FI Senior Credit Manager
Private
Total years of experience :20 years, 8 Months
• Reviewing credit proposals prepared by FI-CIB to ensure the completeness, validity and compliance of such proposals with the bank credit polices and procedures.
• Maintains portfolio credit quality by ensuring regular credit reviews for the purpose of assessing potential credit risk on the right time for regional and/or industry and/or SBU/segment portfolio and monitoring of credit risk concentrations and early identification of problem situation by keeping abreast of significant developments in the market, economic and political situation, and by monitoring the portfolio and reviewing counterparty exposure, early warning indicators, and other external information to identify any emerging credit risk trends.
• Review and evaluate credit requests submitted for credit committee approval by regional CIB and to communicate findings to all relevant parties and take appropriate actions as and when needed:
− Ensure suitability of structure to purpose and sources of repayment.
− Identify credit risks, mitigates and exit strategies and ensure their appropriateness.
− Validate credit risk rating and ensure appropriateness of pricing as compared to credit risk and RORC implementation.
− Ensure that CR packages are in line with set strategy, policies and guidelines.
− Generate CR executive summary reports in case of complex transactions.
− Investigate history of subject borrower, credit standing, and relationship with the bank.
− Ensure “Know-Your-Customer / KYC” policy is systematically applied.
− Ensure the integrity and quality of data and data analysis.
− Present the credit lines and daily transaction to the concerned credit committee.
• Initiate or assist counterparty stress tests as required by internal and external parties, review results and assess their implications.
• Contribute to the preparation/review of credit policy and strategy documents
• Coordinating with internal departments (Corporate, Internal Audit, Compliance, and Legal) to ensure adherence to guidelines.
• Update Credit risk Models periodically to enable assessing the counterparty’s credit risk worthiness.
• Ensuring credit related issues be timely raised to Senior Credit Officer (SCO) with the required suggestions for rectifications.
• Maximize recovery on problem loans through recommending restructuring and liquidation options within set/established cost/loss guidelines.
• Recommend and obtain approval for remedial credit extensions or action plans.
• Responsible for analyzing new business proposals and ensuring that they are within the acceptable credit appetite for the Bank and to monitor credit developments and suggest corrective actions if required for the existing portfolio.
• Involved in assessing, preparing and recommending credit proposals both for existing and prospective clients in line with Bank's Credit policy in co-ordination with the Relationship Managers. Monitoring assigned accounts and ensuring compliance with approved terms and conditions.
• Efficiently maintaining a healthy corporate loan book for the Bank and managing an assigned portfolio of corporate borrowing accounts.
• Skillfully preparing succinct Credit Risk Assessment Summaries for submission to Credit Committee and ensuring credit packages are on schedule. Analyzing financial statements as part of the process of credit assessment and credit monitoring.
• Monitoring accounts for utilization of limits, compliance with approval terms and regularization of Excesses; regular monitoring of maturities and coordinating with business units to ensure timely regularization of the accounts and relevant collection.
• Developing & implementing credit & collection policies and procedures.
• Coordinating with the business units and RMs well in advance of due dates of annual reviews to obtain necessary information from the borrower to facilitate a comprehensive review of the credit facilities.
• Monitoring and ensuring that all credit approvals are in compliance with Bank's internal policies and regulatory guidelines.
• Assessing compliance with financial covenants, if applicable. Discuss with concerned RM in case of breach documenting explanation. Approving Credit falling within Delegated Authority.
• Coordinating with internal customers (Corporate Banking, Internal Audit, Compliance, and Legal) to ensure adherence to guidelines.
• Developing staff capabilities through on-the-job training and other training; preparing effective back-up resources within the team.
• Spearheaded the audit team, handled the assignments of several types of companies such as contracting companies, industrial constructions, hotels, trading, and services companies.
• Responsible for conducting the fieldwork and system review, which includes evaluating the systems adopted by the companies.
• Involved in the preparation of management letter for reporting the weaknesses in the internal control systems and providing recommendations. Performed analytical review and substantive tests for the financial figures.
• Accountable for performing financial analysis using financial rations also evaluated accountants’ performance.
• Handled the preparation of financial statements in accordance with international Financial Reporting Standards (IFRS) also prepared Board presentations and highlight memorandums.
Satisfactory