Key Responsibilities:
- Credit Risk Assessment:
- Develop and implement credit risk assessment models and methodologies to evaluate the
- creditworthiness of potential borrowers.
- Analyze credit data and financial statements to determine the degree of risk involved in extending
- credit or lending money.
- Monitor and review credit portfolios regularly to identify potential risks and make recommendations
- for risk mitigation strategies.
- Collaborate with other departments such as underwriting, collections, and compliance to ensure
- adherence to credit policies and regulatory requirements.
Analytics and Data Management:
- Utilize advanced analytics and statistical techniques for credit risk assessment.
- Develop predictive models for default probabilities and loan performance.
- Ensure data accuracy by extracting, cleaning, and managing datasets from multiple sources.
- Implement data governance practices for consistency and integrity.
- Stay updated on credit risk analytics trends and incorporate best practices.
Portfolio Management:
- Monitor and optimize the lending portfolio s performance.
- Conduct stress testing and scenario analysis to assess economic impact.
- Develop risk-return strategies while ensuring compliance with regulatory guidelines.
- Provide recommendations for portfolio diversification and capital allocation.
Credit Policy Development:
- Assist in refining credit policies based on risk assessments and data insights.
- Evaluate and enhance credit policies to mitigate emerging risks.
- Ensure alignment between credit policies, business objectives, and risk strategies.
- Conduct periodic reviews and audits to maintain compliance.
Reporting and Communication:
- Prepare and present reports on credit risk metrics and portfolio performance.
- Effectively communicate risk findings to stakeholders and decision-makers.
- Develop reports and dashboards for real-time insights into credit risk trends.
Continuous Improvement:
- Identify opportunities to enhance efficiency through process automation.
- Participate in cross-functional projects to strengthen risk management frameworks.
- Foster a culture of continuous learning and development within the credit risk team.
Required Qualifications:
- Inter CA/CA or Master s degree in Finance, Business, Economics, or a related field.
- 2+ years of experience in credit risk assessment, portfolio management, or financial analytics.
- Strong understanding of credit risk modeling, financial analysis, and data analytics.
- Knowledge of regulatory frameworks related to lending and risk management.
- Excellent communication and stakeholder management skills.
- Certification in risk management (FRM, CFA, or equivalent) is a plus.
