Manager - Credit Monitoring Group - Bank

Grade: MMI-MMII

Location: Mumbai

Overview of the Group:

Credit Monitoring Group does monitoring of the corporate banking advances and provides early warning signals, if there are signs of any in case of distress in the account. External and internal factors are continuously changing and are dynamic in nature, highlighting the need to assess impact of these factors on the Bank's assets. Bank is one of the largest lenders amongst Private Banks and has created assets across sectors. Credit Monitoring Group will monitor these assets and based on the inputs, proactive actions will be undertaken to mitigate the situation.

Job Role and Responsibilities:

- Monitoring of existing assets of corporates and provide Early Warning Signals (EWS)

- Work on inputs from risk and business about the client

- Have control over the industry/ accounts assigned and raise triggers for both internal as well as external factors affecting the assets

- Quarter and monthly reviews of the accounts with Monitoring Forum / Credit Monitoring Head

- Carry out unit/ plant inspections for the accounts assigned and make discreet reports

- To be involved in the stock audit of the companies allotted and have through understanding of the movement of Assets and Liabilities.

- End to end manage the monitoring of the accounts assigned and provide intelligence on the accounts

- To be involved in the decision making and approvals to be provided for any change in post sanction matters

Skills and Competencies:

- Ability to understand the financial reports such as balance sheet, cash flow statements and raise flag in case of anomalies

- Credit note preparation and working on CMA (Credit Monitoring Arrangement)

- Analytical and Business Intelligence skills

- Written and oral communication skills in English

- Good interpersonal skills

- Good report writing and presentation skills

Educational Qualifications:

MBA Finance/CA (Profiles with relevant credit & monitoring experience will be preferred)

Roopali Dhamija
Maven Workforce