Verified Job
Accounting - Finance
Credit Policy and Monitoring Specialist
Accounting - Finance
#698285
Remote / WFH
Job Description
Team Member-SUPPORT SERVICES-Credit Monitoring Group
• Policy formation & implementation
• In charge of Pan Bank Board policy of credit department. Shall be responsible for drafting Board Policy for wholesale and retail credit.
• Shall also be responsible for drafting processes for implementation of such policy which get placed in Board level committees and other senior management committee.
• Should ensure that policy and processes are modified on timely basis in adherence to changes in RBI regulations and circulars.
• Analysing the market trends / practices and benchmarking of policies with the market.
• Interacting with cross functional teams, understanding the current practice and accordingly recommending the policy / process changes.
• Monitoring the implementation of signed off policies/ process, identifying gaps and taking corrective action.
• Limits/ Celling Monitoring
• Monitoring of NBFC exposure celling, Environmental, Social & Governance (ESG) celling and Group consolidation CAP of large exposure of the bank at frequent interval.
• Setting up the process for automating the process of celling / CAP monitoring and ensuring that output is as per requirement.
• Highlighting the derivation/ red alert in case any deviation or higher utilization of actual limit.
• Releasing frequent MIS to senior management.
• RBI indent / Audit requirement:
• Understanding RBI requirement and ensuring revert submission within timeline.
• Identifying department/ division of the bank for RBI revert and co-ordinating with team for revert submission.
• Providing data / information / explanation to RBI auditor, Statutory / internal and concurrent auditor as per requirement and within timeline.
• Tracking and implementing all the changes suggested by Regulator / Auditor.
• Master’s degree (CA /CS/ MBA) in Finance, Accounting, Business Administration, or related field.
• At least 8 - 10 years of experience in credit underwriting or as a lead in policy / process team.
• Knowledge of Policy drafting, Credit Appraisal, Credit Monitoring or regulatory requirements.
• Experience in automation of manual process and monitoring the change.
• Analytical skills, proficiency in trend analysis and understanding of data flow in banking system.
• Written and verbal communication skill with the ability to present information clearly and concisely
Experience Level
Senior Level
• Policy formation & implementation
• In charge of Pan Bank Board policy of credit department. Shall be responsible for drafting Board Policy for wholesale and retail credit.
• Shall also be responsible for drafting processes for implementation of such policy which get placed in Board level committees and other senior management committee.
• Should ensure that policy and processes are modified on timely basis in adherence to changes in RBI regulations and circulars.
• Analysing the market trends / practices and benchmarking of policies with the market.
• Interacting with cross functional teams, understanding the current practice and accordingly recommending the policy / process changes.
• Monitoring the implementation of signed off policies/ process, identifying gaps and taking corrective action.
• Limits/ Celling Monitoring
• Monitoring of NBFC exposure celling, Environmental, Social & Governance (ESG) celling and Group consolidation CAP of large exposure of the bank at frequent interval.
• Setting up the process for automating the process of celling / CAP monitoring and ensuring that output is as per requirement.
• Highlighting the derivation/ red alert in case any deviation or higher utilization of actual limit.
• Releasing frequent MIS to senior management.
• RBI indent / Audit requirement:
• Understanding RBI requirement and ensuring revert submission within timeline.
• Identifying department/ division of the bank for RBI revert and co-ordinating with team for revert submission.
• Providing data / information / explanation to RBI auditor, Statutory / internal and concurrent auditor as per requirement and within timeline.
• Tracking and implementing all the changes suggested by Regulator / Auditor.
• Master’s degree (CA /CS/ MBA) in Finance, Accounting, Business Administration, or related field.
• At least 8 - 10 years of experience in credit underwriting or as a lead in policy / process team.
• Knowledge of Policy drafting, Credit Appraisal, Credit Monitoring or regulatory requirements.
• Experience in automation of manual process and monitoring the change.
• Analytical skills, proficiency in trend analysis and understanding of data flow in banking system.
• Written and verbal communication skill with the ability to present information clearly and concisely
Experience Level
Senior Level
