Credit Analyst - CF - Mumbai

PeopleStrong; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading credit and lending institution based in Mumbai is seeking an experienced professional to assess the viability of credit lending proposals. This role involves deep analysis of market information, regular client engagements, and efficient management of turnaround times for proposal validations. The ideal candidate should possess strong communication skills, agility, and a graduate degree. You will interact with various stakeholders and guide teams for efficient decision-making in a dynamic environment.

Qualifications

• Strong communication skills for client interactions.
• Ability to manage stakeholder expectations effectively.
• Graduate degree in any field.

Responsibilities

• Assess and recommend viability of credit lending proposals.
• Analyze market information and current portfolio conditions.
• Ensure efficient turnaround time for validating proposals.

Skills

Communication

Stakeholder Management

CAM Preparation

Business Acumen

Agility

Education

Graduate

Job description

DEPARTMENT-1 Credit,Risk,Legal& Collections

DEPARTMENT-2 Credit - SME Retail

DEPARTMENT-3 Credit - Construction Finance

Country India

State Maharashtra

Worksite R-Tech Park Goregaon

Skills

Skill

Communication Stakeholder Management CAM Preparation Business Acumen Agility

Graduate

CERTIFICATION

Job Description

Key Result Areas

Supporting Actions

To assess/ recommend/ decide the viability of credit lending proposals based on institutionalized processes and dynamic market information

• To decision proposals within delegated authority
• To undertake analysis of the credit proposals based on and analysis of market information, current macroeconomic scenario, current portfolio concentration, etc
• To meet all clients above a certain threshold (for existing ones) on a regular basis, and meet all clients before disbursal in case of new proposals
• To undertake critical review of the credit proposals logged in with a view to especially bringing out the industry, business, financial, management and facility structure risk contained in the credit proposal. The role needs to bring out the collateral and other credit risk mitigation to take decision / facilitate the approving authority to take decision on the credit proposal.
• To engage with business teams in understanding the proposals submitted and extracting the relevant supporting information
• To suggest measures for ensuring workability of the loan proposals to the RMs, keeping risk in check like suggesting risk mitigation for the identified risks
• To ensure the ECL of the organization is under control
• To guide the Business Analysts on the business side in ensuring faster TAT.

To ensure efficient Turnaround time (TATs) for validating the proposals

• To ensure TAT within SLAs with analysis of the broad parameters for considering or not considering the given proposal
• To effectively deploy processes and mechanisms for ensuring high quality TATs for validating lending proposals & share the same with all concerned
• To liaise with the Regional/ Zonal Credit Heads and Zonal Sales Heads, RH and BH , credit committee and pricing committees for closing the approval process after validation from risk
• To ensure prompt resolution/ explanation of queries raised by sanctioning authorities

To regularly provide inputs for new products, processes & credit lending norms

• To undertake improvements in approval notes and other processes to meet dynamic market environment and needs of new customer segments
• To recommend new tools in the market that facilitate the monitoring processes

To perform portfolio monitoring and analytics for effective risk monitoring

• To monitor the C&IB portfolio performance by continual analysis of fundamentals & reviewing the ratings, analyze the covenants and evaluate industry performance in that sector
• To devise various analytical tools to measure the portfolio health from various angles and highlight ‘early warning’ signals
• To review the covenants of loan proposals at frequent intervals and undertake action for serious deviations
• To review reports and analytics on repayment schedules, covenant monitoring, modification in terms and loan sanction
• Protect from potential loss on the credit portfolio by detecting early warning signals of deteriorating risks and advising these to the business teams and senior management.
• To formulate strategies to reduce exposures where the credit risk has enhanced including complete recovery before the credit deteriorates to non-performing category;
• To work closely with the collection team and legal team to take action against defaulting parties

To work towards skill enhancement and team building

• To guide business analysts for better customer acquisition & provide them best-in-class knowledge on selection norms, new ways of proposal analysis & new concepts.