IndusInd Bank - Senior Credit Analyst/Analyst

Job title: Senior Credit Analyst/ Analyst

Grade Band: AVP/DVP

Location: Mumbai / Pune / Delhi / Hyderabad

BU/Function : CRO

Reports to: Zonal Head

Role Details:

- Appraisal of credit proposals submitted by business team in line with the policy within laid down TATs.

- Validation of details/analysis presented in the proposal. Ensuring that details presented are in line with internal/external guidelines.

- Advise/propose modification in credit structures if required.

- Regular monitoring of account performance, escalating breaches, red flags in timely manner.

- Keeping abreast with latest developments in economy, industry. Training team members.

Overall Job Description:

- Vetting proposal of prospective ELC proposals (turnover range of Rs. 150 to 750 Crs) for fund based exposure like Working Capital, Overdraft/Cash credit/Term Loan etc. and non-fund based exposure like Letter of credit / Bank Guarantee etc.

- Client meeting, do evaluation of prospective customer and market, understand client's requirement, structuring proposals/deals within Banks credit guidelines, Credit Programs and customers requirement.

- Monitoring economic and industry developments as well as financial parameters of clients to detect potential risk triggers or signs of stress and taking appropriate steps to mitigate risks.

- Performing detailed credit and background reference checks on all prospective for ELC Clients.

- Make presentation to sanctioning committees for sanctions and approval of credit files as per bank policy.

- Joint monitoring of portfolio with account relationship team based on early warning systems.

- Preparing Risk/ Rating sheets making recommendations to approving committees.

- Monitoring of portfolio on ongoing basis for early warning signals.