Senior Credit Risk Specialist
Warba Bank
Total years of experience :18 years, 4 Months
Key Responsibilities:
• Experienced with a proven track record in assessing and evaluating credit applications submitted by various banking divisions / business units, primarily Investment / bank-lines / corporate applications, and on a case-to-case basis assist in evaluating private individual applications.
• Proficient in analyzing qualitative and quantitative data, including bank statements, financial statements, credit bureau reports, and other relevant documents provided by customers, to determine the degree of risk in the granting or underwriting of credit according to group credit policy and procedure.
• Ability to underwrite/approve credit requests within the role's approval authority or initiate the escalation of the credit request to a higher approving authority detailing requested exceptions if any, department's recommendation, based on the results of the assessment.
• Expertise in gathering relevant market information and analyzing internal data to propose possible improvements to credit policy, process, and procedures, ensuring that credit reports, relevant deal documents, and approvals are properly archived (hard and soft copy) and are orderly managed based on standards set by the Department.
• Actively participate and contribute to various Department initiatives to help improve efficiency and productivity, including department reports and other tasks assigned by the Credit Manager.
• Monitoring the risk & controls self-assessment (RCSA) within the framework of Credit Risk Management.
• Controlling the Post Disbursal Document (PDD) and any other deferrals.
, measuring, and managing all market/credit and trading-related risk across the firm, including Derivative, Equity, Commodity products, and arbitrage desk.
•Evaluated credit worthiness of customers by analyzing financial statements and utilizing credit reports to assign appropriate credit limits.
•General credit risk analysis skills pertaining to banks and broker/dealers.
•Monitor credit limits and communicated with traders regarding risk positions across various asset classes and challenged traders risk taking strategy where appropriate
•Analyzed new products & structures to ensure market risk exposures are assessed and captured.
•Identifying operational deficiencies and implementing systems, policies & procedures to facilitate internal control
•Identified and analyzed areas of potential risk to assets and earning capacity including physical inspections of properties, regularly talking with key staff and operating managers, creating risk registers, and recommending ways to control, reduce, or transfer risk.
•Risk assessment, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business.
•Minimizing the manual intervention in the risk process by making it system driven
•Managing margin requirement at exchange level and funds arrangement
•Assessment of Fraud risk exposure periodically for the organization to identify specific potential schemes and events that the organization needs to mitigate
•Gap analysis & recommendations to meet various regulatory requirements
•Respond to alleged violations of rules and Regulations, policies, procedures, and standards of conduct by evaluating or recommending the initiation of investigative procedures
•Reporting to Management on Various Risk Issues with weekly / monthly analysis including recommended resolution, review of root cause and prevention plans.
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Projects and Process Improvement
•Automation of Risk Operation Process
•Online Limit updating software for BA
•Fund Transfer Request online software for Clients / BA
•Reports at one Key
•Team leader in establishing customer service department even had analyzed queries raised by clients and associated and provide tailor-made reply & solution
•Team Member in developing ECRM (Software: electronic customer relation management\] for Customer service department
•Lead Team for Structuring Department of Commodity Trading
•Lead Team for testing and implementation of NOW Trading Terminal PAN India
•Lead Team in implementing automatic SMS & Email alerts to clients
•Automation of password reset for web login & terminal
Internal Audit
•Perform internal audits as per the professional standard ISO 9001 2008.
•Coordinate with state auditors and external auditors regarding follow up on management letter points.
•Suggest appropriate recommendations based on risks involved for bringing activities in line with goals/objectives.
Finance and Information management
Credit Risk Analysis (