Credit Risk Avp

**Job Title**: Credit Risk AVP

**Location**:Mumbai

**About Barclays**

**Barclays is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.**

**Risk and Control Objective**

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards.

**Working Flexibly**

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life.

If you would like some flexibility then please discuss this with the hiring manager.

**Introduction**:

- Member of India Credit Risk sanctioning team responsible for credit risk management for Indian counterparties.
- Provide oversight, advice and challenge as a 2nd line of defence from credit risk management perspective under Enterprise Risk Management Framework (ERMF) - Credit Risk is one of the nine principal risks under the framework and typically arises from our core client and customer focused activities of lending and trading. The incumbent is expected to also be aware of the other eight risks (e.g. Market Risk, Treasury & Capital, Operational Risk, Conduct Risk, Reputational Risk, Legal Risk, Climate Risk,Model Risk) when performing duties.
- Understand and implement the risk management process using the structured and practical process of a) Evaluate, b) Respond and c) Monitor as laid down under the ERMF framework.
- Engage in supporting continued growth of business and managing relationships of Barclays business and clients based on specialist expertise and knowledge whilst keeping sounds risk management standards and judgment.
- Contribute to the ongoing identification and mitigation of risks through the assessment of external influences and internal changes. Upon occurrence of a risk event, carry out root cause analysis which covers a) identifying possible control/behaviour failures, b) lessons learnt for future risk assessment and c) documentation if control issues and timelines of resolution.
- Ensuring that the key principles under the covered portfolio are maintained within the agreed risk appetite, which is constantly evaluated per circumstances and macro-economic situation.
- Engage in assessing business proposals and identifying risks and recommending appropriate credit terms keeping Barclays’ commercial interests in mind.
- Timely and accurate reporting of counterparty exposures for senior management purposes

**What will you be doing?**
- Conduct due diligence/ credit analysis for a range of Corporate and Investment banking clients and transactions in India across Corporates, FIs, PSUs and Sovereign, and recommend credit exposures for approval to senior management/sanctioners.
- Prepare high quality, comprehensive but concise credit notes suitable for presentation to senior risk management/ sanctioners and covering analysis of:

- quantitative factors such as cashflows, balance sheet, debt servicing ability, liquidity, earnings quality, etc.
- qualitative factors such as management quality, business profile/ strategy, macroeconomic & regulatory environment, and reputational and environment risks
- industry, peers and cashflow/ financial projections and sensitivity analysis
- transaction, structural and legal risks, especially for complex, structured transactions, including documentary protections and structural mitigants, if any.
- existing and proposed exposure including risk drivers, limit parameters, collateral valuation etc.
- Take individual ownership of transactions from initiation to credit sanction by interacting with relevant stakeholders.
- Identify emerging risks and negative developments and trends impacting the assigned sectors, clients and transactions in a timely manner, escalate potential issues and recommend corrective action plans to senior credit officers, in a timely manner.
- Rigorous and continuous monitoring of (a) exposure against risk limits and (b) counterparty / transaction performance against agreed/ projected parameters. Escalate potential limit breaches/ performance shortfalls to sen