Vice President - US Credit Underwriting & Risk

US Credit Underwriting & Risk VP

Job Purpose:

- This role is responsible for measuring and managing the overall credit risk involving with the company

- Also oversees the company's credit & collections policies, procedures and processes ensuring all risks are addressed appropriately through evaluation and developing required risk framework

Key Responsibilities:

- Direct responsibility for the credit quality and risk performance of the company and the business units

- Portfolio reviews covering areas of delinquency reports, perusing Early Warning System (EWS) reports

- Focus should be on portfolio intervention and resolutions strategies with the business unit in order to improve asset quality on continuous basis

- Serves as a member of Asset Liability Committee and acts a liaison between the Asset Liability Committee and the lending units with respect to Credit Policy monitoring

- Develops, recommends and monitors credit policies and procedures, assuring regulatory compliance

- Sets overall risk appetite in partnership with management and the business lines to develop a coordinated and cohesive risk taking strategy

- Oversee the implementation and management of the Credit Scoring model

- Develop and enhance the Credit Reporting & Monitoring framework which meets the requirements of various external & internal stakeholders

- Lead enhancements to the Credit Measurement Framework; which include rating models (PD) and LGD measurement jointly with chief Risk officer

- Recommend modifications that reflect developing risks, economic conditions and projections, and the competitive environment

- Monitor economic performance across all credit decisions and partner with our business and risk team to identify improvement opportunities

Qualifications: CA / MBA / post graduate in management/finance

Experience : 18+ years' experience in banking / financial sector with expertise in credit delivery/ underwriting, policy, risk of Corporate, SME, Retail & Consumer finance.

Functional Competencies:

- Should have thorough knowledge in various facets of Credit administration including processing of proposals, credit analysis, restructuring, syndication etc

- Strong understanding of operational, legal and credit risk across the full range of industries

- Strong project appraisal skills and ability to translate desired business concepts to actual processes for implementation

- Thorough understanding about the laws of the land and RBI/other regulator 's prudential norms for Banks/NBFC

Only Candidates willing to relocate to or currently based at Chennai need apply

Women-friendly workplace:

Maternity and Paternity Benefits