Assistant Credit Manager - Assets Business Banking

Key Responsibilities:

1. To Underwrite and improve credit decision making, review portfolio, increase operational efficiency, optimize resource utilization, increase self & team productivity, and adapt a customer-centric approach with no compromise on risk assessment criteria. Conduct in-depth analysis of financial statements, bank statements, business models, and other credit parameters with utmost due diligence on applications, counterparties, related parties, and market knowledge to build a quality portfolio.
2. To take sound and judicious credit decisions within authority level on all applications, including exceptions referred to the department based on capability of repayment, business, economic conditions, capital input, collateral available, and recommendations on a 360-degree review/assessment to higher levels as per discretionary authority matrix.
3. To ensure adherence to regulatory guidelines, consumer protection standards, SOP, policy & procedures, bank’s legal & compliance framework, central bank norms, and Sharia principles while approving/recommending credit proposals, incorporating professional risk assessment and other relevant aspects to facilitate decision making by the approving authority. Be instrumental in building a quality lending portfolio and ensure lending within the bank’s defined risk appetite while executing approval authorities diligently as per the Delegation of Authority. Exercise due diligence from a fraud detection perspective and ensure team members are aligned to the same.
4. To review and monitor portfolio indicators, MIS, KPI, past dues, delinquency, and early alert reports, taking a proactive and corrective approach and discussing findings with the line manager or unit head. Undertake credit after-sales service as applicable, analyzing structure for remedial solutions.
5. To ensure that the department achieves an acceptable risk rating in all internal & external audits and resolves audit observations in a timely manner. Examine and investigate reported problems to incorporate corrective measures and eliminate bottlenecks.
6. To maintain robust credit initiation processes, SOP, SLA, TAT, and related parameters, ensuring timely delivery of credit decisions to external and internal customers.
7. To measure and evaluate team productivity, ensuring corrective measures are duly taken.
8. To ensure system understanding, provide feedback on system improvements, manage MIS, and perform UAT pre-system deliveries effectively.
9. To display highly satisfactory oral and written communication skills, including the ability to write business proposals and technical reports in a clear, concise, and well-organized manner while managing multiple tasks.

Work Experience:

• Minimum 3-5 years’ experience in assets business banking/corporate credit & portfolio management (preferably) and first-hand knowledge in underwriting assets business banking/financial statement lending segment with a bank or financial institution.

Education:

• Sharia Principles of Islamic Finance
• Regulatory and Compliance Knowledge
• Bank Systems Knowledge
• Banking Products, Services, and Operations Knowledge
• Fraud Awareness and Detection
• Banking/Operations Workflow Knowledge
• Credit Policy and Parameters
• Documentation
• Credit Risk Evaluation, Financial and Retail Credit applications knowledge.
• Analytical skills for objective analysis of financial & bank statements.
• Market & Industry knowledge