Manager/Assistant Vice President - Credit Risk - Investment Bank

Job Location : Mumbai

Company : A leading Global investment Bank

About the team :

- The team operates as a credit risk control function within the Risk Management Division, reporting to the CRO.

The process for managing credit risk includes :

- Evaluation of likelihood that a counterparty defaults on its payments and obligations.

- Assignment of internal ratings to all active counterparties.

- Approval of extensions of credit and establishment of credit limits.

- Measurement, monitoring and management of current and potential future credit exposures.

- Setting credit terms in legal documentation, including margin terms and,

- Use of appropriate credit risk mitigants, including netting, collateral and hedging.

Overview :

- Corporate Credit Analyst managing a portfolio of corporate clients globally.

- This role involves undertaking thorough credit research & analysis on Corporate counterparties from across sectors, rating them and writing high quality Credit Memos.

- Manage a portfolio of corporate clients.

- Undertake periodic credit analysis of existing corporate clients which includes assessment of business, management and financial profiles.

- Support the team in initial credit related due diligence for prospective trading clients by undertaking comprehensive credit risk assessment and assigning ratings.

- Track various market movements and sector level developments, which are relevant to the performance of corporate counterparties and their risk profile.

- Manage counterparty exposures within set credit limits and investigate exposure movements.

- Support day-to-day trade approval process with accurate and timely responses.

- Participate in periodic stress testing exercises, investigating exposure movements in stress scenarios.

- Provide credit terms for legal documentation and participate in the overall legal negotiation process.

- Understand internal credit policies and ensure compliance of existing work streams with the relevant policies.

- Provide support in other ad-hoc projects that are undertaken by the team, for example scorecard development, sector reviews, data aggregation and validation etc.

Desired Profile :

- 4-12 years' experience in assigning credit ratings to corporates, across sectors.

- Strong analytical skills with a good eye for detail, ability to multi-task.

- Excellent report writing and verbal communication skills.

- Should be at ease in communicating with onshore credit team, clients and Front Office.

- Ability to perform efficiently and produce high quality work under tight deadlines Prior team management experience is a must.

- Good understanding of derivative trades, credit exposure and legal documentation is desirable, should have the aptitude to learn derivatives if no knowledge or prior experience.