Yes Bank - Senior Manager/AVP - Risk Rating Unit

Job Description - Risk Rating Unit

Role Team Member - Risk Rating & Compliance

Role objective Centralized unit independently validating the ratings for corporate, SME, business banking, NBFC, MFIs, brokers, bank clients across the bank

Reporting Authority Head - Risk Rating Unit

Education CA/ MBA/ CFA or equivalent from reputed institute

Job Description:

- Internal rating validation for corporate, SME, business banking, NBFC, MFI, broker, bank clients across the bank. Key activities include

- Detailed review and understanding of credit (industry, business, financials, management), credit ratings

- Preparation of rating rationale along with rationale for any changes in risk scores

- Review deviations to the credit policy of the Bank

- Recommendations/comments on all proposals placed to Board level credit committee with respect to policy compliance/ portfolio risk/ industry prospects etc

- Approve judgmental rating action proposed as per delegation matrix

- Decision making along with the stakeholders (Credit/ Business)

- Effective interaction with business/credit groups across Large Corporates/ Emerging Local Corporates/ NBFC/ Brokers/ MFI/ Projects/ Small, Micro Enterprises/ Business Banking

- Effective resolution of internal audit/ external audit/ RBI queries

- Periodic review and updation of industry risk scores including addition of new industries as deemed appropriate.

- Track latest industry developments by participation in seminars, conferences and client site visits, interactions with clients, rating agencies, industry database providers,

- Benchmarking of companies within sectors

- Define and facilitate the achievement of goals and key performance indicators for direct reports and ensures effective implementation of the performance management process in the division.

- Nurture talent within the team by providing guidance, ongoing feedback, coaching and development opportunities to individuals to enable achievement of the defined goals.

- Develop and nurture a continuous talent pipeline for key roles in the division and provides mentoring for high potential talent in the organization

- Ensure adherence to process and ability to work within pre-decided TAT

Skill Sets:

- Functional Strong understanding of finance and accounting concepts

- Ability to identify key characteristics and drivers of diverse sectors/ businesses

- Knowledge of risk assessment and control

- Soft skills Good negotiation skills

- Sharp communication and presentation skills

- Team player, handling resources

- Fosters a culture of quality focus in the organization by establishing systems/ processes and encouraging, rewarding the right behavior

- Fosters a culture of continuous process improvement and makes balanced investments in the right resources (technology/people) for enhancing efficiency and productivity