Specialist, Credit Management

JOB SUMMARY / INTRODUCTION

• Conduct detailed credit assessment and approval of credit applications seeking financing for business or investments and secured against residential and/or commercial real estate. The key purpose is to determine whether the borrower is eligible for financing and the requested credit facility is in line with the bank’s risk appetite and Target Market Risk Acceptance Criteria (TM-RAC). Analysis of Audited Financial Statements is the key skill required.

KEY RESPONSIBILITIES

• Review, Analyse & Recommend loan proposals keeping in mind the approved credit policies, procedures and market dynamics to produce high quality of credit assessment memos for underwriting purposes.
• Manage the allocated portfolio of clients in terms of timely annual reviews, monitoring delinquencies, early warnings, adherence to covenants, documentary deferrals etc and actively engage with the respective business counterparts on regular basis to address any credit related issues for the allocated portfolio.
• Given the High Networth and sensitive nature of the clientele, actively engage with the senior business counterparts (Area Managers/Executive Directors etc) to ensure that the proposed facility is adequately structured to meet the clients’ expectations within the bank’s underwriting standards.
• Accompany the business counterparts to client meetings and to develop better understanding of the client and the proposed credit facility.
• Adhere to & comply with departmental policies, standard operating procedures and practices so that the work is carried out in a smooth & methodical manner.
• Exhibit consistency with organization’s values and ethics at all times to demonstrate a value driven culture within the bank.
• Contribute towards continuous improvement and sustainability of policies, systems, process and methods in line with changing needs and requirements so as to efficiently carry out the duties.
• Have in-depth understanding of regulatory and internal bank policies.
• Exhibits good communication & writing skills when preparing & submitting credit proposals to approving authorities within the Bank.
• Analyse Client’s audited financial statements/bank statements/Rental Roll Reports/ Collateral Details etc, look into client’s credit history/credit reports/ system checks to meet bank’s lending standards.
• In depth analysis of borrower’s financial ratios like profitability, solvency, cashflow, debt service coverage ratios etc in order to ensure error free underwriting and ensuring that the borrower has sufficient repayment capacity to repay the proposed loan facilities.