Credit Underwriter - Credit Risk - Renewable Energy (7-10 yrs)

Role & Responsibilities:

- To undertake a comprehensive study into the credit worthiness of applications for Infrastructure lending, cross verify the credit records of borrowers/guarantors & undertake critical analysis of risks (market, credit, interest, exchange & legal) associated with the application

- To ratify appraisal reports received from the credit teams of business groups for each application with internal credit ratings & evaluate recommendations received in support of lending decisions

- To ensure efficient turnaround time for validating the proposals and preparing the risk notes

- To get information about the borrower and the proposal from various networks and suitably use them in the proposal evaluation

- To monitor the compliance of internal and regulatory guidelines, companies act,income tax act etc.

- To have risk awareness about macro and sectoral issues related to infra financing

- To constantly evaluate the competitive norms in Banks and Leading NBFCs for Risk metrics and allowances and deploy the best practices in the organization

- To perform portfolio monitoring and analytics for effective risk monitoring & formulate compliance processes for new and existing business

- To monitor the infrastructure lending portfolio performance by continual analysis of fundamentals & reviewing the ratings, analyze the covenants and evaluate industry performance in that sector

- To devise various analytical tools to measure the portfolio health from various angles and highlight 'early warning' signals

- To review the covenants of loan proposals at frequent intervals and undertake action for serious deviations.

- To regularly upgrade credit procedures & ensure their compliance with internal & external rules of lending

- To manage a robust documentation mechanism for business proposals & develop MIS reporting for areas under risk management

- To maintain the credit committee notes, risk notes, final copy of credit arrangement letters

- To maintain accurate reports & analysis of portfolio risk variances & trends for the Infra lending portfolio

- To present periodic MIS to the Chief Compliance & Risk Officer and other internal and external stakeholders

- To coordinate with Business group to implement strong credit recovery mechanisms for default loans recovery and avoidance

- To coordinate with Business Group to ensure monitoring of repayment schedules of Infrastructure and Project finance borrower accounts & their timely recoveries

- To provide tactical inputs for action plan on critical accounts

- To work closely with the business team and legal team to take action against defaulting parties

Key Skills and Qualifications:

- Education: CA/MBA

- Experience: 7 to 10 yrs

- Working knowledge of infrastructure finance

- Sound knowledge and understanding of infrastructure sectors (specifically the renewable energy sector)

- Sound knowledge of financial statements, ratios and related analysis

- Self-motivated and customer oriented

- Sound problem solving and decision-making skills

- Good communications and interpersonal skills