Assistant Vice President - Credit & Portfolio Risk - Wholesale/Corporate Segment

Location: Mumbai

Experience: 10-13 years

Industry: NBFC / Financial Services

Reporting To: Head Credit Portfolio Risk

Experienced Risk professional with 1013 years of relevant experience in NBFCs, with strong exposure to credit and portfolio risk, wholesale / corporate portfolios, large-ticket lending and risk assessment.

The role involves policy creation, development and upgradation of risk and portfolio monitoring frameworks, identification of emerging risks and EWS, monitoring stressed accounts, and ensuring adherence to the organisation's risk appetite and policies.

The individual will work closely with senior management and report to the Head Credit Portfolio Risk.

Credit & Portfolio Risk Management:

• NBFC Risk
• Wholesale / Corporate Credit Portfolio Monitoring
• Early Warning Signals (EWS) & Stressed Account Monitoring
• Exposure & Concentration Risk, Scenario Analysis & Stress Testing
• Risk Policy Creation, Governance & Framework Development
• Risk Framework Upgradation, RBI / NBFC Regulatory Framework, MIS & Risk Reporting
• Senior Stakeholder Management

Key Responsibilities:

• Manage credit and portfolio risk across large-ticket and wholesale / corporate lending portfolios, including structured and complex lending transactions.
• Evaluate and monitor large-ticket loan exposures, borrower financials, cash flows, leverage, repayment capacity and overall creditworthiness.
• Ensure adherence to applicable RBI / NBFC regulatory guidelines, internal risk policies and the risk appetite framework.
• Monitor portfolio performance, concentration risks, sectoral risks and emerging credit risks across wholesale and corporate portfolios.
• Identify, monitor and escalate Early Warning Signals (EWS), emerging stress indicators and potential deterioration in portfolio quality.
• Undertake regular portfolio monitoring, risk reviews and exposure assessments, and work closely with Credit, Business, Collections, Legal and Finance teams on risk-related matters.
• Review deviations from credit policy, recommend appropriate risk mitigants and monitor compliance with approved limits, covenants, risk parameters and exposure norms.
• Drive risk policy creation, review and enhancement in line with business requirements, portfolio trends, risk appetite and regulatory expectations.
• Create, develop, upgrade and continuously strengthen credit and portfolio risk frameworks, processes, governance mechanisms and monitoring controls.
• Develop and maintain risk dashboards, MIS and portfolio monitoring reports, and analyse portfolio trends including delinquency, concentration, vintage, risk grades and credit quality.
• Monitor stressed accounts, identify potential deterioration and recommend corrective actions, enhanced monitoring, restructuring or other risk mitigation measures wherever required.
• Participate in credit committees and provide an independent risk perspective on large-ticket and wholesale / corporate credit proposals.
• Conduct scenario analysis and stress testing for key portfolios, sectors and large exposures.
• Present portfolio risk analysis, key risk indicators, EWS and stressed account updates to senior management and report directly to the Head Credit Portfolio Risk.

Desired Experience:

• Experience in managing or monitoring high-value loan portfolios, large borrower exposures and stressed accounts.
• Strong understanding of credit appraisal, portfolio monitoring, EWS, stressed account management, risk grading and credit risk assessment.
• Hands-on experience in risk policy creation and in developing, upgrading or strengthening risk frameworks, processes and governance controls.
• Experience in preparing portfolio risk reporting and working with senior stakeholders, Credit Committee, Risk Committee or Head of Credit / Portfolio Risk will be preferred.
• The ideal candidate should currently be working in a reputed NBFC, financial institution, bank or lending organisation in a Risk / Credit Risk / Portfolio Risk function and should have hands-on experience in wholesale / corporate or large-ticket portfolios, EWS, stressed account monitoring, risk policy creation and development or upgradation of risk frameworks.