Lead - Risk Ratings & Compliance - Bank

Hiring for a Leading Private Sector Bank

Role Objective : Centralized unit independently validating the ratings for corporate, SME, business banking, NBFC, MFIs, brokers, bank clients across the bank.

Job Description :

- Internal rating validation for Corporate, SME, Business Banking, NBFC, MFI, Broker, Bank clients across the bank. Key activities include.

- Detailed assessment and understanding of credit risk (industry, business, financials, management), credit ratings.

- Preparation of rating rationale along with rationale for any changes in risk scores.

- Review deviations to the credit policy of the Bank.

- Recommendations/comments on all proposals placed to Board level credit committee with respect to policy compliance/ portfolio risk/ industry prospects, etc.

- Decision making along with the stakeholders (Credit/Business).

- Effective interaction with business/credit groups across Large Corporates/ Emerging Local Corporates/ NBFCs/ Brokers/MFIs/ Projects/ Small, Micro Enterprises/ Business Bankingo Effective resolution of internal audit/ external audit/ RBI.

- Effective resolution of internal audit/ external audit/ RBI queries.

- Periodic review and updating of industry risk scores including assessment for new industries as deemed appropriate.

- Track latest industry developments by participation in seminars, conferences and client site visits, interactions with clients, rating agencies, industry database providers.

- Benchmarking of companies within sectors.

- Stakeholder management: Candidate should be able to efficiently manage various stakeholders including senior management from both Credit and Business functions.

- Define and facilitate the achievement of goals and key performance indicators for direct reports and ensures effective implementation of the performance management process in the division.

- Nurture talent within the team by providing guidance, ongoing feedback, coaching and development opportunities to individuals to enable achievement of the defined goals.

- Develop and nurture a continuous talent pipeline for key roles in the division and provides mentoring for high potential talent in the organization.

- Ensure adherence to process and ability to work within pre-decided TAT.