Team Member – Risk Rating & Compliance

Job Description – Risk Rating Unit

Role: Team Member – Risk Rating & Compliance

Role Objective:

Centralized unit independently validating the ratings for Corporate, SME, Business Banking, NBFC, MFIs, Brokers, and Bank Clients across the Bank.

Reporting Authority: Head – Risk Rating Unit

Education:

• CA/ MBA/ CFA or equivalent from reputed institute

Experience:

• 8 years of post-qualification experience preferably in Business or Credit Function of Bank/ NBFC

Job Description:

• Internal rating validation for Corporate, SME, Business Banking, NBFC, MFI, Broker, and Bank Clients across the bank. Key activities include:
• Detailed review and understanding of credit (industry, business, financials, management) and 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, and industry prospects
• Approve judgemental rating action proposed as per delegation matrix
• Decision making along with the stakeholders (Credit/Business)
• Effective interaction with Business/Credit Groups across Large Corporates, Emerging Local Corporates, NBFC, Brokers, MFI, Projects, Small Micro Enterprises, and Business Banking
• Effective resolution of Internal Audit, External Audit, and RBI Queries
• Periodic review and updation of Industry Risk Scores, including addition of new industries as deemed appropriate
• Track latest Industry Developments by participation in seminars, conferences, and client site visits
• Benchmarking of companies within sectors
• Define and facilitate the achievement of Goals and Key Performance Indicators for direct reports and ensure effective implementation of the Performance Management Process
• Nurture talent within the team by providing Guidance, Ongoing Feedback, Coaching, and Development Opportunities
• Develop and nurture a Continuous Talent Pipeline for key roles in the division and provide mentoring for High Potential Talent
• Ensure adherence to Process and ability to work within pre-decided TAT

Skill Sets:

Functional:

• Strong understanding of Finance and Accounting Concepts
• Ability to identify key characteristics and drivers of diverse Sectors/Businesses
• Knowledge of Risk Assessment and Control

Soft Skills:

• Good Negotiation Skills
• Sharp Communication and Presentation Skills
• Team Player, handling resources
• Fosters a culture of Quality Focus in the organization by establishing systems/processes and encouraging, rewarding the right behavior
• Fosters a culture of Continuous Process Improvement and makes balanced investments in the right resources (Technology/People) for enhancing Efficiency and Productivity