Team Member/ Counterparty Credit Risk-Mumbai BKC

Job Description:

Duties & Responsibilities A.Credit evaluation of counterparty banks

• Credit evaluation of counterparty banks, recommending limits and ongoing monitoring of exposures. Obtain ratification from approval authorities for any excess.
• Insights from peer Bank analysis and influencing decisions
• Analysing requests from businesses for re-allocation or increase in limits putting up the same for approval after a thorough credit evaluation.
• Quarterly Analysis/Updates of Financial Results of Counterparty Banks to Senior Management
• On going surveillance of performance of banks and recommend actions
• Annual Counterparty Exposure Limit Review for Countries, Foreign Banks, Domestic Banks, Cooperative Banks, PDs, SDL, FIs
• Develop Counterparty Exposure Methodology B.Country risk exposure management
• Evaluation of country risks and recommend limits
• On going surveillance of country risk exposures and recommend actions
• Managing sanction country risk and ability to evaluate and analyse trade sanction restricted party screening results C. Modeling
• Develop and implement models for credit risk rating of Banks
• Develop and implement models for country risk analysis D. Stress testing
• Develop, Implement and Execute stress testing methodologies for Counterparty and Country risks E. Policies
• Responsible for developing policies related to counterparty credit risk, country risk and ongoing maintenance F. Automation
• Implement automation initiatives from better control and risk
• Reviewing existing processes, drafting requirement documents and participating in UATs
• Work with other functions to deliver on projects G.Regulatory reporting
• Timely and accurate submission of regulatory returns and internal MIS.
• Respond and clarify on internal, regulatory and statutory audit queries

•Creating, maintaining/upgrading databases of performance of Foreign Banks, Domestic Banks and Countries on a regular basis for regulatory reporting and risk analysis Responsible for various Counterparty Risk reports including FX Bank Exposure, Interbank Consolidated and Country Exposure reports. H. Undertake critical projects and ad-hoc risk requests as they arise•