Siemens Financial Services India is a subsidiary of Siemens AG, with a vintage of almost 15 years in India. It operates as part of Siemens AG's global financial services division, focusing specifically on innovative and tailor-made financial models like Leases, Loans, and Working Capital Solutions for segments ranging from SMEs to large corporates in India. The company's expertise spans across multiple industries, including healthcare, manufacturing, Renewables, Technology, Industry and more. This industry focus enables SFS India to understand the specific financial challenges and opportunities faced by businesses in different sectors and then tailormade financial solutions for customers in that Industry. SFS India leverages technology solutions to enhance its financial offerings. This may include digital platforms for loan processing, online account management, and data analytics for financial decision making.

In your primary role, you will be responsible for the following:

Handle credit rating assessments and reviews for large exposure customers in accordance with internal credit policies, underwriting guidelines, and risk management frameworks.
Conduct regular reviews of customer credit ratings based on updated financial statements, repayment track record, external credit ratings, industry developments, and other relevant qualitative and quantitative risk factors.
Prepare comprehensive credit analyses and make recommendations to the appropriate rating approval authorities, ensuring adherence to established credit policies and procedures.
Engage effectively with borrowers, Relationship Managers, Sales teams, and other internal stakeholders to obtain necessary information, address queries, and ensure ratings are finalized within agreed turnaround times (TATs).
Monitor the health and performance of the assigned portfolio by tracking key risk indicators, identifying early warning signals, and highlighting potential risks and opportunities for timely action and risk mitigation.
Support portfolio management activities through ongoing assessment of sector trends, customer performance, concentration risks, and emerging credit concerns.
Ensure compliance with applicable credit policies, rating methodologies, portfolio management guidelines, and regulatory requirements throughout the underwriting and review process.
Remain informed of industry trends, regulatory developments, and best practices in credit risk assessment, underwriting, and portfolio monitoring to enhance the quality of credit decisions.
Continuously evaluate existing credit underwriting and rating processes and recommend improvements to strengthen efficiency, consistency, risk identification, and overall effectiveness.
Participate in customer meetings, review discussions, and stakeholder interactions, where required, to gain a deeper understanding of business operations, financial performance, risks, and growth opportunities.
Actively support internal, external, and regulatory audits by providing required documentation, explanations, and timely resolution of audit observations.
Liaise closely with Management, Sales, Credit, and Risk Management teams through structured discussions and review forums to support sound credit decisions and continuous improvement of business processes.
Maintain accurate credit documentation, rating rationales, and portfolio review records to ensure transparency, auditability, and compliance with internal governance standards.
Support the implementation of portfolio monitoring frameworks, watch-list processes, covenant tracking, and escalation guidelines to facilitate proactive risk management.

We don't need superheroes, just super minds with a wining attitude!

Knowledge & Experience

Approximately 4-5 years of relevant experience in Credit Risk, Credit Underwriting, Portfolio Management, or Risk Assessment within a Bank, NBFC, or other regulated financial institution.
Proven experience in commercial finance and corporate credit underwriting, including the assessment of financial, business, industry, and management risks across diverse customer segments.
Strong understanding of credit policies, risk management principles, rating methodologies, portfolio monitoring frameworks, and regulatory requirements applicable to lending businesses.
Demonstrated ability to analyze complex credit proposals, evaluate risk-reward considerations, and make sound credit recommendations within delegated authority and policy guidelines.
Good understanding of financial statement analysis, cash flow assessment, credit structuring, covenant monitoring, and risk mitigation techniques.
Experience in monitoring portfolio performance, identifying early warning indicators, and supporting proactive risk management initiatives.
Hands-on experience with Loan Origination Systems (LOS), Loan Management Systems (LMS), and other credit/risk management platforms used within banks or NBFCs.
Strong analytical, problem-solving, and decision-making skills with the ability to interpret financial and non-financial information effectively.
Ability to work in a dynamic environment, manage multiple priorities, and deliver quality outcomes within defined turnaround timelines.
Demonstrated quick learning ability, adaptability, and willingness to continuously enhance technical and industry knowledge.
Effective communication and stakeholder management skills, with the ability to engage constructively with customers, business teams, and risk stakeholders.

Educational Qualifications

Chartered Accountant (CA) or MBA (Finance) from a reputed institution preferred.
Additional qualifications or certifications in Credit Risk, Financial Analysis, Lending, or Risk Management will be an added advantage.

Make your mark in the cool and exciting world at Siemens!

This role is based in Mumbai. You'll also get to visit other locations in India and beyond, so you'll need to go where this journey takes you. In return, you'll get the chance to work with teams impacting entire cities, countries – and the craft of things to come.

We're Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries Last but not the least, we're dedicated to equality, and we welcome applications that reflect the diversity of the communities we work in across Gender, LGBTQ+, Abilities & Ethnicity. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us craft tomorrow. #SFS

Senior Manager - Risk