Ambit - Assistant Manager/Manager - Credit & Broking Risk

Designation: Assistant Manager/ Manager

Business: BSG

Education Qualification: CA, MBA, CFA

Reports to: Group Risk Head

Key Skills Required:

Functional:

- Extensive expertise in Credit risk management

- Comprehensive knowledge and experience in conceptualizing & implementing credit risk management framework based on organizations risk appetite

- Coordinate with internal, statutory and regulatory auditors to provide and clarify audit queries related to risk desk will be added advantage

- End to end risk management for broking business.

- Knowledge of Institutional broking business

- Credit risk assessment for wholesale and structured lending products

a) Lending against Real estate

b) Lending against shares

c) Lending against charge on book debts and cash flows etc.

- Ability to take credit decisions in a timely manner and present to risk committee with recommendations

- Communicating with business CEO and Risk committee on a regular basis

- Experience in managing market risk and operational risk would be an added advantage

Behavioral:

- Excellent interpersonal and communication skills

- Analytical and thorough, with good attention to detail

- Good planning and organizational skills

- Commercial and economic awareness

- Good numerical skills

- Confidence in handling potential conflict situations

- Ability to manage and resolve complex disputes

- Highly motivated, with ability both to work alone and as part of a management team

Technical:

Knowledge essential

- Trading and RMS software- OMNESYS

- Basic functionalities for- NEAT & BOLT- is required- from Admin point of view

- Automation of Processes and MIS reports

Knowledge preferable

- Backoffice software- CLASS

- Surveillance software- ANAYLSE & CONTROL- and Risk software- RAKSHAK

- NCFM certificates- for Cash and Derivatives module. Also, certificate on Surveillance in Stock Market.

Key Role Responsibilities:

- Responsible for researching and analyzing credit risks, assessing credit history and approving or denying extension of credit to potential customers.

- Gathering information from credit agencies or analyzing financial information, such as company accounts, balance sheets, assets, trading history and projected growth plans

- Seeking references and confirming their validity and value

- To present the credit proposal to Risk Committee with recommendations

- Responsible for ongoing monitoring of the credit portfolio and suggest corrective actions if required

- Any experience/knowledge of broking industry would be an added advantage

- Preparing MIS / Portfolio reports for presentation to Committees / Forums.

- End to end Risk Management for broking business

- Evaluate risk related matters for Broking business

- Monitoring transaction alerts & acting on it.

- Regular review of Risk policies

- Draft / Frame risk policy / policies for broking business