M1 - Vice President Credit Risk Management

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region.   SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network.  We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

• • Contribute to creation, enhancement and management of Early Warning (EW) Framework for wholesale banking portfolio
  • Implementation, management and governance of automated Early Warning System (EWS), in accordance with RBI guidelines
  • Undertake UAT from functional perspective on EWS
  • Review and resolution of EW triggers from independent credit risk perspective
  • Pro-active identification of borrowers with potential incipient stress and highlighting it in a timely manner for closer monitoring
  • Expertise in detailed credit analysis of borrowers and highlighting key risks
  • Liaise with multiple stakeholders (internal & external) to ensure smooth functioning of EWS
  • Credit Risk Policy management and updation - internal risk policies/ regulatory guidelines/ risk management systems and procedures etc, reporting of deviations.
  • Preparation of Credit Risk reports that are submitted to Regulators through compliance and regulatory reporting teams, MIS reports for Risk Management Committee / Management Committee & Top Management.
  • • Periodic internal and external reporting to H.O and RBI on various credit risk and portfolio analysis matter.
    • Detailing and analyzing exposures, providing comparisons and trends, prescribed and specific provisions, key issues and large exposure information
  • Creation of robust credit risk analytics using both internal source systems and industry data
  • Ensuring the credit risk function complies with Internal Audit observations, RBI-RBS recommendations and Statutory Audit observations pertaining to Risk Management Functions.

(a) Knowledge & b) Skills:

• Relevant experience of managing credit related Early Warning activities for corporate/wholesale banking division
• Expertise in detailed credit analysis / credit monitoring of borrowers and portfolio and highlighting key risks
• Formulate/review relevant credit risk related policies from regulatory perspective on an ongoing basis
• Preparation of credit risk reports for internal monitoring and regulatory reporting
• Ability to manage internal / regulatory / statutory audits from credit risk perspective
• Expertise in wholesale Credit Processes, Credit Risk Policy management
• Sound written and verbal communication skills, with the ability to communicate clearly and concisely
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(b) Skills

• Ability to work under stringent timelines and good communication skills.
• Proficiency in MS office and credit risk domain knowledge.

(c) Experience:

• Minimum 12 years of relevant experience in Early Warning Management / Credit Risk Management for Wholesale/Corporate Banking portfolio

(d) Qualifications:

• MBA/CA/CFA/Relevant Post graduation