ICICI Bank - Manager - Credit Compliance

Essential Services: Role & Location Fungibility

At ICICI Bank, we believe in serving our customers beyond our role definition, product boundaries, and domain limitations through our philosophy of customer 360-degree. In essence, this captures our belief in serving the entire banking needs of our customers as One Bank, One Team. To achieve this, employees at ICICI Bank are expected to be role and location-fungible with the understanding that Banking is an essential service. The role descriptions give you an overview of the responsibilities; it is only directional and guiding in nature.

About the Role :

Manager - Credit Compliance

As a Manager in Credit Compliance the role would involve review of credit proposals received from various business groups within the Bank and advising business teams to comply with the regulatory guidelines and ensuring the proposals and queries are attended within the defined TAT.

Key Responsibilities :

- Application of RBI Master Directions on Credit Risk and Credit Facilities and other guidelines to various credit policies, programs and proposals.

- Interpretation and application of RBI circulars applicable to Stressed and NPA accounts of the Bank such as Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances, Prudential Framework for Resolution of Stressed Assets, onetime restructuring circulars, Sale of Stressed Accounts etc

- Developing capabilities to understand various loan products, credit appraisal, credit delivery and monitoring processes.

- Resolution of queries relating to interpretation on regulatory guidelines applicable to Wholesale Banking Group, Business Banking and other business groups

- Regular training of relevant stakeholders to close the knowledge gaps to avoid rework and delay in customer TAT.

- Work in a deadline-driven environment, prioritize and manage multiple projects simultaneously

Accountability :

The official would be accountable for proper implementation of RBI guidelines in the Bank and for the work/deliverables of the team, which is being managed by him, if any.

Key Qualifications & Skills :

- Education Qualification: CA/MBA with experience

- Experience in credit underwriting, preferably of MSMEs and Corporates

- Familiarity with RBI guidelines pertaining to Credit and NPA norms

- Passionate towards continuous learning and reading

About the Business Group :

The Compliance Group "Group" at ICICI Bank ensures compliance to the various regulatory guidelines. The Group co-ordinates with the regulatory authorities to understand the regulatory requirements, submission of data/information. The guidelines/communication received from the regulator is assigned to the various business teams and tracked till closure by the Group. The manner of compliance with respect to various regulatory requirements is also reviewed by the Compliance Group.