Responsible for monitoring and managing risk for loans related to primary or secondary market; Monitor primary and secondary market fluctuations, evaluate exposure to risk and determine & execute appropriate actions; Also, responsible for collection of interest and completion of various regulatory requirements from reporting perspective.
- Monitoring of portfolio:
- Identify potentially risky clients / clients with portfolio at risk for the day, evaluate exposure against the portfolio of the client to ascertain extent of risk
- For the clients with significant price impact (based on criticality) get in touch with Relationship Managers/ clients to apprise them of the situation
- Determine actions such as online repayment, liquate the shares, etc. based on the portfolio and cover
- Review, maintain oversight and approve all transaction orders for execution
- Inform and take views from risk head / business head on various transaction orders; Evaluate the decisions for clients based on client relationship, related sensitivity/ ticket size and regulatory parameters
- Review of approved collateral list
- Analyze risk parameters, internal and external views on collaterals received as security against various loans
- Recheck categories for various scripts and review approval collateral list from MF and Equity
- Competition mapping against our list to measure inclusions and exclusions
- Share the list with RM, operations team and own team to be followed during the month
- Collection of interest
- Clients for whom interest is due/ pending (owing to technical reasons, bank operational issues, etc.), collect the interest within the monthly cycle
- Share information and updates with the RM and clients, if required, on interest due and pending action
- Post the deadline, take action to collect interest by way of selling the collateral to Due past Debit (DPD) and NPA minimized
- Marginalization
- Identify cases where there is risk shortfall as per RBI norms and ensure that shortfall amount emails are being shared with the client for intimation within 6 days
- High ticket monitoring and regulatory reporting
- Identify and closely monitor high ticket client such as promoter funding as the risk associated is high due to criticality and size of portfolio in order to protect the loan/ exposure
- Oversee and ensure that regulatory norms/ requirements are met for reporting (e.g. for any stock reaching beyond certain % need to be reported to exchange)
- Team development
- Participate in recruitment process to identify the right talent for various positions within the team
- Establish individual performance expectations and regularly review individual performance of the team
- Identify and create development opportunities, conduct trainings for team members to enhance functional knowledge
- System Improvements & Developments
- Work closely with stakeholders to improve overall systems giving a better experience to both internal & external stakeholders
- Continuously monitor existing systems and ensure immediate updates in line with changes in regulatory or business processes
Qualifications & Experience
- MBA / CA or equivalent qualification.
- 8+ years of experience in risk management within equity markets / secured lending.
(ref:iimjobs.com)
