RC&WC - MC:Credit Specialist

The Bank has a separate Coverage and Credit vertical for dealing with Mid corporates. All the credit proposals originating from the coverage team requires independent vetting and sign off from the credit team. Therefore, the underlying role is of utmost importance in deciding the right credit and taking the right decisions.

Credit Specialist-WCMC is responsible for managing the credit activities and processes of the WC-MC vertical for the designated location. The credit specialist should also lead and guide the credit analysts to ensure smooth functioning of the Credit, ensuring sanction of proposals within the defined TAT, with high credit quality standards.

• Responsible for taking credit decisions as a part of the sanctioning authority. Assisting the higher committees with decision making by providing insights by analyzing the overall risk profile of corporates including financial risk, business risk and management risk.
• Ensuring quality analysis compliant with RBI & the Bank's internal policy guidelines to lead to a conclusive decision making.
• Monitor and manage key trends for a designated portfolio, changes in the borrower's operating framework, economic developments as well as financial parameters of clients.
• Ensuring extremely minimal delinquency levels for the designated portfolio. Frequent client visits and promoter level interactions for monitoring the portfolio. Regular review of the portfolio A/Cs.
• Identifying potential early warning signals (EWS) and pro-actively taking corrective steps to ensure that the Bank's interest is protected.
• Ensuring that the cases are turn around strictly as per the expected timelines.
• Gather market intelligence with other banks/ financial institutions/rating agencies and entities to understand the market dynamics and risk trends.
• Liaising with various internal departments viz. Coverage, Risk, Compliance, Audit & Operations for effective management of portfolio.
• Interacting with the regulator and statutory auditors for the designated portfolio.

Chartered Accountant or MBA from a reputed institute or relevant Corporate banking experience of 10-15 years

For successful execution of the job, the candidate should possess:

Knowledge :

Knowledge of credit, industry and product trends

Knowledge of regulatory guidelines and norms

Skills :

Good communication (both verbal and written) skill in both English and the local language

Strong Excel and database manipulation skills, financial and statistical analysis skills

Abilities :

Ability to work effectively across functions

Ability to prioritize and make decisions in a fast-paced environment

Ability to work as a part of team and contribute towards team goals

Ability to work effectively across functions and demonstrated ability to coach and mentor others

Ability to manage multiple tasks/projects and deadlines simultaneously