IDFC Bank/BB/Credit Mgr / Nashik

Job Description:

Job Summary:

The Credit Manager for Business Banking is responsible for managing the credit assessment, risk analysis, and approval process for business banking clients. This role involves evaluating the creditworthiness of small and medium-sized enterprises (SMEs), making sound credit decisions, and working closely with the sales and relationship management teams to support lending activities. The ideal candidate should possess strong analytical skills, experience in business banking, and a deep understanding of credit risk management.

Key Responsibilities:

1. Credit Assessment & Analysis:

   • Evaluate credit proposals for business banking clients, including SMEs, based on financial statements, cash flow analysis, industry trends, and business models.
   • Conduct comprehensive due diligence and risk assessment to determine creditworthiness and identify potential risks.
   • Analyze borrower financials, market conditions, and industry dynamics to recommend appropriate credit structures.

2. Credit Approval Process:

   • Prepare detailed credit assessment reports with recommendations for credit approval or rejection.
   • Present credit proposals to the credit committee and senior management for final approval.
   • Ensure all credit assessments comply with internal policies and regulatory guidelines.

3. Portfolio Management:

   • Monitor the existing portfolio of business banking clients to ensure timely identification of potential risk indicators and proactively manage exposures.
   • Conduct regular reviews of accounts to ensure compliance with terms and conditions.
   • Implement measures for risk mitigation and oversee the restructuring of troubled accounts when necessary.

4. Relationship Management:

   • Collaborate with relationship managers to gather necessary information for credit evaluation and to understand client needs.
   • Provide guidance and support to sales teams in structuring deals and mitigating credit risks.
   • Maintain strong communication with clients to resolve issues related to credit and provide ongoing support.

5. Policy & Compliance:

   • Assist in the development and implementation of credit policies, procedures, and guidelines.
   • Stay up-to-date with regulatory changes and ensure adherence to relevant compliance requirements.
   • Contribute to continuous improvement of the credit risk management framework.

6. Reporting & Analysis:

   • Prepare regular reports on credit quality, portfolio performance, and risk exposure for senior management.
   • Conduct stress testing and scenario analysis to assess the impact of adverse economic conditions on the credit portfolio.

Key Requirements:

• Education:

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  • MBA, CFA, or equivalent certifications are preferred.

• Experience:

  • Minimum of 5-7 years of experience in credit risk analysis, underwriting, or credit management in business banking, preferably dealing with SMEs.
  • Proven experience in financial statement analysis, cash flow analysis, and risk assessment.

• Skills:

  • Strong analytical and quantitative skills with the ability to interpret complex financial data.
  • Excellent decision-making and problem-solving skills.
  • Solid understanding of credit risk, banking regulations, and industry practices.
  • Proficient in financial modeling, credit scoring, and risk assessment tools.
  • Strong communication and presentation skills.
  • Ability to work collaboratively with cross-functional teams.

• Technical Skills:

  • Proficiency in Microsoft Office (Excel, Word, PowerPoint).
  • Experience with credit risk management systems and financial analysis software.

Key Competencies:

• Attention to Detail
• Strong Analytical Skills
• Risk Assessment and Mitigation
• Effective Communication
• Decision Making
• Client-Focused Approach
• Regulatory Compliance