About the role

Job Name – Head - Wholesale Portfolio Risk Management and Ratings

Job Title : (Job Name) : Head - Wholesale Portfolio Risk Management and Ratings
Business Unit (PA) : Integrated Risk Management
Team : (Sub team in the PA) Wholesale Credit Risk Management
Reports to (job) : Head- Financial Risk Management Credit Risk Management
Location of role : Mumbai
Job Fn : Risk
Role Type: Supervisory Role	No of direct reportees: 10-12 5-6	Travel Required : Moderate

Job Purpose:

To Head the team that is jointly responsible for Internal Ratings, Risk noting and Sectoral analysis. Monitor the credit quality of the portfolio from a risk perspective and guide teams to indicate any deterioration in the credit profile of borrowers through internal ratings and risk noting

Work closely with other stakeholders within Risk team viz. Credit policy and EWS team to meet the overall credit risk objectives of the Bank. To be involved in special projects that may be required to be carried out within Wholesale Banking Segment as per the directions of Head Financial Credit Risk Management and Chief Risk Officer, from time to time.

Job Responsibilities(JR) : Key Areas

Actionable (4-6)

Review of Borrower Ratings and Risk Notings

· Accuracy and consistency of risk assessment during assignment of ratings and risk notings

· Review and approval of rating actions and model overrides

· Handle escalations across various stakeholders

Monitoring of Borrower Ratings and Portfolio

· Periodic reviews of the portfolio to take proactive rating actions and incorporate them in risk notings

· Review and creation / refinement of portfolio monitoring processes

· Review early warning triggers and incorporate them into risk noting ratings as well

· Review of periodic stress testing and preparedness

· Ensure Group reviews on periodic basis

· Evaluate external developments and assess the overall impact on the portfolio/affected borrowers

Industry Risk and Sectoral Views

· Review of industry risk and rating actions

· Review of industry risk classification for identification of stressed sectors and Ind AS provisioning

· Presenting periodic views on sectors and impact on borrowers operating in those sector s including stress testing

Inputs on Development of appropriate rating models

· Model development approach

· Consistency in risk assessment

· Pilot run and review

· Model review and signoffs

Enhancement of systems / processes

· Functional ownership of rating and portfolio monitoring systems

· Initiatives to improve team efficiency and productivity

· Evolution of rating approach and methodology for borrower and industry risk

· Evolution of portfolio monitoring policy and processes

· Cross functional stakeholder management and initiatives

· Employee Development

· Team building and establishing KRA

· Employee engagement and career development

· Rewards and recognition

· Manpower planning and attrition management

· Compensation and benefits

· Others

· Internal and external audit management

· Regulatory compliance

Educational Qualifications

Key Skills

· MBA

· CA

· FRM / CFA (Optional)

· Strong Analytical skills

· Team management / development

· Banking Product & Process Knowledge

· Regulatory Knowledge

· Planning and Organizing Skills

· Communication and stakeholder management

· Knowledge of Competition & Current trends in across industries .

Experience Required

Minimum experience in years – 12- 15 -18 yr
Exposure to banking / Rating agencies preferable

Major Stakeholders(intra team and cross functional stakeholders, who would need to be interacted with for discharging duties)

· Business and Customer Relationship Management Team

· Whole Credit Risk department

· Basel Team

· Credit Administration and Operations Team

· Credit Policy and EWS

· Wholesale Credit Teams

· Other Stakeholders in IRM