Senior Credit Risk Manager
7 days ago
Job Purpose:
EWS Framework Review and Implementation: Enhance the Early Warning System framework across various products in the Bank, focusing on workflow management, efficiency improvement, and creation/enhancement of EWS alerts in coordination with key stakeholders. Evaluate and maintain EWS systems, ensuring data capturing, completeness, integrity, and quality. Review EWS alerts for account classification and backtesting validation of Early Warning Signals.
RBI Compliance & Regulatory:
Report EWS to top management, publishing reports and conducting meetings to ensure compliance and regulatory requirements.
Credit Monitoring Process:
Identify and augment credit processes and systems for enhanced quality and coverage of credit monitoring and credit risk control. Assess adherence to credit processes, highlighting deviations to management. Examine root causes for credit delinquencies and use learnings to enhance credit processes.
Early Warning System:
Enhance early warning tools to provide comprehensive and effective advance warning of potential credit deterioration. Create and manage suitable workflows to provide warning signals to credit managers, ensuring timely closure of actionables.
Portfolio Risk Review:
Periodically or event-based carry out portfolio/sub-portfolio reviews to create awareness of underlying quality, emerging trends, and potential risks. Conduct stress tests jointly with the Credit team and Policy team.
Periodic Reports:
Publish reports for management consumption/action on portfolio quality, delinquency, portfolio behavior, TAT, and housekeeping. Publish monthly/quarterly review reports on Wholesale Portfolio, highlighting key indicators, trends, and highlights.
Digitization:
Work closely with the credit team and IT to enhance technology usage in credit monitoring, control, and reporting, reducing human effort and time. Interact with vendors to identify and adopt suitable tech solutions.
Requirements:
Credit Products & Process Knowledge, Communication, Knowledge of systems & IT, Analytical Ability, Regulatory Framework, credit monitoring, EWS, Early Warning Systems, Team Management, portfolio risk, risk management.
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