Executive - Credit Risk

Description

About KPMG in India

KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada. 

KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.

Key Responsibilities

·       Responsible for the delivery of BCO tasks in line with agreed OKRs, SLAs and KPIs

·       Support the end-to-end Credit & Capital Management servicing journey, ensuring a seamless and efficient process for both customers and internal stakeholders

·       Assist the Relationship Manager with credit analysis and the timely submission of credit proposals for facilities for both existing and prospective clients 

·       Liaise with relevant teams for the preparation of facility letter and any other internal security documents.  Ensure completeness of security documentation prepared by external legal counsel.  

·       Proactively manage the credit quality of the supported portfolio by i) conducting periodic credit reviews;    ii) tracking and reporting of compliance with covenants and conditions of approval; and iii) promptly  escalating deviations to the Risk team for resolution. 

·       Ensure the consistent application of GSIB policies and adherence to regulatory, financial, and legal standards to minimize business and reputational risks 

·       Support the BCO Manager and Team Lead on ad-hoc requirements and other strategic initiatives to streamline and simplify end-to end Credit & Capital Management process

·       Participate in deal discussions and meetings with clients as required

·       Protect the Bank by acting as First Line of Defense and adhering to all controls

·       Maintain GSIB internal control standards, including timely implementation of internal and external audit recommendations, along with addressing any issues raised by external regulators

·       Ensure that all work is delivered within agreed timeframes, PLAs and meets the required high-quality standard.

·       Understand and comply with all relevant policies, FIM guidelines and procedures issued by the Group.

·       Pro-actively suggest and design improvements in process workflow, where applicable.

·       Need to implement the Group Compliance Policy, as applicable to their role.

·       Need to be aware of the Operational Risk scenario associated with their role, and to ensure that all actions during their employment with GSIB take account of the likelihood of operational risk occurring.

·       Adhering strictly to compliance and operational risk controls in accordance with GSIB and regulatory standards, policies and practices; reporting weaknesses, compliance breaches and operational loss events.

·       Staying abreast of latest guidelines and procedures, FIM and other regional policy guidelines, ensuring necessary guidance is provided to the team.

·       Demonstrate high standard of collaborative skills.

·       Closely work with the senior management team and Regional Sustainability Champions to drive various activities as part of the Group's transition to Net Zero along with implementing various strategic initiatives across BCO teams.

·       Analysis and investigation of Wholesale portfolio exposure for the Thermal Coal Phase Out Policy (TCPOP) applicability (both lending & capital market transactions) and exposure weighting calculations for eligible counterparties, along with assurance support for ARA reporting.

·       Analysis and investigation of Wholesale counterparties for policy screening / eligibility across multiple sectors as part of the client onboarding & renewal process.

·       Risk assessment of the carbon footprint of the Wholesale lending portfolio, identifying physical and transitional risks.

·       Analyze counterparty information for climate-related risk assessments, including emissions reduction plans, physical risks, maturity of transition plans, and transition plan evaluations.

·       Perform thorough research and analysis on Wholesale counterparties' data and trends, focusing on greenhouse gas emissions accounting, Net Zero strategies, and Climate Change Risk Management.

·       Analysis and validation of industry/sub-sector of the Wholesale portfolio as part of the Climate Aligned Finance sectoral value chain along with assurance support for ARA reporting.

Equal employment opportunity information 

KPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India values diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.

Qualifications

·       Post Graduation in
Management /Finance/ Economics, or equivalent such as a Chartered Accountant
CFA, FRM or equivalent or as per local market conditions.

·       Capital
markets certifications in Mutual Funds, Derivatives, Stock Markets, etc. would
be an added advantage.

· to 6
years of relevant experience.

·      
Good understanding of various financing
instruments and banking products in corporate banking, financial principles and
concepts, budgeting, financial forecasting, financial analysis, ESG and Climate Risk - Understanding
ESG policies and their implementation using annual reports, CSR/Sustainability
reports and other company filings.

·      
Adhering strictly to compliance and
operational risk controls in accordance with GSIB and regulatory standards,
policies and practices; reporting weaknesses, compliance breaches and
operational loss events.

·      
Understanding of risk management
principles and practices. This includes the ability to identify, assess, and
mitigate risks that could impact the business

·      
Comprehensive understanding of risk
management and proven experience in ensuring compliance (self and others) with
organizational and regulatory requirements 

·       Understanding
of the financial sector complete with latest developments.

·       Basic
Knowledge of FX, Derivatives and other Treasury Products is a must.

·       Must
have a clear understanding of the Credit Risk aspect of Treasury products.

·       Candidate's
current/past profiles should have involved extensive interactions with diverse
stakeholders.

·       Highly
proficient at Excel and Word. Database skills will be an advantage. Ability to
learn new systems quickly necessary.

·      
Analytical with a keen eye for
details  

·      
Strong communication (Verbal and
Written) and interpersonal skills, with the ability to collaborate effectively
with diverse stakeholders

Keep
up to date on the FIM guidelines and credit policies.

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