Job Description

We have been retained by a well-established, large size NBFC in their search for a Team Member-Credit to join their Office in Mumbai.

The client is one of the recognized players in project and structured finance space for large corporates. With an intent to capitalize on the opportunities across all the segments in diversified sectors, the client is entering into the mid-market segment (catering to businesses with turnover of 500 - 1500 crores. and in different sectors like chemical, petrol chemical, manufacturing, textiles, paper, auto/auto ancillary, agro-chemical, hospitality, Edutech etc.,).

Job Title: Team Member Credit (Large Corporates)

Experience: 2-6 Years

Job Location: Mumbai

Qualification: MBA in Finance from tier 1 Institute/CA

Industry Preference: Banking/NBFC

Job Role & Responsibilities :

The Credit Risk function is engaged in evaluating the creditworthiness of the loan applications for Infra lending divisions considering the quantitative & qualitative factors like ownership, size & market presence of the client business, capital adequacy, collateral quality, earnings quality, liquidity, management quality & client credibility & adherence to statutory requirements.

The Team Member - Risk is responsible for:

1. Scrutinizing the credit proposals on the above parameters. This includes understanding the business model of the client, critical analysis of business & financial risks, recommending tools/steps for mitigation of risks, financial ratio analysis, analysing the risk appraisal reports to support credit lending decisions & ensuring compliance with credit lending norms.

2. He is also responsible for review of portfolio cases and making periodic presentation for the same to Head Risk & Compliance and CCRO about performance of assets and compliance with terms and conditions under the loan agreement. He is primarily involved in building risk awareness about sectoral issues and regulatory policies related to infra business.

3. He would also ensure compliance with various statutory acts like companies act, income tax act, and regulatory guidelines of Reserve Bank of India.

The major challenges in this role are to keep continuous surveillance for portfolios of both project finance and structured finance businesses through inputs from market & other relevant sources, ensuring minimal NPAs through timely implementation of mitigation plans & monitoring the economic conditions & changes in statutory regulations.