Business Function
Risk Management Group works closely with our business partners to manage the banks risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.
Responsibilities
- To manage and monitor under writing team of his region, supporting them for meeting the business targets
- To frame the lending policy framework, processes, and workflow, assist in setting up an error free process across locations
- To approve credit applications as per DOA judiciously
- Ensuring that quality of Banks exposure in India is acceptable at all times
- Maintaining a NIL delinquent book across region and ensuring zero audit lapses and noting
- Provide guidance to the team of Mortgage counselors on areas of policy and processes
Key Accountability
- To recommend / approve credit applications in line with agreed process workflows and policies after highlighting / considering all significant risks
- To keep track of delinquency levels and ensuring that requisite follow up along with the Collections and Business team is being done to ensure that overdues are regularised in a time bound manner
- To have a sound knowledge of the Indian Western market especially Mortgages (both Home Loan and Loan Against property) in terms of risks associated with this product. Additional, expertise and knowledge on other location market is also an added advantage
- To apply knowledge of RBI Regulations/ MAS Guidelines that govern credit dispensation, including the Loan Grading, Provisioning and Asset Classification regulations
- To have a working knowledge of the general Legal framework in which the bank operates in India and apply the same
Requirements
- 5+ years of experience in credit underwriting preferably Chartered Accountant/MBA in finance
- Financial analysis, good communication and writing skills
- Industry and competition knowledge
Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
Primary Location
India-Delhi-New Delhi
Job
Risk Management
Schedule
Regular
Job Type
Full-time
Job Posting
Sep 27, 2024, 10:56:37 AM
