Senior Credit Risk Analyst
3 weeks ago
We are seeking a highly skilled Senior Credit Risk Analyst to join our team in Mumbai. As a key member of our Wholesale Bank's Credit Administration department, you will play a critical role in managing credit risk for corporate banking clients based in North America.
About the RoleThis is an exciting opportunity to work with a leading global financial institution and contribute to the success of our business. You will be responsible for:
- Active Credit Risk Management of Designated Customers under the Guidance of Senior Credit Officers
- Manage a designated portfolio of US corporate credit customers
- Perform due diligence and scheduled reviews regularly
- Analyze credit risk of the designated portfolio, determine accurate ratings, and make recommendations of accurate and timely ratings to management with support from senior credit risk manager
- Prepare detailed credit analysis and credit applications in accordance with Americas Credit Policy, Americas Credit-Related Procedures, Credit Rules, evaluating the borrower's industry / business / legal / financial risks and recommending extensions of credit to management
- Basic cash flow modeling skills and understanding of assigned industries / industry sub-sectors are required, and maintain most updated knowledge on the industries through internal / external sources and direct communication with the customers
- Able to understand and assess risk of standard bank products such as loans, stand-by LC, trade finance, forex, derivatives, and securitization
- Maintain direct communication with assigned customers
- Oversight of covenants compliance, facility due date, condition / instruction / report required
- Responsible for coordinating and communicating account information to internal auditors and external regulators (e.g., FRB, FSA, BOJ, SNIC, OCC)
- Ongoing training to enhance the all-around skill sets of a credit risk manager
- Minimum of 5 years of working experience in financial institutions or equivalent, in accounting / financial analysis areas
- Should have experience in credit analysis of corporates
- Strong financial modeling and analytical skills a must
- Excellent communication skills (both oral and written)
- Master's degree required (major in accounting / finance / business preferred)
- MBA or CFA is a plus
- Completion of formal credit training is a plus
The estimated salary for this position is around ₹12,00,000 per annum, considering the location and job requirements.
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