Verified Job
Accounting - Finance
Senior Manager/AVP
Accounting - Finance
#544407
Remote / WFH
Job Description
• Job Description - Risk Rating Unit
The role of a Team Member in the Risk Rating & Compliance unit is to independently validate ratings for corporate, SME, business banking, NBFC, MFIs, brokers, and bank clients across Yes Bank.
Key responsibilities include:
• Internal rating validation for corporate, SME, business banking, NBFC, MFI, broker, and bank clients across the bank.
• Detailed review and understanding of credit (industry, business, financials, management), credit ratings.
• Preparation of rating rationale along with rationale for any changes in risk scores.
• Review deviations to the credit policy of the Bank.
• Recommendations/comments on all proposals placed to Board level credit committee with respect to policy compliance/portfolio risk/industry prospects etc.
• Approval of judgmental rating action proposed as per delegation matrix.
• Decision making along with stakeholders (Credit/Business).
The ideal candidate should have strong understanding of finance and accounting concepts, ability to identify key characteristics and drivers of diverse sectors/businesses, knowledge of risk assessment and control, good negotiation skills, sharp communication and presentation skills, and team player qualities.
This role requires effective interaction with business/credit groups across Large Corporates/Emerging Local Corporates/NBFC/Brokers/MFI/Projects/Small, Micro Enterprises/Business Banking. The candidate will also be responsible for resolving internal audit/external audit/RBI queries, periodic review and updation of industry risk scores, tracking latest industry developments, benchmarking of companies within sectors, defining and facilitating the achievement of goals and key performance indicators for direct reports, nurturing talent within the team, developing and nurturing a continuous talent pipeline, and ensuring adherence to process and ability to work within pre-decided TAT.
The role of a Team Member in the Risk Rating & Compliance unit is to independently validate ratings for corporate, SME, business banking, NBFC, MFIs, brokers, and bank clients across Yes Bank.
Key responsibilities include:
• Internal rating validation for corporate, SME, business banking, NBFC, MFI, broker, and bank clients across the bank.
• Detailed review and understanding of credit (industry, business, financials, management), credit ratings.
• Preparation of rating rationale along with rationale for any changes in risk scores.
• Review deviations to the credit policy of the Bank.
• Recommendations/comments on all proposals placed to Board level credit committee with respect to policy compliance/portfolio risk/industry prospects etc.
• Approval of judgmental rating action proposed as per delegation matrix.
• Decision making along with stakeholders (Credit/Business).
The ideal candidate should have strong understanding of finance and accounting concepts, ability to identify key characteristics and drivers of diverse sectors/businesses, knowledge of risk assessment and control, good negotiation skills, sharp communication and presentation skills, and team player qualities.
This role requires effective interaction with business/credit groups across Large Corporates/Emerging Local Corporates/NBFC/Brokers/MFI/Projects/Small, Micro Enterprises/Business Banking. The candidate will also be responsible for resolving internal audit/external audit/RBI queries, periodic review and updation of industry risk scores, tracking latest industry developments, benchmarking of companies within sectors, defining and facilitating the achievement of goals and key performance indicators for direct reports, nurturing talent within the team, developing and nurturing a continuous talent pipeline, and ensuring adherence to process and ability to work within pre-decided TAT.
