Team Lead - Mid Office Group - Risk Management - BFS

Accountability :

Supporting Actions :

1) Limit Setting and Monitoring :

- Manage limit setting and monitoring activity based on SEBI regulations and internal policies.

- Ensure all SEBI regulation circulars, offer documents (SID) and internal policies are received from the Compliance team on an ongoing basis

- Ensure limits are set and modified in the Quantis system before trade details are entered by the Investment team

- Source offer documents of new schemes on an ongoing basis to set new limits in the Quantis system

- Manage ongoing credit limit setting and monitoring activity based on Credit Policy prepared by Investment Committee

- Assist in environment gathering and UATs for the Quantis system

2) Operational control over the Deal closure and disbursement process :

- Ensuring compliance of pre disbursal terms and conditions in line with internal credit policies. Documentation as per prevailing legal requirement and practice. (security documentation, Rollovers)

- Checking of Security/Transactional documents which are to be in line with approved formats

- Daily updating of credit related systems to include various credit related information related to documentation like Customers limit, Deferrals on basis of Credit Appraisal Note etc.

- Preparation and tracking of various MIS reports as per internal and regulatory reporting requirements.

3) Management of Breaches :

- Categorize breaches as hard, soft manual and soft based on severity of the breach and set up related conditions/ criteria in the Quantic system

- Prioritize soft manual breaches based on the time-bound nature of the trade

- Provide excel working and reasons related to soft manual breach as it requires a manual intervention from the MoG team

- Coordinate with Compliance team for authorization of exceptions on Quantis system to reset limit for transactions that meet soft manual breach conditions

- Discuss rejected deals with Compliance team to ensure all options have been considered before rejecting a transaction.

4) Stakeholder Management :

- Actively supporting the credit and risk functions by providing feedback for improving the portfolio with industry and market inputs

- Advising concerned stakeholders on issues, wherever necessary, pertaining to discrepancies in credit approval conditions

- Ensuring adherence to the standards & complying with all the audit requirements

- Maintaining Document Safe Keeping Records of each customer.

5) Documentation and Checks for Structured Transactions :

- Interact with trustees in Structured Transactions to collect collaterals (secured assets) that can be used as guarantee/ security cover

- Conduct checks on deal execution documentation, and provide legal opinion and internal approvals

- Ensure all pre disbursement and post disbursement condition checks are complete as per the agreed terms

- Ensure complete and accurate information of each transaction is received in a timely manner e.g. valuation of property

- Conduct quarterly checks of all secured assets of ongoing structured transactions

- Conduct periodic checks on financial standing of brokers empaneled for BSLAMC

- Collect and keep records of solvency certificates provided by the brokers.

6) Policy Monitoring and Reporting :

- Conduct checks on inter scheme policy pricing and IRS on an ongoing basis

- Ensure primary CPD documentation is within limits checks

- Coordinate with Risk, Investment Committee and Investment team for all internal policy changes and updates

- Prepare quarterly reports for Risk, Investment Committee and Investment teams

- Prepare reports on ratings, settlement, credit limit status and incremental exposure for CEO and Compliance Risk Offer on a quarterly basis

- Prepare Compliance Test Report and complete certification process for Investment Committee

- Have SMT discussions on breaches, limit changes and escalations on an ongoing basis.

7) Team Management :

- Support in interpretation and prioritization of work, and review work on an ongoing basis

- Coach and provide technical guidance to team members on an ongoing basis

- Undertake regular performance reviews of team members.