Chief Manager- Credit Risk

Utkarsh Small Finance Bank; Varanasi; On-site; INR 6,00,000 - 12,00,000; Full time

Job summary

An established industry player is seeking a skilled Risk Analyst with extensive experience in banking and risk assessment. In this pivotal role, you will leverage your analytical prowess to review loan data, develop scoring models, and prepare comprehensive risk dashboards for management. Your expertise in credit risk terminology and regulatory compliance will be crucial in guiding the bank's risk strategies. This position offers an exciting opportunity to lead a small team while collaborating with IT and other departments to enhance the credit approval process and ensure data integrity. If you are passionate about risk analytics and ready to make a significant impact, this role is for you.

Qualifications

• 7+ years of experience in Banking, preferably in Risk.
• Strong understanding of credit risk terminology and regulatory reports.

Responsibilities

• Analyze historical loan data and develop rating models for loans.
• Prepare risk dashboards and coordinate with stakeholders for model implementation.

Skills

Statistical Analysis

Credit Risk Assessment

Analytical Skills

Team Management

Education

Bachelor's Degree in Finance or related field

Master's Degree in Finance or related field

Tools

Excel

SQL

Job description

Roles and Responsibilities

• Review and analyze historical loan data to understand patterns from a default perspective.
• Apply statistical tools to analyze patterns and provide detailed assessments.
• Review and prepare risk dashboards for management that show all important risk parameters.
• Develop rating models/scorecards for various retail and corporate loans based on historical data.
• Regularly test scorecards/models and update them as necessary.
• Coordinate with various stakeholders for the implementation of rating models.
• Prepare and maintain a database of loan products from a risk assessment perspective.
• Ensure data is correctly captured in the system and coordinate with different teams to resolve issues.
• Coordinate with the IT team for the automation of the credit approval process.
• Review and prepare regular credit risk reports for Board meetings and other management committee meetings.
• Manage a small team to monitor the performance of the asset portfolio.
• Provide regular inputs for risk analytics and detailed data points impacting portfolio quality.
• Coordinate with the IT team for various projects, e.g., NPA, Perfios, Scorecard, etc.
• Prepare a Bank-wide Risk Dashboard to reflect the risk trends of the Bank.

Relevant Experience:

Overall 7+ years of experience in Banking (preferably in Risk).

Technical Competencies:

• Good understanding of credit risk-related terminology such as balance sheets, income statements, and asset inventory statements.
• Good understanding of various regulatory reports related to credit risks.
• Proficient in Excel, SQL, etc.
• Strong analytical skills and a thorough understanding of banking laws, regulations, and policies, with the ability to apply and explain complex regulatory, financial, and analytical concepts.

Interested candidates can share their resumes at [e-mail].