CA Varun Anirudhan ACA CFA FRM

• Managing the Credit Risk of Noor Bank's Cross Border exposures to GCC/MENA/Turkey/Indian Sub-continent. Cross Border exposure includes institutions and Sovereigns from GCC, Turkey, India, Pakistan, Bangladesh, Sri Lanka etc.
• Underwriting traded as well as privately placed sukuk issuances, including analysis of obligor/issuer structures, cash flow waterfall, underlying asset structures, legal opinions and documentation.
• Underwriting complex syndicate as well as bilateral transactions for large corporate, MNCs, project finance SPVs and financial institutions.
• Provide inputs for deal structuring, aligning the financing to client’s business model and cash flows to ensure identified recourse to the Bank.
• Client calls and interaction with senior management to understand and discuss the current market challenges, downward rating triggers and deal structuring, including covenants, repayments and collaterals.
• Regular monitoring of Account Conduct and overdue positions to identify early warning signals and ensuring portfolio quality.
• Ensuring that approvals are undertaken as per the Delegation Matrix and follow the Bank's approved Wholesale Credit Policy, Board approved Terms of Reference and regulatory caps. Managing the portfolio level rating curve, rating criteria and model validations.
• Developing IFRS 9 Staging rules and managing the Bank's quarterly IFRS 9 Staging Exercise of Credit Portfolio.
• Acting as single point of contact for Internal Audits and Regulators for Credit Risk related matters.

• Analyzing credit risk of existing/potential customers in the Commercial Banking portfolio, ensuring adherence to the Bank’s credit policies.
• Analyzing Market indicators, including market indices and real estate valuations, to identify viable sectors and potential business opportunities for enhancing the Bank’s portfolio.
• Monitoring account conduct and profitability in the portfolio to ensure adequate credit turnover and minimal over-dues.
• Assisting Relationship Management team in ensuring smooth flow of operations, perfection of proper documentation and addressing bottle necks, if any, with customers.

Analyzing credit risk of large clients of HSBC Bank in the United States, United Kingdom, France, Hong Kong, United Arab Emirates and Japan. Extensive experience working across both Corporates and Financial Institution Group Clients.