Credit Officer, Associate

Deutsche Bank AG; Mumbai; On-site; INR 800,000 - 1,400,000; Full time

Benefits offered by this job

Leave policy

Parental leave (gender neutral)

Child care assistance

Flexible working arrangements

Education sponsorship

Employee assistance program

Hospitalization insurance

Term life insurance

Health screening for employees

Job summary

Deutsche Bank AG in Mumbai invites applications for a Credit Officer, Associate within the Risk division. You will perform credit analysis for corporates and financial institutions, write rating reviews, and monitor exposures across international portfolios to support prudent credit decisions.

This role requires strong analytical skills, deep understanding of financial statements, and knowledge of banking products.

Qualifications

• MSc/MA/MBA/CA/CFA or equivalent qualifications.
• Credit underwriting experience.
• Strong analytical skills and financial statement analysis.

Responsibilities

• Undertake accurate and timely credit analysis of counterparties.
• Write rating reports and credit reviews for approval.
• Monitor assigned international portfolios and assess credit risk.
• Understand banking products and credit documentation.
• Support KCPs with checks and data updates in the credit system.
• Monitor limits and exposure, update credit relevant data.
• Participate in ad-hoc portfolio and regulatory projects.
• Ensure compliance with local and global regulations.

Skills

Credit underwriting

Analytical skills

Financial markets knowledge

Accounting background

Financial statement analysis

Cash flow projections

Project finance

Education

MSc / MA / MBA / CA / CFA

Job description

Job Description: In Scope of Position based Promotions

Job Title: Credit Officer, Associate

Location: Mumbai, India

Role Description

Risk division has a fundamental responsibility to protect the Bank. With group-wide responsibility for the management and control of credit, market, operational and reputational risks, we have a unique vanguard point allowing us a holistic view of our businesses and our clients. Nearly 4,000 employees work together in our division to achieve our ambition to be an industry-leading risk management organisation. In an increasingly complex environment, risk management is fast-becoming the most sought after place to build a career within the banking world. Risk at Deutsche Bank is relied upon to help shape the strategy of the organisation and the wider industry agenda. The Global Credit Analytics Function (GCAF) is entrusted with the work of assigning and surveillance of Probability of Default Rating to Corporate and Institutional counterparties of the Bank. As part of Risk’s transformation journey, GCAF is bringing Credit documentation to its purview and requires strong analysts to handle the same.

What we’ll offer you

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Undertake accurate and timely credit analysis of counterparties (including Corporates and FIs) by identifying business and financial risk based on understanding of business model, financial statement analysis, preparing cash flow model/ forecast and peer analysis.
• Write Rating reports and credit reviews/analysis for recommendation to Senior members for approval.
• Active participation in Live trades with onshore credit officers (KCP) by understanding the trade dynamics, providing your recommendation and completing the credit write-ups (Addendum) for the same.
• On-going monitoring & surveillance of assigned international portfolios, including rating changes, market/industry developments,news events, etc and assessing the impact on credit worthiness of the counterparty, keeping DB’s exposure in mind.
• Understand the various banking products (including Trade Finance and Derivatives) and credit documentation for the same.
• Support the KCP with appropriate checks and its inclusion in the credit reviews.
• Monitoring of limits/exposure: Updating Limit amendments and credit relevant data updates in the credit system.
• Exposure monitoring and timely clearance of Excess tickets.
• Timely monitoring of covenants and regular discussion with KCPs.
• Manage own credit portfolio and assist senior decision makers to make informed decisions based on your recommendations.
• Interface directly across with the Credit officers (KCP) and other stakeholders (business side, Exposure managements, and various ops teams) to ensure complete understanding of DB’s exposure and timely completion of the credit reviews.
• Participate in ad-hoc projects related to portfolio exercises (industry/regional exercise), regulatory developments, sector notes, audit exercises and support onshore KCPs for various business strategies.
• Ensure compliance with relevant and applicable local and global regulatory and policy requirements.

Skills and experience

Relevant professional qualifications are MSc / MA / MBA / CA / CFA, etc. Relevant work experience in credit underwriting Strong analytical skills, knowledge of financial markets and economic/industry trends Strong accounting background, knowledge of financial ratios, financial statement analysis, cash flow projections or project finance.

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information: https://www.db.com/company/company.html We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment. For over 150 years, our dedication to being the Global Hausbank for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities. Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management (DWS) division. Together we can make a great impact for our clients at home and abroad, securing their lasting success and financial security. More information at: Deutsche Bank Careers (db.com)