Credit Risk Manager (For a banking client of Ppldynamics) - iHorizons

To review and sanctioning of NPL workout strategies and restructuring proposals within delegated authority. Monitor, control and quantify Non Performing exposures across all corporate and retail business lines. To provide independent assessments and recommendations on credit applications related to distressed assets and watch list borrowers risk rating 7 or worse. Act as second line of defense as integral partner under NPL workout framework, ensuring successful turnaround to achieve maximum recovery, minimizing losses as well as enhancing recoveries and adhering to regulatory requirements.

 Lead and review with high quality of analysis of credit applications for international, local corporate & SME, trade financing and High Net worth (HNWI) / VIP clients related to the non-performing assets and watch list (or else as needed) and make sensible recommendations with practical, and acceptable conditions / facility structuring to respective approval authorities in order to achieve a successful turnaround for a maximum recovery and enhance credit grading of accounts and accordingly the bank’s NPL ratio under proper control and adherence to regulatory requirements.
 To have a quality & effective one-to-one discussion with the Business and reach to an acceptable solution which addresses the risk concerns as well as of Business. All discussed changes to be effected in credit applications or agreed upon through email and document unresolved issues for record by email. Escalate unresolved issues to HC - RCRM which should normally be few;
 Checking that spreading and financial analysis is correctly carried out (where applicable) in the MRA and carry out appropriate re-classifications wherever necessary and ensure that MRA grading of account is appropriately done and reflects the underlying account risk classification.
 Based on analysis of credit requests and review of proposed facilities structure, validate customer ratings / grade, RAROC, expected loss and LGD calculation and estimate risk change to facilitate management decision making.
 Review provision memo/calculations presented by respective Business unit and recommend actions as deemed necessary in line with account status, company guidelines and the provision budget.
 Monitor the account progress as set out in the credit recommendation to ensure adequate management of accounts and adherence to the approved credit proposals.
 Understand, communicate and implement the Bank's and company policies, procedures etc.
 Help to establish and maintain sound credit risk disciplines, policies and practices in the bank’s Wholesale Banking portfolio;
 Promote a risk management culture that provides good analysis, sound judgment, flexibility and a correct “risk/reward” balance
 Support the Head of Credit- ‘Remedial Credit Risk Management’ in new initiative/ad-hock assignments.

Job Details

Preferred Candidate