Risk Analytics-Loans-Mumbai
Job Description:
Job Overview: As a Risk Analyst specializing in loan assessment, you will play a crucial role in evaluating the creditworthiness of loan applicants and developing risk mitigation strategies for the bank's lending portfolio. You will analyze financial data, identify potential risks, and contribute to effective decision-making processes that support the bank's lending policies and objectives.
Key Responsibilities:
- Loan Evaluation:
- Assess loan applications by analyzing the financial statements, credit history, and other relevant documents.
- Perform credit risk assessments on individual borrowers and corporate clients to determine their capability to repay loans.
- Risk Analysis:
- Utilize statistical methods and financial modeling techniques to predict potential default risks and loss exposure.
- Monitor macroeconomic trends and their impact on the bank's loan portfolio.
- Reporting:
- Prepare risk assessment reports and presentations for senior management, highlighting key findings, risks, and recommendations.
- Maintain comprehensive documentation of risk analysis processes and decisions.
- Policy Development:
- Assist in the development and enhancement of credit risk policies and procedures.
- Collaborate with the compliance team to ensure adherence to regulatory requirements and internal guidelines.
- Portfolio Management:
- Monitor the overall health of the loan portfolio and identify early warning signs of potential delinquencies or defaults.
- Support the management of risk limits and overall risk appetite within the lending division.
- Collaboration:
- Work closely with relationship managers, credit officers, and other stakeholders to facilitate informed lending decisions.
- Participate in cross-functional teams to implement risk management initiatives and promote a risk-aware culture within the organization.
- Continuous Improvement:
- Stay updated on current market trends, regulatory changes, and best practices in risk management.
- Engage in professional development opportunities and contribute to ongoing training within the risk management team.
Key Skills :
Company Profile
We are the first --- to offer monthly credit on savings accounts. Our credit cards have no hidden charges. We offer Lifetime Free without minimum spend conditions, never-expiring rewards points, zero interest on cash withdrawal at ATMs, dynamic low APR and much more. Fees if any are transparent and described neatly in a manner a common person can understand. Every product offered by the --- is customer friendly, most often the best in the industry.
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- Interested candidates are requested to apply for this job.
- Recruiters will evaluate your candidature and will get in touch with you.