Team Member-Credit Risk  Principal Accountabilities:  Overall purpose - to have the desired portfolio quality   - Protecting the balance sheet of the company by managing the asset quality of portfolio of the Wholesale Platform of L&T Financial Services (which includes three verticals namely L&T Infra Finance, L&T FinCorp and L&T IDF) relating to the designated sectors by identifying, monitoring and mitigating credit risk.  - Actively monitoring the allocated portfolio of loans in the designated sectors   - Providing support on sector related issues by regularly scanning sector developments, analyzing the likely impact of same on allocated portfolio of assets and recommend corrective action to mitigate potential risks.   - Providing support for establishing minimum standards for financing of projects in the designated sector, and setting exposure limits along with the Team Manager and the Team Leader for designated sector which serve as the bench mark and guidelines for the organisation.  - Providing support to the Team Manager for acting as gate keepers for the proposals in the designated sector to ensure that the standards and limits are met and the proposal is credit worthy in all respects before it is presented to the Internal Credit Committee for approval.   - Providing support to the Team Manager for acting as control points from credit risk perspective for disbursements and modification of terms pertaining to the designated sectors  - Conducting a detailed re-rating exercise for each asset in the allocated portfolio. Each re-rating is defended by the Manager and Team Manager before Head-RAMG/Head-Credit Risk prior to finalizing the same  Job Purpose:   Sector Expertise:  - Support in developing sector expertise in the allocated sector so as to act as an in-house expert for the particular sector for all stakeholders within the Wholesale Platform of L&T Financial Services (which includes three verticals namely L&T Infra Finance, L&T FinCorp and L&T IDF).   - Provide support in developing minimum criteria for financing of projects for designated sectors in consultation with the Team Manager and Team Leader and ensure that the same are followed for each proposal.   - Provide support in preparation of sector presentations and discussion papers on the allocated sectors along with the Team Manager and Team leader to the Senior Management and Internal Credit Committee to aid in decision making, meet external parties / developers periodically for sector updates.  Credit assessment of loan proposals:  - Supporting Team Managers to ensure that all credit proposals are credit worthy and all benchmarks are duly satisfied before the proposal is presented to the Internal Credit Committee for approval by conducting detailed due diligence on the credit worthiness of the loan/investment proposal (flash notes, appraisal notes) prepared by the business team.   - Supporting identification of risks and suggest suitable credit mitigation and/or credit enhancement measures to strengthen the proposal. The process includes analyzing the management and financial capability of the promoter and conducting a detailed assessment of construction risk, operating risk, regulatory risk, market risk, financing risk, etc.   - Supporting in assigning a Credit Rating to the proposals and preparing risk based indicative pricing for the proposal.   Credit Risk view on disbursements and modification of terms:  - Providing support to the Team Manager for acting as control points from credit risk perspective for disbursements and modification of terms pertaining to the designated sectors  - Conducting a detailed re-rating exercise for each asset in the allocated portfolio. Each re-rating is defended by the Manager and Team Manager before Head-RAMG/Head-Credit Risk prior to finalizing the same  Active Credit Monitoring of designated portfolio involving:  - Support in the engagement with internal stakeholders such as business team, accounts team, legal team, etc. and external stakeholders such as lenders engineer, valuers, consultants, etc.   - Actively tracking client's commercial performance, monitor compliance with stipulated covenants, review reports submitted by lenders engineer, lenders insurance agent, etc.   - Conducting a detailed re-rating exercise for each asset in the allocated portfolio. Each re-rating is defended by the Manager and Team Manager before Head-RAMG/Head-Credit Risk prior to finalizing the same.   - Calculating value of security cover for all the assets in the allocated portfolio  - Providing support in the periodic asset review for the allocated portfolio  Special assignments:  - Execution of special assignments for supporting management decisions including but not limited to preparation of Standard Financial models for various sectors, standard formulas and guidelines for usage for financial analysis and ratios, guidelines for scoring for the rating models, detailed guidelines for calculating security valuation etc  Education Qualifications:  - Post Graduate Diploma in Business Management / MBA or Chartered Accountant  - Good understanding of Financial Concepts (Profit & Loss, Balance sheets, Cash Flows), Knowledge of Financial Modelling & Transaction structuring  - Behavioural profile - Communication / Interpersonal skills, Negotiation skills

Mumbai

L&T Financial Services - Team Member - Credit Risk - Power Sector 

L&T Financial Services - Team Member - Credit Risk - Power Sector  ,Job Description for L&T Financial Services - Team Member - Credit Risk - Power Sector  in L&T Financial Services in  Mumbai for (1-4) years of experience. Apply Now!

Job Description for L&T Financial Services - Team Member - Credit Risk - Power Sector  in L&T Financial Services in  Mumbai for (1-4) years of experience. Apply Now!