Credit Risk Assistant Vice President Job in Mumbai at Barclays

Barclays is hiring for the role of Credit Risk Assistant Vice President!

Responsibilities:

• Complete ownership of the assigned corporate portfolio. The role holder together with the team would be accountable for the timely delivery of annual reviews, and interim reviews, providing support on transactions, ongoing portfolio monitoring and performing any other ad-hoc portfolio-related exercise
• Undertake fundamental credit analysis on his/her portfolio of corporate credit counterparties
• Prepare annual/periodic credit reviews for submission to senior Risk Officers and Credit Committees
• Handle deal and transaction flow including IBDC deals (M&A), conventional refinancing deals and derivative requests
• Take timely action on transaction-level limit requests received from the Front Office and Product areas via an allocation from a pre-agreed limit framework assigned by onshore credit officers (if any)
• Ensure all relevant Credit Risk policies, standards and procedures are followed
• Update all credit risk systems to ensure that credit limits, internal grades and other credit parameters are aligned with the framework assigned by onshore credit officers
• Investigate limit excesses if any, escalating to the onshore credit officers and supporting stress test monitoring
• Perform credit analysis on interim requests for credit facility amendments, and prepare analysis in support of interim headroom requests, for presentation to senior Risk officers for approval
• Liaise and communicate with other departments to ensure documentation requirements are met
• Undertake quarterly reviews on more complex and higher-risk groups, including reporting on corporate credit counterparties which have been determined to merit more frequent credit review
• Maintain data integrity of relevant Credit Risk systems (and perform monthly credit grade attestation

Requirements:

• Relevant experience in credit analysis/research in another financial institution, preferably a major international bank
• Knowledge of multiple regions/sectors/industries
• Team Management experience is desirable
• Masters/Professional qualification such as MBA/CA/CFA or equivalent
• Understanding of various banking products including revolving credit facilities, derivatives, LCs, Bank Guarantees, Receivable purchase facilities, etc
  Skills Required:
  • Awareness of legislation affecting the Bank and customers (including the Data Protection Act, Companies Act, Insolvency Act, and Financial Services Act)
  • Good commercial experience working within Credit, preferably in an international banking environment
  • Demonstrated team handling skills in the past