Search by job, company or skills

Latest Jobs, Job Vacancies, Recruitment - foundit Formerly Monster. Search 500,000 + Jobs openings . Apply online IT, Sales, Banking, Fresher, Walk-ins, Part time, Govt jobs, etc. on foundit Formerly Monster. Post your resume now!.

AVP Risk Management



    Job Description

    More Info

    Recruiter Info

10-12 Years
2 months ago
77 Viewed
0 Applied

Job Description

Siemens Financial Services India is a subsidiary of Siemens AG, with a vintage of almost 13 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.

What are my responsibilities

.To handle credit underwriting of new business transactions related to Factoring

.Make recommendation regarding credit decision to relevant authority based on risk assessment and analysis

.Ensure timely review / enhancement of limits assigned for Factoring

.Communicate effectively with the borrowers and internal stakeholders to address queries and provide credit decisions within agreed TAT

.Monitor health of the portfolio and identify potential risks and opportunities to mitigate the risk

.Stay updated on Industry regulations and best practices related to Credit underwriting and Factoring

.Continuously evaluate and improve the credit underwriting process to enhance efficiency and effectiveness.

.To participate in customer meetings when needed to fully understand the risks and opportunities.

.Participate and actively handle the audits.

.To liaise through structured meetings, with Management, Sales, and other members of the Risk Management team to ensure continuous improvement of business process.

What else do I need to know

Knowledge and Experience

.About 10 years of experience in risk or credit in a bank or a reputed NBFC in underwriting

.Knowledge of Supply Chain Financing, Factoring products is preferred.

.Experience in commercial finance is mandatory.

.Ability to take credit decisions.

.Quick learning ability

.Experience in LOS / LMS in a Bank or NBFC

.CA or MBA from an institution of repute

This role is based in Mumbai (Kalwa)

We're Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and we encourage 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 imagination and help us shape tomorrow,


Similar Jobs

Director Credit Risk Management

Company Name Confidential
Last Updated: 13-06-2024 11:41:23 PM
Home Jobs in Thane AVP Risk Management
Beware of Scammers

We don’t charge money for job offers