Lead-Credit Risk

About the job

• POSITION DESCRIPTION JOB TITLE Lead-Credit Risk DEPARTMENT Risk LOCATION Head Office SUB-DEPARTMENT Credit Risk TYPE OF POSITION Full-time REPORTS TO National Manager- Credit Risk REPORTING INTO Manager- Credit Risk • ROLE PURPOSE & OBJECTIVE • To develop a Risk Management Framework for assessing, identifying, monitoring and reducing pertinent business and credit risks in the Micro finance, Rural Banking, MSME, Wheels, Gold Loan, Mid and Large corporates and FIG products. • To ensure implementation of the credit risk management policy approved by the board. • Report findings on portfolio delinquency, collection trends, concentration risks, Loan Utilization Checks. • Facilitate and review credit related policies and processes. • Continuous benchmarking of bank portfolio with industry position and implementation of an Early Warning Trigger mechanism. KEY DUTIES & RESPONSIBILITIES OF THE ROLE • Business/ Financials • Develop a Risk Management Framework for assessing, identifying, monitoring and reducing pertinent business and credit risks in all credit verticals • Design and monitor compliance to internal Risk Appetite statements for all credit verticals. • Report findings on portfolio delinquency, collection trends, concentration risks, Loan Utilization Checks, ring-leader and ghost lending instances etc. to top management/Board and Board Committees. • Continuous benchmarking of bank portfolio with industry position. • Design Early Warning Signals (EWS) framework and publish early signals of stress on regular basis. • Credit Risk Audit feedback to be addressed appropriately and timely. • Coordinate with business, credit, compliance and audit to formulate the risk management framework. • Provide inputs for Pillar III and ICAAP reports from Banking perspective. • Customer • Coordinate with business and credit to regularly monitor risk related to concentration, growth and portfolio. • Coordinate with compliance and audit to ensure external regulations and applicable policies are reviewed and implemented effectively. • Coordinate with IT and operations to implement new frameworks agreed by business and credit. • Drive communication of all risk related policies, guidelines, latest developments across the bank to facilitate compliance to it. • Internal Process • Regular review of the risk outlook and impact of portfolio quality and recommend risk mitigation measures, if warranted. • Ensure timely and accurate delivery of Credit Risk reports. Interpret the information and suggest actions for consideration by Senior Management. • Participate in scheduled meetings of Risk Management Committee (for credit risk only) • Proactively work on the monthly or quarterly regulatory reporting on risk related aspects. • Ensure the committee recommendations are documented and implemented effectively. • Review the risk policy documents are regularly amended suitably and obtain necessary approvals. • Provide inputs for collating Tranche I and II points as part of Risk Based Supervision. • Innovation & Learning • Build a capable team who can design and monitor the risk framework. • Maintain current knowledge of laws and regulations, keeping abreast with the most recent developments in regulations, notifications and circulars and disseminate the information regarding new regulatory developments. • Develop, coordinate and impart a multifaceted educational and training program that focuses on the elements of risk and related compliance program, and seeks to ensure awareness creation. • Maintain a knowledge base of strategy failures and implications, provide advice on preventive actions. • Ensure goal-setting, midyear -review and annual appraisal process happens within specified timelines for self and team. • Participate in industry level discussions to debate on the regulations or the best practices of risk management impacting micro banking. • Train credit and business on the risk management framework. • Participate in relevant business, credit, collections and audit reviews.

Requirements

• Risk Management
• Credit Risk
• Compliance
• Data Analysis
• Financial Reporting

Qualifications

• MBA in Finance
• Chartered Accountant
• Company Secretary
• Cost and Management Accountant

Preferred Technologies

• Risk Management
• Credit Risk
• Compliance
• Data Analysis
• Financial Reporting

About the company

Ujjivan Small Finance Bank focuses on providing financial services to the micro finance sector and rural banking, serving MSMEs, and various corporate clients. The bank emphasizes risk management, compliance, and customer service while ensuring economic access for its customers.