Analyst - Credit Risk - BFS

JOB TITLE : Analyst

LINE OF BUSINESS / DEPARTMENT BFS : Risk & Analytics

LOCATION : Mumbai

REPORTING TO : Senior Manager

SPAN OF CONTROL - DIRECT/ INDIRECT : NA

General Summary :

 Candidate with 4-5 years of experience in Financial credit risk management with experience mainly in policy, formulation, review and validation preferably together with good experience in some of the other domain areas as follows :

- Carrying out gap analysis i.e. identify and highlight gaps of existing credit risk and market risk/operational risk policies in terms of its current compliance with regulatory norms and suggest/recommend areas for suitable improvement

- Hands on experience in formulating, refining and validating credit risk policies for funding Small and Medium Enterprises, mid corporates, large corporates and infrastructure projects by aligning policy aspects with industry best practices

- Good understanding of Basel II & III Risk and capital metrics including salient aspects pertaining to PD, LGD, EAD modelling/ framework also employed for computation of expected credit losses

- Exposure to ICAAP framework/methodology covering both Pillar I and Pillar II risks and good practical/conceptual understanding of specific risks such as Interest Rate Risk, Liquidity Risk, Concentration risk as well as frameworks employed for Stress Testing and Scenario analysis

- Credit Risk Rating methodology/framework for rating facilities to Small and Medium Enterprises, mid corporates, large corporates and infrastructure projects, both greenfield and brownfield, involving road, power (both renewable and non-renewable) and other generic infrastructure

- General understanding of banking sector products as well as good understanding of operations of banks, NBFCs, other financial institutions and financial markets

- Data analytics orientation-Ability to cleanse, interpret, analyze data and crystallize findings

- Application of basic statistical techniques to risk and financial data

- Ability to work with data sets in Excel and use Excel Statistical Add-ins

- Sound ability to clearly communicate, verbally and in report format, concepts and ideas through presentations/report writing. Good interpersonal skills, knowledge of MS-Office applications and skills in making/delivering effective presentations

- Ability to work as a team

The Role / Responsibilities :

- Execution - Data analysis, sector specific research study & assistance in preparation and delivery of presentations & reports

- Product development support for credit risk and ECL models

Job Skills Required :

- Ability to apply knowledge on Credit Risk, policies, capital metrics such as Basel II/III and ICAAP to specific risk management assignments

- Data handling in Excel ( Using Add-ins in Excel such as Stats, Maths and data Pivots) for analysing large credit data sets

- Basic working knowledge of Statistical techniques in Credit Risk

Qualifications :

- CA/MBA qualification, with a basic degree in Economics, Engineering, Statistics or Commerce with an outstanding academic record

Other attributes :

- Sound knowledge of statistics/ risk management

- 4-5 years experience in Banking, NBFCs, FIs in Risk Management dept or Risk Advisory in consulting

- Strong ideation and analytical skills

- Ability to communicate clearly and cogently (spoken and written)

- Ability to work independently and in teams

- Ability to work under pressure on various tasks at a time i.e. multi tasking

- Keen to learn, wanting to be proactive and inquisitive and take initiatives in executing/completing tasks within agreed upon deadlines

- Willingness to travel and engage with clients