VP Credit Operations - Wholesale Banking

Primary Job Duties/Responsibilities:

The key job duties/responsibilities are enumerated below:

Overall Credit Operations:

- Managing / handling entire back-office processes including credit analysis, communication with clients, documentation, KYC/AML compliance, preventing delinquencies, collections as per schedule, customer issues resolution, etc.

- Coordinating with the outside specialists or agencies (valuers, auditors, ASMs, LIE, Solicitors, LIA, Security trustees, Expert agencies, etc.) duly complying with internal regulations

- Complete and sign off transactions covering sanction terms, KYC and initial & subsequent drawdown terms and maintaining accounts thereon as per accounting standards.

- Due diligence and monitoring of projects and associated loan drawdowns including site visits in line with sanction terms and standard operating procedure

- Opening and maintaining Loan Accounts, MIS and Reports as required from time to time and automation / IT implementation as required from time to time.

- Monitoring of post disbursement activities covering ensuring end use of funds, filing of security interest / security perfection, monitoring of project progress (Physical & Financial), tracking collection and appropriation of charges / fees / periodic interest / instalments, overseeing documentation aspects, etc.

- Tracking Portfolio health & quality and keeping track of early warning signals, monitor EWS parameters / issues (financial / non-financial), checking SMA, overdue, recovery measures, etc.

- Tracking internal rating of Borrowers, closely monitor external/ internal credit rating changes in the account and initiate suitable actions to revise sanction terms in case of rating falling below the stipulated levels

- Coordinate with audit groups and facilitate various audits in the accounts.

- Extend requisite information / clarification to the Audit group and facilitate in completing various audits in the accounts and ensure compliance of the observations

- Tracking and ensuring compliance to Sanction terms compliance related to security creation / other terms and timelines there on and coordinate with other teams/departments for obtaining necessary approvals wherever required

- Carrying out asset quality review / other reviews of Loan / investment accounts, obtention / monitoring / reviewing LIE reports / other progress reports, conducting covenant testing as per defined terms

- Tracking and monitoring insurance review, valuations review, legal audits review, search reports, Financials / Balance sheet review, corporate actions, etc. and placing the appropriate internal notes and applying penal interest / charges wherever applicable with proper internal approvals

- Work for development / improvements of Risk Rating Models and creation of Framework for Expected Credit Losses / other regulatory requirements and maintaining proper MIS / reports and work for automation.

- Make periodic site visits to companies and discuss company operations and financial results with the client and update management with required action thereon and attending various lenders / consortium meetings.

- Track and monitor the loans due for review / renewals and coordinate with other departments for timely action and monitor various Risk / portfolio limits and maintaining MIS / Reports thereon.

- Track market developments in infrastructure ecosystem and suggest suitable steps for product designing, new products, monitoring tools, etc. and coordinating with various intermediaries / agencies.

- Maintaining proper MIS and reports as per internal guidelines.

- Any other assignment as may be assigned by the Bank from time to time

Internal Policy:

- Prepare, review and submit disbursement approvals in accordance with Sanction Terms duly adhering to Credit policy

- In conjunction with other organisations, if necessary, communicate with the borrower regarding the disbursement and their adherence to the pre- and post-disbursement conditions and terms.

- Reporting / Filing to / with RBI / ROC / CERSAI / CIBIL/ CIC/ other agencies within timelines

- Ensuring recovery of dues (SMA 0,1,2) and charges from borrowers and accounting of the same as per internal guidelines and maintain asset quality from time to time

Legal & Compliance:

- Liasioning and coordinating with legal department or legal counsel / other agencies on transaction requirements and associated legal documentation, execution and keeping documents / preserving in safe custody as per internal norms and ensuring security perfection

- Preparation and monitoring of pending items, escalating / reporting compliance to approving authorities including attending of various Audits.

- Preparation of pending items, escalating the same and reporting compliance to approving authorities in a specified format

- Review due diligence reports and ensure compliance with the Bank's instructions and internal compliance requirements

- Review, negotiate and approve internal and external legal documentation

Process Improvement:

- Design and continuously improve existing, new business processes and manuals.

- Identify enhancement and streamlining opportunities for Credit Operations & Monitoring processes

- Ensure adequate outlining of process flows, definition of operating rules and policies, assigning of operational roles and responsibilities, integration of manual operations with systems, IT/ MIS maintenance & improvement etc.

Professional Experience:

- Minimum 12 years of experience in the financial/corporate sector; of which atleast 6 years should be in Financial Sector.

- The candidate should have minimum 3 years experience in the field of Credit Operations.

- Experience in an institution in the business of infrastructure lending will be preferred.

- Overview on infrastructure financing

- Strong business, technical and analytical acumen

- Ability to work in cross functional teams

- Experience in building and leading teams

Educational Qualifications:

- Graduate / Postgraduate in any discipline from a recognized University / Institution Preferred: CA, CFA, ICWA, PRM, MBA Finance or equivalent