Wholesale credit - Credit manager

Job Name PA (Business Unit) : Sr. Credit Manager - WCR Wholesale Credit Risk
Job Title : (Job Name) Credit Manager-WCG-CBBusiness Unit (PA) : Wholesale Credit Risk

Team : (Sub team in the PA) Wholesale Credit

Reports to (job) : Vertical Head / Unit Head

Location of role : Kolkata

specificJob Fn : Credit

Role Type: Individual Contributor

No of direct reportees: Nil

Travel Required: Yes

Job Band Range : E2 D4
Job Purpose

• To assess, evaluate review and approve credit proposals as a first level officer for the Wholesale Banking relationships which is referred to wholesale credit involving various products like Term Loans, Trade Finance, CC, ODs and PSR
• Complete ownership of assigned portfolio of accounts including regular monitoring, early warning identifications, deferral tracking and working on appropriate account strategy in conjunction with Business teams in line with the banks risk appetite
• Partner with business, CAD, Operations and compliance teams to help in meeting regulatory compliance with respect to credit dispensation and monitoring including end use.

Job Responsibilities(JR) : Actionable

• Appraisal of Proposal

• Review credit proposals (CAMs/ Interim CAMS) submitted by business on assigned portfolio and assess the credit & risk involved comprehensively.
• To convey a clear opinion regarding the acceptability of the proposed transaction/ facilities, from risk point of view, covering business model, industry risk, structure, financial risk & regulations
• Awareness of the product proposed, suitability to the client requirements and need based assessment
• Emphasizing completeness / accuracy of CAM's and Coverage / Intensity of diligence & adherence to Credit Policy and extant regulatory guidelines
• Portfolio Monitoring
• Ongoing monitoring of accounts including tracking developments in the industry and the account to identify stress early and work with business in devising appropriate mitigation strategies wherever required. Review and respond to early warning signals. Monitoring has to enable advance detection before SMA / Rating downgrade / delays with any lender
• To identify and closely monitor accounts which are in stress, in order to devise and implement account strategy for risk reduction
• Meet business counterparts on a defined periodicity (monthly or otherwise) for reviewing Early Warning Signals and Close Monitoring.
• Focused house-keeping which involves follow up on clearing deferrals/ overdue/delays appearing in daily MIS circulated by Operations team.
• To partner with business, CAD and operations and compliance
• To help review end use monitoring on defined periodicity (to be covered on a quarterly basis).
• To address issues/ responding to RBI / auditors on credit matters.
• Appropriate level of client calling to develop strong understanding of client business and industry dynamics
• TAT

• Maintaining the defined Credit and End to End TATs so as to timely service internal as well as external customers.

Educational Qualifications Key Skills

• MBA/CA/FRM/CFA

• Strong technical & analytical skills.
• Strong written and verbal communication & negotiating skills
• Expert knowledge in analyzing financial statements.
• Banking Product & Process Knowledge
• Understanding of accounting principles, banking & commercial laws and Regulatory Knowledge
• Excellent knowledge of competition & current trends in financial Industry.

Experience Required

• Experience of 5+ years (min 2 yrs. for E4) in credit risk management in wholesale banking from reputed financial house
• Exposure to banking preferable

Major Stakeholders (intra team and cross functional stakeholders, who would need to be interacted with for discharging duties)

• Customers
• Relationship Team
• CAD
• Policy Team
• Audit
• Legal
• Compliance
• Operations/ Trade Finance