Job Description – Risk Rating Unit
Role: Team Member – Risk Rating & Compliance
Role Objective:
Centralized unit independently validating the ratings for Corporate, SME, Business Banking, NBFC, MFIs, Brokers, and Bank Clients across the Bank.
Reporting Authority: Head – Risk Rating Unit
Education:
- CA/ MBA/ CFA or equivalent from reputed institute
Experience:
- 8 years of post-qualification experience preferably in Business or Credit Function of Bank/ NBFC
Job Description:
- Internal rating validation for Corporate, SME, Business Banking, NBFC, MFI, Broker, and Bank Clients across the bank. Key activities include:
- Detailed review and understanding of credit (industry, business, financials, management) and credit ratings
- Preparation of rating rationale along with rationale for any changes in risk scores
- Review deviations to the Credit Policy of the Bank
- Recommendations/comments on all proposals placed to Board Level Credit Committee with respect to policy compliance, portfolio risk, and industry prospects
- Approve judgemental rating action proposed as per delegation matrix
- Decision making along with the stakeholders (Credit/Business)
- Effective interaction with Business/Credit Groups across Large Corporates, Emerging Local Corporates, NBFC, Brokers, MFI, Projects, Small Micro Enterprises, and Business Banking
- Effective resolution of Internal Audit, External Audit, and RBI Queries
- Periodic review and updation of Industry Risk Scores, including addition of new industries as deemed appropriate
- Track latest Industry Developments by participation in seminars, conferences, and client site visits
- Benchmarking of companies within sectors
- Define and facilitate the achievement of Goals and Key Performance Indicators for direct reports and ensure effective implementation of the Performance Management Process
- Nurture talent within the team by providing Guidance, Ongoing Feedback, Coaching, and Development Opportunities
- Develop and nurture a Continuous Talent Pipeline for key roles in the division and provide mentoring for High Potential Talent
- Ensure adherence to Process and ability to work within pre-decided TAT
Skill Sets:
Functional:
- Strong understanding of Finance and Accounting Concepts
- Ability to identify key characteristics and drivers of diverse Sectors/Businesses
- Knowledge of Risk Assessment and Control
Soft Skills:
- Good Negotiation Skills
- Sharp Communication and Presentation Skills
- Team Player, handling resources
- Fosters a culture of Quality Focus in the organization by establishing systems/processes and encouraging, rewarding the right behavior
- Fosters a culture of Continuous Process Improvement and makes balanced investments in the right resources (Technology/People) for enhancing Efficiency and Productivity
