Key Responsibilities:

1. Policy Formulation and Review

Develop and periodically review credit and lending policies for Commercial Banking (including working capital, term loans, trade finance, bill discounting, etc.) in alignment with:

- RBI Master Directions on Loans and Advances

- RBI Prudential Norms on Income Recognition, Asset Classification and Provisioning (IRACP)

- Fair Lending and Customer Protection guidelines

- Large Exposure Framework (LEF)

- Basel III / ICAAP requirements.

- Draft, update, and circulate Standard Operating Procedures (SOPs) and circulars governing credit appraisal, sanction, disbursement, and monitoring processes.

- Ensure policies reflect risk-based pricing, due diligence standards, and collateral management practices as per RBI norms.

2. Regulatory Compliance & Governance

- Track and implement all regulatory circulars, notifications, and Master Directions issued by RBI impacting Commercial Banking.

- Maintain a regulatory compliance matrix and ensure timely dissemination of changes to relevant stakeholders.

- Liaise with Compliance, Risk Management, and Legal teams to ensure policies are consistent with regulatory and internal frameworks.

- Support in preparation of submissions and reports for RBI inspections, internal audits, and Board-level committees (Credit Policy Committee, Risk Management Committee, etc.).

3. Credit Risk Framework & Portfolio Management

- Define and periodically review sectoral exposure limits, borrower group exposure norms, and internal rating requirements as per RBI prudential norms.

- Incorporate Early Warning Systems (EWS) and stress-testing mechanisms within the policy framework.

- Monitor policy exceptions, portfolio performance, and credit quality to identify policy gaps and recommend corrective measures.

- Ensure adherence to internal risk appetite statements and capital adequacy principles (Basel III).

4. Operational Excellence & Process Improvement

- Partner with Credit, Business, and Operations teams to ensure policy implementation through system integration (LOS/LMS).

- Support automation of policy rules and regulatory checks within credit decisioning systems.

- Identify process improvements for faster credit delivery while maintaining compliance and control.

5. Stakeholder Management & Capacity Building

- Conduct training sessions and workshops to sensitize business and credit teams on policy requirements and regulatory changes.

- Provide expert policy interpretation and guidance to front-line and credit officers.

- Represent the policy function in internal governance forums and regulatory interactions.

Qualifications & Experience:

- Education: Postgraduate in Commerce/Economics/Finance, Chartered Accountant or MBA (Banking & Finance).

- Experience: 8-15 years of experience in Credit Policy, Risk, or Credit Administration in Commercial / SME Banking. Last 3 years experience in Commercial Banking.

- Certifications (Preferred): CAIIB, FRM, CFA, or equivalent.

- Regulatory Knowledge: Strong familiarity with RBI Master Directions, circulars, and prudential norms applicable to banks.