Piramal - Manager/Senior Manager - Risk - Wholesale Lending

Risk Management team is responsible for Credit appraisal for deals in Financial Services business (Real Estate and Corporate (both Infrastructure and non-infrastructure sectors)) and Credit Structuring such that it aligns with the broader risk appetite and objectives of the group.

This opening is for hiring for Risk Analyst to undertake above function in the Non-Real estate segment i.e. sector agnostic deals being underwritten across Piramal Financial services domain i.e. whether in NBFC or in Funds businesses

Essential Qualification : MBA/CA

Essential Experience : 4- 6 years expereince in credit role in Corporate/Mid Markets division of a bank/NBFC.

Key Roles /Responsibilites :-

Credit Risk

- Independently evaluate lending/ investment opportunities across the capital structure (equity, mezzanine and senior debt) in multiple sectors

- Interact with internal stake holders (deal team, asset monitoring, senior management) and external stake holders (due diligence teams, promoters etc.) to get requisite data for analysis

- Develop and enhance proprietary in-house models for credit appraisal across sectors

- Define broader risk thresholds and framework depending on type of investment (equity, debt, mezzanine) and rating of borrower

- Present independent view on deals to senior management, external co-investment partner and committee of independent Experts/Directors

- Conduct portfolio analysis and derive at maximum loss potential estimate for the entire portfolio taking into account diversification across various sectors, assets and sub-asset groups

Credit Structuring

- To work with deal team to suggest appropriate changes to the deal structure in order to minimize risks

- Derive insights from portfolio analysis and incorporate the same in the underwriting standards for new deals

- Derive insights from portfolio analysis and incorporate the same in the underwriting standards for new deals

Enterprise Risk Management (ERM) - Added advantage:

- Understanding of Risk Concepts such as Limit framework, Stress Testing, Provisioning/ECL

- Asset Liability Management - Understanding of core concepts of ALM and ability to contribute to the implementation of the ALM Policy

Soft skills

- Ability to understand/ simplify and present the complex problems

- Good communication skills

- Good networking skills across Banks/NBFCs operating in the space