Senior Analyst / Lead Analyst - Credit Risk Review

Crisil; Pune District; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A financial services company based in Pune is looking for an experienced professional to support its credit risk review and quality assurance process. The ideal candidate should have 5-8 years of experience in quality control, preferably in wholesale banking credit operations. Key responsibilities include executing credit quality checks and ensuring adherence to banking policies. A CA or MBA in Finance is preferred. Attention to detail and understanding of credit risk frameworks are essential for success in this role.

Qualifications

• 5-8 years of experience in quality control or audit related to credit risk.
• Experience with wholesale banking credit operations preferred.
• Familiarity with regulatory requirements and risk management frameworks.

Responsibilities

• Support credit risk review and quality assurance processes.
• Execute credit quality checks and assessments.
• Prepare quarterly summaries outlining review observations.
• Align review templates with evolving credit policies.

Skills

Quality control experience

Understanding of credit risk

Attention to detail

Understanding of banking policies

Diligence

Education

CA or MBA Finance

Job description

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 basis 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