Manager - Credit Risk Analytics

Position : Manager Credit Analytic

Identification Of The Job :

Function Name : Risk Management

Department : Risk Management & Collections

Reports to Function : Risk Management

Main Goals & Objectives :

This position ensures that the credit risk of company earning asset can be identified, measured and managed in timely and effective manner, by establishing sound risk indicators, risk acceptance criteria, risk classification system, risk mitigation measures and risk planning tool :

- This position ensures the readiness and implementation of effective SCORE CARD tool for Retail business in accordance with Group Risk Management & Method (GRM & M), Germany standards, through developing suitable statistical or expert based models, monitoring and validating the models, proposing credit approval rules and optimizing validation result, in order to effectively control credit risk during retail credit approval process, and increase the company productivity and profitability by providing automatic credit decision capability.

- This position is responsible to review the local RATING benchmark of partner auto-dealers, and supervise the rating process and results, which assure the compliance with GRM & M standard and the effective control of Wholesale credit risk during credit decision stage.

- This position develops and maintains some key risk policies and calculation methods, like risk provision policy, collateral policy, etc., according to both German and Indian relevant regulations, and prepares relevant actual/forecasted figures and reports, which supports the preparation of strategic risk inputs and assist the decision of department/company development plan.

- This position ensures regular and ad-hoc risk reporting to the management and GRM & M, by developing and managing monitoring tools and early warning indicator systems.

- This position is highly involved into strategic projects which need Risk Managements contribution, especially the ones require for data supporting.

Responsibilities / Tasks & Customers :

Main Tasks :

Score Card Management :

- To formulate and maintain the score card related guidelines according to internal and external regulations.

- To develop internal application score card module for retail business via analyzing company owned customer data by using statistics method e.g. logistic regression.

- To do performance evaluation for the developed score card with statistics method and suggest score card cut-off credit decision policy for Management.

- To commit the monitoring and validation function of the score card in terms of application population shift, delinquency development, acceptance and rejection rates on score basis, etc.

- To assure score card policy is in accordance with GRM & M requirement and fulfill the regular reporting requirement.

- To continually supervise the application performance of the score rules in terms of credit risk influence and fraud risk early warning.

Rating benchmark review and monitoring :

- To commit regular local benchmark review via statistics analysis for internal dealer customer data and external available information.

- To do regular rating monitoring to assure local rating procedure is in accordance with GRM & M requirement.

- To be pro-active on collection and application of external available industry benchmark information, e.g. data from consult companies.

- To fulfill regular reporting requirement of GRM & M.

Risk policies, risk planning and risk mitigation measures :

- To formulate and maintain company key risk policies, e.g. competency matrix, risk provision policies, collateral policies, etc., in accordance with company risk strategies, regulations of supervision authorities and GRM & M.

- To commit regular review for PD (Probability of Default) and LGD (Loss Given Default), which are the key influence factors of provision method, based on historical data analysis and expert opinion.

- To provide Accounting department risk provision result of company earning asset on monthly basis, in accordance with underlying risk provision policies.

- To assure readiness of a centralized collateral management system in the company according to the standardized requirement from GRM & M.

- To monitor the implementation of collateral policies and analyze collateral situation in the company.

- To calculate and project risk costs for Planning Round, Budgets, Business Financial Review and Forecast rounds and provide all necessary explanation, representation and approvals.

Risk Monitoring and Reporting :

- To fulfill Quarterly Risk Reporting and other related requirements of German Head Quarter.

- Prepare IGAAP and IFRS provisions.

- To manage risk reporting for FinRep and VOKUS. This include reporting of defaults, provisions, non-performing exposures, forbearance, asset encumbrance etc.

- Identification and reporting of Special Mentioned accounts.

- Local implementation of technical requirements of regulations released by RBI or European Banking Authority.

- To analyze and prepare monthly retail Portfolio Quality Review and demonstrate risk development in the portfolio.

- To analyze and prepare monthly Dealer Monitoring Report and generate early warning signal at dealer level.

- To monitor risk relevant intensified and problem loans.

- To manage ad-hoc reporting requirement as per I-OHB (International Organizational Handbook).

- To plan and execute Risk Management Committee and Operational Liquidity Committee meetings.

Involvement of strategic projects :

- Support of AWARE project from risk side.

- Involvement of MaRisk (Minimum Requirement of Risk Management) Project as local company role.

- Local Data Warehouse and Business Intelligence

- Data Quality Management Project.

- Support of Wholesale System Project e.g. Collateral management system.

- Support of Retail System project e.g. retail work-flow, Score card module design, auto credit decision process, etc.

Special Task :

- Upon the request or requirement from the team leader, achieving the special task in due diligence.

Education / Competencies/ Experience :

Education :

- Post Graduate Degree in Finance / Statistics or Chartered Accountant

Working Experience (in years) :

- At least 3 years in risk management area of financial institutions.

Remarks (Certificates etc.) :

- Holder of CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) is preferred.