Corporate Credit Risk Management Expert

6 hours ago


Mumbai, Maharashtra, India IndusInd Bank Full time
About the Role

IndusInd Bank is seeking a seasoned Corporate Credit Risk Management Expert to lead our risk management initiatives and ensure compliance with regulatory requirements.

Job Description

We 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.
Requirements

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.
Compensation Package

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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