Assistant Vice President - Wholesale Banking - CMB/GBM

Assistant Vice President, Wholesale Banking (CMB / GBM

The main purpose for this role is to contribute towards building a sound quality asset portfolio and a conservative credit culture while ensuring that the credit recommendation process remains responsive to the needs. The role also involves assisting the Vice President with the management of the centralized credit risk management function for WMR HBUS in a Service Delivery location.

The jobholder shall have the following responsibilities :

- Evaluation & appraisal of complex credit applications / Enterprise Valuations within specified thresholds for Wholesale Banking businesses (CMB / GBM) in the United States ensuring adherence to appropriate credit standards in line with Risk policy & guidelines

- Deliver a high quality output within SLAs

- Strict adherence and maintenance of appropriate credit standards in the recommendation / approval and control of lending

- Participate in maintaining a stable lending portfolio within Group and Wholesale Banking policy objectives

- Provide support to VP / Onshore Project Manager in the expansion & management of the centralized credit approval unit for HBUS

- Actively assist in recruitment and training of the team

- Design & implementation of operating procedures in line with core tasks and responsibilities

- Liaison with onshore WMR and respective business areas on quality and volume of workflow

- Manage relationships with various stakeholders

- Coordination with local & onshore support functions for infrastructural and HR related issues

- Management of the workflow within the team to ensure efficient operation of the unit

- Development & generation of MI to monitor quality / quantity of outputs

- Performance management and employee engagement

- Ensure business continuity and stability

- Participate in the CoE & local SD management activities

Principal Accountabilities - Key activities and decision making areas Typical KPIs and Targets

Impact on the Business :

- Assesses complex credit proposals submitted / Enterprise Valuations required, undertaking appropriate analysis and making final recommendations up to the appropriate and agreed thresholds, on the basis of professional credit judgment and in accordance with Bank Lending Policies. Timely delivery of well-balanced recommendations / assessments, delivered with professionalism

- Researches, recommends and assists in the implementation of credit management techniques

- Contribute to the achievement of the operating plan with respect to revenue, impairment charges, risk measures and RWA impact

- Manage operational costs within AOP

Customers / Stakeholders :

- Deliver best in class service levels to customers and meeting SLAs

- Effective and strong stakeholder management - maintain strong working relationships with the respective Business Areas and onshore Risk Department through efficient use of the available communication tools and effective networking via regular VCs / phone calls, buddy meetings, business area visits etc

Leadership & Teamwork :

- Assist in recruiting a capable and professional team having adequate work experience sufficient to carry out the responsibilities and demands of the role

- Help keep the team motivated and responsive to the needs of the organisation, by helping to provide regular coaching and training to other team members as required

- Provide professional feedback on the ongoing performance and actively engage with colleagues / employees

- Promote an environment that supports diversity and reflects the brand

Operational Effectiveness & Control :

- Ensure adherence to the Bank's credit policies and guidelines

- To act as a point of referral for advice and guidance to more junior members of the team

- Seek appropriate opportunities to add value and undertake additional tasks and project work as appropriate

- Actively contribute to the decision making process of the Offshore WMR and GSC management

- Be aware of and able to effectively identify and manage applicable money laundering, terrorist financing, sanctions and reputational risks

- Complete other responsibilities, as appropriate

Major Challenges (The challenges inherent in the role that require a continual test of the role holder's abilities) :

- Bridging the Offshore Onshore distance in order to have seamless communication & coordination into various day to day activities and ensuring consistency in deliverables/ output

- Keeping abreast with knowledge & updates on various policies, directives, guidelines and most importantly pulse on the ground at the respective onshore geography /site / regulations. In addition, staying abreast of current trends and cycles affecting credit decisions

- Keeping track of and ensuring alignment with the business, market, politics, social, cultural developments

- To gain the trust & confidence of onshore WMR approvers and being recognised as a point of reference.

- To be confident with output and stand firm despite pressure to change opinion, without being inflexible, as on occasions may need to compromise position

- Identifying credit risk in complex credit proposals frequently involving highly structured transactions and borrowers with intricate financial arrangements

- Evaluating complex facility structures and types across a broad range of credit activities

- Recognising business needs to accommodate selective growth and revenues, yet maintain acceptable and prudent credit standards

- Encouraging appropriate risk reward characteristics on all transactions

- Understanding lending parameters across a wide range of disciplines and taking decisive action based upon experience and training

Location : Hyderabad and Kolkota