Satisfy regulatory requirements and auditor demands for risk modeling, assessment, and monitoring.
  • Develop and implement an expected credit loss (ECL) framework for adequate loan loss provisioning.
  • Provide input to credit approving committees on portfolio and policy risks.
  • Analyze and report on credit risk metrics and trends.
Key Qualifications:
  • Graduate degree from a recognized university.
  • Minimum 18 years of experience in banking or finance, with at least 5 years in corporate credit risk models and analytics.
  • Professional certifications such as FRM, PRM, or Graduate in Statistics from reputable institutes.

The ideal candidate should possess strong analytical skills, business acumen, and leadership abilities to manage a team of corporate credit risk analysts. Estimated salary: ₹80-120 lakhs per annum, based on qualifications and experience.



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