Assistant General Manager-Credit Risk

Grade : SM1

Designation: Assistant General Manager-Credit Risk

Manager – Credit Risk

Role Summary

The Credit Risk Manager’s role is envisaged to support establishing a robust risk management system, in the company. This includes to identification, measurement and mitigation of potential risks, while ensuring regulatory and internal compliances apart from reporting key risks to relevant stakeholders in a timely manner.

Key Requirements

Analytical Abilities

• Risk identification, measurement, mitigation and management: Assess the products, policies, process, plans and procedures to identify the various risks involved (credit, market, industry, operational, strategic, reputational, compliance and regulatory), to measure the risks and develop risk mitigation and management strategies.
• New products & initiatives: Evaluate and articulate the likely risks that the company may confront in its new products, process or new initiatives.
• Risk Monitoring: Monitor the risk of the portfolios to ensure they stay within agreed parameters of the Credit Policy and the Risk Appetite Statement
• Policy formulation and implementation: Develop company-wide risk management policy and risk appetite statement.
• Contribute to the development and improvement of existing credit approval systems and processes.
• Compliance: Ensuring compliance with all regulatory and legal requirements with respect to risk management function.
• Regulatory: Keep updated on regulatory changes and ensure incorporation of appropriate changes in the company’s policies and procedures.
• Keeping track of sectoral/industry/regulatory developments: Tracking developments in the industry / sector and economy in general to recognize and mitigate/manage emerging risks.
• Group level risk assessment and mitigation: Collaborate with risk managers of other companies in the group to identify and manage risks at the group level.
• Contingency Plans: Develop contingency plans for potential adverse events including market and sectoral events.
• Crisis Management: Assess the damage, taking necessary steps for recovery and restoring the business continuity at the earliest.
• Training: Support education and training initiatives to build risk awareness in the organization.

Reporting and Communication

• Prepare regular risk management reports for senior management and Board of Directors carrying key risk indicators, trends, risk concerns and mitigation strategies.
• Facilitate discussions within the risk management committee of the board and other board committees on various risk aspects.

Stakeholder Management

• business and operations of the company apart from the risks permeating its operating ecosystem and the sector.
• Ability to sift through the vast amount data and identify key items required for decision making.
• Ability to support the conclusions in a logically manner backed by required data and present the findings in a convincing manner
• Excellent ability to communicate complex risk information to the senior management with strong conviction
• Tactfulness and solution centric approach
• Strong process orientation
• An eye for detail

Education/Experience

• Any Bachelor's or Master’s degree from a reputed university. Preference would be given to Chartered Accountants or candidates with PG diploma or degree from reputed management institutions. Risk Management Certifications obtained from reputed global or national level institutions would be an added advantage.
• 10-12 years of experience in credit or risk management domain in NBFC or bank
• Expertise in credit risk management, including loan origination, portfolio monitoring, and collection strategies
• Experience in developing and implementing risk management models and frameworks.