Corporate Credit Risk Management Expert
6 hours ago
IndusInd Bank is seeking a seasoned Corporate Credit Risk Management Expert to lead our risk management initiatives and ensure compliance with regulatory requirements.
Job DescriptionWe are looking for a highly skilled professional to manage credit risk for Wholesale Credit, reporting directly to the Head-Risk. The ideal candidate will have at least 18 years of experience in banking or financial institutions, with a minimum of 5 years in corporate credit risk models and related analytics.
The successful candidate will be responsible for:
- Developing and implementing Credit Risk Management Policies for Wholesale Credit portfolio in line with industry best practices.
- Building, maintaining, and reporting economic capital models for corporate credit exposure.
- Establishing risk mitigation strategies and controls to minimize concentration risk, tenor risk, industry/sectoral risk, unrated/unsecured risk, sensitive sectors, weak industries, etc.
- Satisfying regulators and auditors on risk modelling, assessment, and monitoring requirements.
- Providing input to credit approving committees on risk from the portfolio and policy perspective.
- Analyzing and reporting credit risk metrics and trends.
- Presenting risk outcomes to the Credit Risk Management Committee and the Board's Risk Management Committee.
- Staying up-to-date with industry trends and regulatory changes affecting credit risk.
To succeed in this role, you should possess:
- Minimum graduate degree from a recognized university.
- One of the following qualifications: Financial Risk Management (FRM) from GARP, Professional Risk Management (PRM) from PRMIA, Graduate in Statistics from ISI, IISc, IGIDR, etc., or MBA with specialization in Banking and Finance.
- At least 18+ years of experience in banking/financial institutions, with a minimum of 5 years in corporate credit risk models and related analytics.
We offer an attractive compensation package, including a salary range of approximately ₹40-60 lakhs per annum, depending on experience and qualifications.
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