Head - Credit Risk (12-17 yrs)

Job Specific Skills:

- Insights of putting robust PD, LGD and EAD models and allocating capital basis these risk factors. Creating awareness of these model with stakeholders to be adopted by the Institution for risk management

- Understanding of Statistical concepts of analysing credit risk data and developing economic capital model and development, back testing and governance of Corporate Credit rating models.

- Sound knowledge of credit risk appraisal

- Build and lead the team of corporate credit risk cell/ department.

Profile Risk:

- Understanding and experience of Statistical Concepts (various types of regression, classification, clustering, etc.) related to credit risk models

- Having knowledge in the areas of ICAAP and stress testing

- Implementation of qualitative and quantitative requirements of Basel framework/ RBI guidelines on credit risk management.

- Having understanding of modelling of PD, LGD, EAD as per Basel credit risk guidelines

- Skill and knowledge of data management (cleaning, transformation, tabulation, aggregation etc.) of data for statistical analysis

Role & Responsibilities:

- Responsible for Credit Risk Management Policies of the institution for Wholesale Credit portfolio so as to align it with the best Risk Management practices. Ensure implementation of the same and have internal governance around the same by incorporating the changes as per risk appetite, business strategy and regulatory changes.

- Putting quality analytical architecture as per Credit Risk Management Policy of the institution.

- Building, maintaining and reporting of economic capital models relating to corporate credit exposure of the institution. Build Governance framework for corporate credit risk modules

- Establishing risk mitigation strategies and controls. Establishing various control to mitigate various risk including framework and limits for concentration risk, tenor risk, industry/ sectoral risk, unrated, unsecured, sensitive and stress sectors, identify weak industries, etc.

- Satisfying regulator(s) and auditors on risk modelling, assessment and monitoring requirements relating to corporate credit exposure of the institution.

- Development and implement ECL framework for adequate loan loss provisioning.

- Providing input the credit approving committees on the risk from the portfolio and policy perspective.

- Analysing and reporting on credit risk metrics and trends.

- Presenting the risk outcome to Credit Risk management committee and risk management committee of the Board.

- Keeping abreast of industry trends and regulatory changes affecting credit risk.

- Develop and find tune credit risk stress testing framework as well as enterprise stress testing framework including credit risk.

- Assessing the credit risk framework basis SPARC data submissions to highlight the risk the committee formed for RBS data submission.

- Responsible for analysing various credit risk related regulatory submission and disclosures. Collaborating with various departments to ensure compliance with regulatory requirements.