Credit Risk Manager

4 days ago


Noida, Uttar Pradesh, India LARK FINSERV PVT. LTD. Full time
Job Description

In collaboration with our esteemed clients, LARK FINSERV PVT. LTD. is seeking a talented Credit and Risk Manager to assume a pivotal role in our team. This esteemed position demands an individual with profound expertise in risk management, credit assessment, and regulatory compliance.

Key Responsibilities

• Conduct thorough assessments of potential risks and develop strategies to mitigate credit-related challenges.
• Adhere to RMS SOP: Strictly adhere to Risk Management System (RMS) Standard Operating Procedures in evaluating and handling loan applications against mutual funds and stocks.
• Implement and follow the established underwriting model to assess the creditworthiness of loan applicants. Ensure accurate and comprehensive evaluation of financial data, market trends, and borrower profiles.
• Monitor and track collateral valuation against market performance. Regularly assess the value of mutual funds and stocks offered as collateral, making adjustments as necessary based on market fluctuations.
• Oversee the preparation and maintenance of documentation related to credit assessments, risk analyses, and collateral valuations. Ensure all records are accurate, up-to-date, and compliant with regulatory requirements.
• Collaborate with internal teams, including finance, legal, and compliance, to communicate risk-related findings and ensure alignment with organizational goals. Provide clear and concise reports on risk exposure and credit assessments.
• Stay abreast of industry best practices, regulatory changes, and market trends related to credit risk management. Facilitate training sessions for team members on risk mitigation strategies and updated underwriting practices.

Requirements

To be considered for this position, applicants should possess a solid understanding of risk management principles, credit assessment methodologies, and regulatory compliance frameworks. A degree in a related field, coupled with relevant work experience, is highly desirable. Strong analytical and communication skills, coupled with the ability to work effectively in a team environment, are essential for success in this role.
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