Senior FI Risk Analyst

IDFC FIRST Bank; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

IDFC FIRST Bank in Mumbai invites applications for a Senior FI Risk Analyst in Wholesale Banking Risk. You will manage credit appraisal, portfolio monitoring, and risk mitigation for financial institutions, including NBFCs, banks, and brokers.

You will ensure regulatory compliance, review rating methodologies, interact with clients and regulators, and drive risk actions to maintain a healthy portfolio. Experience in BFSI and wholesale risk is essential.

Qualifications

• Graduate (any discipline; CA preferred) full-time
• Postgraduate (MBA preferred) full-time
• 5–8 years of BFSI experience in Wholesale Banking Risk
• Roles suitable for Manager, Chief Manager or AVP level

Responsibilities

• Conduct credit appraisal for financial institutions.
• Evaluate and recommend exposure levels, collateral, and guarantees for banking/treasury products.
• Review adherence to rating methodologies and risk classification frameworks.
• Manage credit risk across wholesale banking products.
• Engage with clients for risk assessment and transaction execution.
• Monitor portfolio performance and control delinquencies.
• Interact with regulators for credit risk management.
• Share best practices within the team.

Skills

Credit appraisal

Risk assessment

Portfolio monitoring

Regulatory frameworks

Stakeholder management

Education

Graduate degree

Postgraduate degree

Job description

Job Title: Senior FI Risk Analyst

Department: Wholesale Banking Risk

Location: Mumbai

Reporting To: Head - FI Risk & Industry Research

Job Purpose: To manage the Banks credit portfolio of financial institutions (NBFCs, MFIs, Domestic & Foreign Banks, Brokers, Mutual Funds), including credit appraisal, portfolio monitoring, and risk mitigation. The role requires strong understanding of regulatory frameworks and internal policies.

Key Responsibilities:

Primary Responsibilities:

• Conduct credit appraisal for financial institutions in line with organizational policies.
• Evaluate and recommend exposure levels, collateral, and guarantees for banking/treasury products.
• Review and ensure adherence to rating methodologies and risk classification frameworks.
• Manage credit risk across wholesale banking products and transactions.
• Engage with clients for risk assessment and transaction execution.
• Align business partner expectations with the firms risk appetite.
• Facilitate portfolio reviews and recommend risk mitigation actions.
• Identify and elevate emerging risks to relevant stakeholders.
• Interact with regulators for credit risk management.
• Maintain a healthy portfolio with minimal NPAs.
• Monitor portfolio performance, trigger reviews, and control delinquencies.
• Share best practices within the team.

Secondary Responsibilities:

• Network with peers, rating agencies, and industry participants to stay updated on trends.
• Support team with deliverables and ad hoc MIS reports.
• Recommend process and policy improvements for operational efficiency.
• Collaborate with internal stakeholders to leverage synergies.

Education & Experience:

Education:

• Graduate (Any discipline; CA preferred) Full Time
• Postgraduate (Any discipline; MBA preferred) Full Time

Experience:

• 5 to 8 years in BFSI sector, specifically in Wholesale Banking Risk
• Suitable for Manager, Chief Manager, or AVP level .