RSK-Credit Risk Professional

Role & Responsibilities:

• Maintain strong oversight over the covenant monitoring process, early warning indicator (EWI) process, and other portfolio monitoring activities as per the current internal process framework of the team for a global portfolio of clients
• Set up from scratch various monitoring processes keeping in mind regional nuances given the global nature of the portfolio
• Ensure that the covenant compliance framework is robust and escalate cases with minimal headroom and any breaches promptly to the team head
• Coordinate on a quarterly basis or as per business requirements effectively with global front office deal teams to source data and manage stakeholders tactfully to ensure complete information is received on a timely basis
• Track various market movements and sector-level developments relevant to the performance of corporate counterparties and their risk profile from an EWI and covenant compliance perspective
• Manage covenant data, create a repository, and maintain the data and documentation as per policy and process
• Support daily covenant monitoring, quarterly documentation, and robust tracking of the global portfolio; escalate immediately and timely to the team head in cases where information is not provided or there is limited headroom under covenants
• Participate and lead in periodic covenant headroom review exercises, investigate cases of low headroom and breaches, and escalate these to the team head immediately
• Coordinate with various business teams globally, maintain a record of expected dates of receipt of covenant data, and effectively coordinate with business to ensure efficient running of the covenant compliance monitoring process
• Share findings at ad-hoc global forums in a clear and succinct manner
• Understand internal credit policies and ensure compliance of existing work streams with relevant policies
• Provide support in other ad-hoc projects undertaken by the team based on business requirements

Mind Set:

Mandatory:

• At least 1 year's experience in analytical credit operations, middle office, or collateral management, preferably in an investment bank
• Strong analytical skills with a good eye for detail and ability to multi-task
• Excellent written and verbal communication skills; should be at ease in communicating with global business deal teams and senior internal stakeholders
• Ability to perform efficiently and produce high-quality reporting, maintain a robust reporting framework, and escalate effectively on time
• Good understanding of covenants, credit exposure, and legal documentation is desirable; should have the aptitude to learn about covenants and maintenance financial reporting if no prior experience