Cluster Manager - Business Loans - Underwriting East

Job Summary Duties and Responsibilities Appraisal of Proposal

• Review credit proposals (CAMs /Interim CAMS /Ad-hoc CAMs) submitted by Credit managers teams on assigned set of accounts and assess the risk involved comprehensively.
• Convey a clear opinion regarding the feasibility of the proposed transaction/ proposed facilities, from risk point of view, covering business model, industry risk, structure, and financial risk.
• Awareness of the product proposed and suitability to the client needs
• Reviewing Complete / accurate CAM''s / Coverage and Intensity of Diligence Adherence to Credit Policy and extant regulatory guidelines
• Compliance of underwriting process and liaising with Valuation Legal Agencies for collateral assessment.
• Ensuring adherence to pre-defined TAT and Delegation of Authority for credit appraisals
• Gathering market intelligence and sharing with the risk policy team getting them incorporated in the policy programs for improvement in portfolio health business growth.
• Market Research and Feedback for credit policy and new product launch based on market conditions.

Portfolio Monitoring

• Ongoing monitoring of accounts including tracking developments in the industry and the account to identify stresses early and work with Credit Monitoring business teams in devising appropriate mitigation strategies wherever required.
• Reviewing cases suggested by Central Monitoring Unit as per action staircase, engaging further with RMs and clients for evaluation.
• Independently manage C-level and VP-level client executives both internally and externally; Appropriate level of client calling to develop strong understanding of client business and industry dynamics
• Management Reporting presentation to the management on a monthly basis and rapid portfolio review on a quarterly basis

Team Management

• Foster a cohesive and high-performing team by promoting collaboration, knowledge sharing, and continuous learning, with a strong focus on industry expertise.
• Providing the team with an encouraging atmosphere whereby the individuals can work independently.
• Review the CAMs for the team and ensuring factual accuracy and confirming the BFL approved policy.

Collaboration with the Stakeholders

• To interact with the relationship managers pro-actively to assess the main risks and propose mitigants, at various stages of credit process.
• Suggesting policy changes or Program related developments to Risk Counterparts, if required
• Engaging with Business, Central Monitoring Risk Team, Operations Team, Legal, and other stakeholders (collateral agencies) as appropriate for all credit processes
• Liaison with COE team for process enhancement and system enablement.

Key Decisions / Dimensions

• Recommendation- Engaging with Business Team for onboarding of clients and setting up exposure limits
• Recalibration: Alignment with the Business Team for right-sizing and down-sizing of the portfolio based on the recommendations from Portfolio Monitoring Team, External Environment Credit health of the clients.
• Engaging with Business Team to ensure to meet its AOP targets
• Managing Early MOB cases
• Maintain portfolio hygiene
• Ensuring Nil Losses in the Book

Major Challenges

• The NBFC segment is susceptible to regulatory and legislative risks
• Limited Product Suite for a Corporate Borrower considering the vast NBFC space

Required Qualifications and Experience a) Qualifications Key Skills:

• Strong credit assessment skills preferably in SME + Mid Corporate Segment
• Expert knowledge in analyzing Financial Statements Collaterals w.r.t Legal Clearance and Valuations.
• Banking Product Process Knowledge
• Understanding of accounting principles and Regulatory Knowledge
• Excellent knowledge of competition current trends in financial Industry
• Strong written and verbal communication skills

b) Work Experience

• Overall 6-8 years in credit and risk management in SME Wholesale or Retail credit with minimum 6 years of experience in business banking from reputed financial institutions
• Exposure to Banking/ Credit Rating Agencies