Analyst, Specialist Credit Approval, Risk Management Group

Risk Management Group works closely with our business partners to manage the bank s risk exposure by balancing its objective to maximise returns against an acceptable risk profile. We partner with origination teams to provide financing, investments and hedging opportunities to our customers. To manage risk effectively and run a successful business, we invest significantly in our people and infrastructure.

Job Purpose

1. To give effective credit support for meeting the business targets.
2. To frame the lending policy framework, processes and workflow, assist in setting up the mortgages business in India.
3. To approve credit applications as per DOA judiciously.
4. Ensuring that quality of Bank s exposure in India is acceptable at all time.
5. Provide guidance to the team of relationship managers on areas of policy and processes.

Key Accountabilities:

• Underwiring the files as per laid down policy and process and other controls, etc for CLAP business
• To recommend / approve credit applications in line with agreed process workflows and policies after highlighting / considering all significant risks.
• To keep track of delinquency levels and ensuring that requisite follow up is being done to ensure that overdues are regularised in a time bound manner.
• To have a sound knowledge of the respective market especially C-LAP customer segment in terms of risks associated with this product.
• Vendor Management (Legal, Technical and others if applicable)
• To apply knowledge of RBI Regulations/ MAS Guidelines that govern credit dispensation, including the Loan Grading, Provisioning and Asset Classification regulations.
• To have a working knowledge of the general Legal framework in which the bank operates in India and apply the same.

Job Duties and Responsibilities:

1. Set up policy / processes for CLAP.
2. Approve Mortgage applications for his respective branch / location / region.
3. Portfolio monitoring / tracking escalation of adverse new events in the portfolio.
4. Ensure meticulous compliance with Bank s internal credit policy as well as regulatory guidelines.
5. Ensure compliance with the benchmark Turnaround Time.
6. Ensure proper guidance / support to the team of relationship managers.
7. Ensure processing of files within agreed timelines

Requirements

Six to ten years of experience in mortgages in Consumer Banking (preferably lending to MSME customers).

Professional qualification, graduate or post graduate degree, preferably in business, accountancy, economics, finance etc. along with sound domain knowledge of the mortgages business and market.

Core Competencies

• Good analytical skills
• Good presentation skills
• Good interpersonal skills
• Good knowledge of the industry

Technical Competencies

• Sound knowledge of policies / lending frameworks followed for this product.
• Good knowledge of credit evaluation methods, tools techniques
• Sound understanding of regulatory guidelines on credit issued by RBI (local regulations in India), MAS and local laws and regulations that impact businesses in general.
• Knowledge of various banking products and risks associated with them
• Adequate local knowledge of properties for cities in which he operates

Work Relationship

Good working relationship with Consumer Banking Relationship team, Consumer Operations, other product teams, RBI inspectors, regulators, and other external agencies.