Senior Analyst / Lead Analyst - Credit Risk Review

Crisil; Mumbai; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

A leading financial services firm based in Mumbai seeks a Senior Analyst / Lead Analyst for Credit Risk Review. This role demands experience in credit risk and quality assurance, requiring a deep understanding of credit operations and bank policies. Candidates should have 5-8 years of experience, preferably in wholesale banking credit operations. The firm offers a full-time position focused on financial services, ensuring high-quality reviews and actionable insights through effective teamwork and attention to detail.

Qualifications

• 5-8 years of work experience, including 3-4 years in quality control or audit functions.
• Understanding of counterparty credit risk themes such as stress testing and early warning indicators.
• Knowledge in designing and implementing quality assurance frameworks.

Responsibilities

• Support the Risk team in credit risk review and quality assurance.
• Develop review plans in line with bank’s risk standards.
• Produce actionable insights from quarterly reviews.

Skills

Quality control knowledge

Credit risk understanding

Attention to detail

Understanding of bank policies

Exposure to Market Risk

Education

CA (preferred)/MBA Finance

Job description

Senior Analyst / Lead Analyst - Credit Risk Review

Join to apply for the Senior Analyst / Lead Analyst - Credit Risk Review role at Crisil.

Experience in credit risk, with good domain understanding of wholesale credit risk.

Job Duties

• Support the Risk team of global banks in credit risk review/Quality Assurance program, requires strong credit domain and sector expertise as well as understanding of bank’s policies and procedures.
• Develop and obtain approval for monthly/quarterly review plans in line with bank’s risk review program standards, ensuring adequate coverage of key credit assessment processes and governance activities for portfolios.
• Develop review templates/test scripts leveraging domain expertise across Corporates (including leveraged lending portfolio, Hedge Funds, Private Equity, Real Estate, SPVs / Special Assets etc.).
• Execute reviews and perform credit quality checks encompassing the following:
  • Planning, execution, and reporting reviews including recommendation. Review procedures will include assessing the:
  • Accuracy of input data (critical data points) as applicable for the business line.
  • Completeness of all steps, information and processes required for credit risk assessment.
  • Adherence to applicable bank policies and critical procedures for credit reviews.
• Ensure completion of reviews as per the approved monthly/quarterly review plan, including preparation of quarterly summary outlining the observations from the review exercise.
• Produce actionable insights or corrective action for improvement of the risk review program based on the monthly/quarterly summary.
• Update review templates/test scripts to align with evolving credit risk policies and processes and regulatory environment.

Qualification

CA (preferred)/MBA Finance.

Skills Required

• 5-8 years of work experience of which 3-4 years preferably in quality control / quality assurance / audit, including exposure in wholesale banking credit operations, internal audit, credit risk, loan review or quality assurance review function at an investment or large commercial bank.
• Understanding of key counterparty credit risk themes such as Stress testing, Early warning indicators, Wrong way risk, exposure modelling including PFE, collateral (full understanding of ISDA / CSA protocols and complexities) and margining processes including key regulations.
• Understanding of risk management and controls frameworks related to counterparty credit risk management or another financial risk discipline.
• Exposure to Market Risk and Credit Risk products such as Interest Rate, Equity, Collective Investment.
• Understanding Foreign Exchange (FX), Securities Financing Transaction, Derivatives position (Standard approach and Internal Model), Loans and Off-balance sheet items would be an added advantage.
• Ability to understand and track implementation of organizational policies and regulatory requirements.
• Knowledge and experience in designing and implementing robust Quality Assurance/control framework.
• High level of attention to detail and accuracy; diligence and hard work.

Seniority Level

Mid-Senior level

Employment Type

Full-time

Job Function

Finance and Sales

Industries

IT Services and IT Consulting