Credit Monitoring & Control Analyst

Primary Responsibilities of Role: Early Warning Process:

Manage the Early Warning Risk process and Forum, identify and report the early warning indicators for various customers in the portfolio and suggest appropriate remedial action.
Act as a Secretary and prepare the minutes for the Early Warning Risk forum meetings.
Propose the early warning signals for different credit profiles, at the credit application stage.
Conduct specific assessments related to early warning indicators and financial covenants and recommend appropriate action including staging of the customers to the watch list category.
Maintenance of the data base related to covenant monitoring and trigger monitoring requirements for various customers in the portfolio and provide reports to the Management Committee.
Keep up to date on the market information and immediately highlight any concerns affecting the portfolio.

Monitoring Process:

Close monitoring of the credit risk portfolio to ensure that all credit approved terms and conditions are adhered to, in order to maintain a very high-quality risk asset portfolio for the bank.
Monitor the risk of client portfolios to ensure they stay within agreed parameters of the Credit Policy and the Risk Appetite Statement.
Monitor the overdues of the customers regularly and follow up with the respective Business teams to ensure recovery.
Perform periodic review of the transaction dynamics as an internal control measure for various transaction management facilities.
Perform periodic review of the collateral managers and the valuers used for valuing the collateral.
Perform the reviews of the drawdown checklist before setting up of facilities.

Control Process:

Act as a maker or a checker in respect of setting up of limits or limit amendments on the Bank’s Flexcube operating system.
Perform required controls in relation to release of securities.
Ensure that limit excesses and waiver approvals are returned to order.

Compliance and Audit ReadinessContribute to the Risk Department’s compliance and audit readiness by making sure that:

All customer and internal correspondence are of the highest quality

All files (including soft copy customer files), paperwork and systems are maintained in line with the Bank’s requirements, formats and standards

You enforce and maintain a clear desk policy and familiarise yourself with GDPR regulation

You achieve and maintain a comprehensive product and portfolio knowledge

Credit and other relevant policies and procedures are always complied with

You diligently handle and timely respond to regulatory and audit requests/queries

Required skills

Credit Analysis

Keyskills :
Credit Analysis

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