Credit Manager-Wholesale Banking

IDFC FIRST Bank; Chennai District; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

IDFC FIRST Bank in Chennai requires a seasoned Credit Manager for Wholesale Banking to oversee corporate client portfolios, manage risk, and enhance product breadth. You will lead credit risk assessments, monitor asset quality, and drive risk governance across the portfolio.

The role emphasizes effective account relationship management, ensuring regulatory compliance, and delivering comprehensive banking solutions to maintain wallet share in target markets.

Qualifications

• Minimum 5 years of relevant experience in credit risk management, preferably in wholesale or corporate banking.
• Strong analytical and decision‑making skills with ability to assess complex financials and risks.
• In-depth understanding of credit risk assessment, regulatory frameworks, and risk governance.
• Excellent communication and stakeholder management abilities to influence cross‑functional teams.
• Proven leadership and mentoring capabilities to guide risk teams and drive policy adherence.

Responsibilities

• Develop, maintain, and improve credit risk management strategies and risk tolerance for the corporate lending portfolio.
• Conduct independent credit risk assessments focusing on asset quality, pricing, collateral, financials, management, and industry outlook.
• Provide recommendations on credit ratings and risk-return to approval committees.
• Engage with business teams to ensure alignment with risk appetite and identify early warning signs of stress.
• Review client rating models, financial performance, and external ratings for portfolio quality and regulatory compliance.
• Lead portfolio reviews and assess early warning signal effectiveness to minimize risk.
• Ensure timely generation and dissemination of portfolio risk reports and dashboards.
• Oversee enterprise risk management policy implementation and regulatory compliance.
• Review bank products and processes to provide risk mitigation and training to teams.

Skills

Analytical skills

Decision making

Communication skills

Stakeholder management

Leadership

Risk process innovation

Integrity & compliance

Customer-centric mindset

Education

Any graduate

Any postgraduate

Job description

Job Requirements

About the Role

Credit Manager – Wholesale Banking

will manage a sizable portfolio of corporate clients, ensuring portfolio health, and minimizing stress accounts or NPAs. The role holder will be responsible for enhancing the breadth and depth of product offerings to maintain a competitive edge in target markets. A key focus will be on effective account relationship management to optimize customer satisfaction, retention, and wallet share by offering comprehensive banking solutions.

Key Responsibilities

Primary Responsibilities

• Develop, maintain, and continuously improve credit risk management strategies, frameworks, and risk tolerance levels for the corporate lending business.
• Conduct thorough and independent credit risk assessments of all proposals, focusing on asset quality, pricing, collateral, financials, management quality, and industry outlook.
• Provide recommendations on credit ratings and risk-return ratios to the appropriate approval committees.
• Engage extensively with business teams to ensure alignment with the bank’s risk appetite and identify early warning signs of stress.
• Continuously review client rating models, financial performance, and external ratings to ensure portfolio quality and regulatory compliance.
• Lead portfolio reviews and assess early warning signal effectiveness to minimize risk.
• Ensure timely generation, dissemination, and follow-up of portfolio risk reports and dashboards in line with defined procedures and quality standards.
• Oversee the implementation of enterprise risk management policies and ensure compliance with all regulatory and internal requirements.
• Periodically review bank products and processes, providing risk mitigation controls and training to business teams.

Secondary Responsibilities

• Provide inputs to policy and product teams based on industry changes and trends.
• Support the formulation and revision of credit policies.
• Collaborate with internal stakeholders to enhance risk governance and operational efficiency.

What We Are Looking For

Education

• Graduation: Any Graduate
• Post-Graduation: Any Post Graduate

Experience

• Minimum 5 years of relevant experience in credit risk management, preferably in wholesale or corporate banking.

Skills and Attributes

• Strong analytical and decision-making skills.
• In-depth understanding of credit risk assessment, financial analysis, and regulatory frameworks.
• Excellent communication and stakeholder management abilities.
• Proven leadership and team mentoring capabilities.
• Ability to drive innovation and continuous improvement in risk processes.
• High level of integrity, compliance orientation, and customer-centric mindset.