Posted By
Posted in
Banking & Finance
Job Code
442843
POSITION PURPOSE :
- Responsible to conduct independent Risk based review of Appraisal & Assessment process for various Credit facilities sanctioned to Corporate/SME loans. Detect process gaps at pre-sanction stages.
- Conduct risk based credit audit of borrower accounts with a specific focus on sanction process, documentation, follow up & monitoring including EWS.
KEY RESPONSIBILITIES :
- Conduct independent review of pre-sanction process, involved in sanction of credit facility in lines with prudent credit practices.
- Participate in all aspects of credit audit activities including credit risk assessment, audit planning, audit testing and control evaluation.
- Review risk rating of borrower.
- Ensure that the credit proposal abides to Bank's extant guidelines, credit policy & regulatory guidelines.
- Report drafting with risk based approach, follow up and ensure closure of reports.
- Verify compliance as per the terms of sanction.
- Detect early warning signals.
- Evaluate, test and report on the adequacy and effectiveness of management controls.
- Monitor and analyze key performance indicators to identify trends & deviations from standard industry benchmarks.
- Stay abreast of local regulations and responding to regulator`s inquiry on a timely basis.
- Partnering with legal, compliance, risk management and other control groups.
- Perform and coordinate credit risk framework components which includes:
- Risk and due-diligence reviews
- Credit risk reporting and analysis
- Record credit risk incidents and associated process breakdowns
- Assist the credit risk owners and coordinators with the identification of key risk indicators in their business units
- Report Key Risk Indicators (KRI) breaches and deriving root cause for significant deviations
- Liaise with the credit verticals, risk & business unit representatives.
EXPERIENCE REQUIREMENT :
- 5+ Years
TECHNICAL SKILLS PREFERRED :
- Must have background in corporate banking as well as capital market/treasury spaces
BEHAVIOURAL SKILLS PREFERRED :
- Excellent presentation skills and the development of related materials
- . Excellent oral and written communication skills
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Posted By
Posted in
Banking & Finance
Job Code
442843