Team Manager - Counterparty Risk-Support Services-Counterparty Risk

1. 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

1. 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

1. Modeling

• Develop and implement models for credit risk rating of Banks
• Develop and implement models for country risk analysis

1. Stress testing

• Develop, Implement and Execute stress testing methodologies for Counterparty and Country risks

1. Policies

• Responsible for developing policies related to counterparty credit risk, country risk and ongoing maintenance

1. 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

1. 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.

1. Undertake critical projects and ad-hoc risk requests as they arise

• Professional Qualifications - CA or MBA preferred
• Min 15 years of experience in areas of credit analysis of financial institutions
• Knowledge of the credit and lending industry, treasury products and operations
• Experience in counterparty credit risk modeling and quantification
• Knowledge of OFAC, Sanction regulations
• Technical expertise with the ability to manage multiple stakeholders and drive a strategic agenda.
• Upto date knowledge of regulations affecting counterparty and country risk

· Quantitative and analytical skills. Close attention to detail

· Programming experience such as SQL

· Excellent interpersonal skills to deal with colleagues at all levels

· Ability to work under pressure and manage multiple deadlines