Credit Risk Manager/Team Member - Credit - NBFC

Company - One of the leading NBFC

Designation - Credit Risk Manager

Job Description -

The Team Member - Credit is responsible for scrutinizing the credit proposals on the above parameters. This includes understanding the business model of the client, critical analysis of business & financial risks, recommending tools/steps for mitigation of risks, financial ratio analysis, analysing the risk appraisal reports to support credit lending decisions, & ensuring compliance with credit lending norms. He is also responsible for review of portfolio cases and making periodic presentation for the same to Head Risk & Compliance and CCRO about performance of assets and compliance with terms and conditions under the loan agreement. He is primarily involved in building risk awareness about sectoral issues and regulatory policies related to infra business. He would also ensure compliance with various statutory acts like companies act, income tax act, and regulatory guidelines of Reserve Bank of India.

Principal Accountabilities -

- To undertake comprehensive credit analysis and evaluation of Infra and Project lending proposals

- To undertake a comprehensive study into the credit worthiness of applications for Infrastructure lending, cross verify the credit records of borrowers/guarantors & undertake critical analysis of risks (market, credit, interest, exchange & legal) associated with the application

- To ratify appraisal reports received from the credit teams of business groups for each application with internal credit ratings & evaluate recommendations received in support of lending decisions

- To ensure efficient turnaround time for validating the proposals and preparing the risk notes

- To get information about the borrower and the proposal from various networks and suitably use them in the proposal evaluation

- To monitor the compliance of internal and regulatory guidelines, companies act, income tax act etc.

- To have risk awareness about macro and sectoral issues related to infra financing

- To constantly evaluate the competitive norms in Banks and Leading NBFCs for Risk metrics and allowances and deploy the best practices in the organization

- To perform portfolio monitoring and analytics for effective risk monitoring & formulate compliance processes for new and existing business

- To monitor the Infrastructure lending portfolio performance by continual analysis of fundamentals & reviewing the ratings, analyze the covenants and evaluate industry performance in that sector

- To devise various analytical tools to measure the portfolio health from various angles and highlight 'early warning' signals

- To review the covenants of loan proposals at frequent intervals and undertake action for serious deviations

- To regularly upgrade credit procedures & ensure their compliance with internal & external rules of lending

- To manage a robust documentation mechanism for business proposals & develop MIS reporting for areas under risk management

- To maintain the credit committee notes, risk notes, final copy of credit arrangement letters

- To maintain accurate reports & analysis of portfolio risk variances & trends for the Infra lending portfolio

- To present periodic MIS to the Chief Compliance & Risk Officer and other internal and external stakeholders

- To coordinate with Business group to implement strong credit recovery mechanisms for default loans recovery and avoidance

- To coordinate with Business Group to ensure monitoring of repayment schedules of Infrastructure and Project finance borrower accounts & their timely recoveries

- To provide tactical inputs for action plan on critical accounts

- To work closely with the business team and legal team to take action against defaulting parties