• Vice President Jobs in Mumbai,India - 25320412

  • Yes Bank Ltd
  • Save Job
  • 8 - 11 Years
  • Posted : above 1 month

Job Description:

Vice President - ( MAN00000Q )

Description

Functional Role

Team Member Staff Accountability Review

Designation

AVP / VP

Location

Mumbai

Approximate age bracket

30 to 34 years

Reporting to

Team Lead Staff Accountability Review



Review all the approved credit proposals (CAMs/Interim Memos), Facility Letters / Documentation / financial statements of assigned set of distressed / NPA accounts of Wholesale / Retail credits from its origination and highlight the key shortcomings including errors of credit judgment, laxity in effective supervision over operations in the Borrower account with the Bank
He should ensure to highlight the non-compliance of Credit Policy guidelines at pre sanction stage, Omissions and /or commissions observed during post sanction and disbursement stage, lapses observed in supervision and control mechanism
He should examine the enforceability of documents/securities; ascertain the reason for accounts becoming NPA and identify / highlight all the observed lapses which are directly attributed to the slippage of the account
Discuss with relevant stakeholders, obtain responses to the identified issues and document action points / learnings for deliberation with Team Lead / Head-MEG and submit the final review notes for further review at Staff Accountability Review Committee
Co-ordinate with all the relevant stakeholders for post Committee meeting activities

Key Responsibilities

Strategic/ Managerial Responsibilities

Interact with RMs/BH/Control Heads for tagging the ownership of identified issues and review of their response
Summarize with a clear opinion on the observed issues / lapses in the account review and finalize the reports for all the assigned cases in a timely manner

Core Responsibilities

Coordinate with relevant stakeholders for response to the identified issues and finalize the review report post the discussion with Team Lead / Head MEG
Present the cases to Staff Accountability Review Committee (SARC) for deliberation and final decision on the identified issues / lapses /action points
Identify areas of improvement in the existing Policies / Procedures and deliberate with Team Lead / Head-MEG and recommend suitable mechanism in place for the same
Co-ordinate post meeting activities including implementation of Committee decision

Self-Development Responsibilities

Update self to the change in regulatory guidelines / internal Banks Policies & Procedures

Key Performance Indicators

Timely completion of the review for all the assigned cases
Identify areas of improvement on credit policies /processes front and share the same with the relevant stakeholders post the deliberation with Team Lead / Head - MEG
Any other assignments depending on the needs of the organization

Essential competencies

Should be familiar with various industry segments of Wholesale Credit and have experience in Credit Appraisal process/ various type of Limit Assessment/financial models, credit sanction processes, Facility Documentation, Post Disbursement / Monitoring procedures, Recovery processes etc
Should be familiar on all the lending guidelines / norms issued by regulator from time to time
Strong technical and analytical skills
Understanding of accounting principles and expert knowledge in analysing financial statements
Good presentation skills
Should be a good team player
Should be a clear thinker, excellent communicator and have high levels of commitment
Ability to interact with relevant stakeholders and review assigned cases independently
Should be proficient in MS-Word, Excel and power point

Qualifications and Experience

MBA from premier institute
> 8 years post qualification experience in the area of Wholesale Banking Credit / Wholesale Credit Audit / Wholesale Credit Risk (processing of Credit Appraisal for credit decision) with knowledge of Retail Credit products/processes of reputed Bank

Qualifications

Functional Role

Team Member Staff Accountability Review

Designation

AVP / VP

Location

Mumbai

Approximate age bracket

30 to 34 years

Reporting to

Team Lead Staff Accountability Review



Review all the approved credit proposals (CAMs/Interim Memos), Facility Letters / Documentation / financial statements of assigned set of distressed / NPA accounts of Wholesale / Retail credits from its origination and highlight the key shortcomings including errors of credit judgment, laxity in effective supervision over operations in the Borrower account with the Bank
He should ensure to highlight the non-compliance of Credit Policy guidelines at pre sanction stage, Omissions and /or commissions observed during post sanction and disbursement stage, lapses observed in supervision and control mechanism
He should examine the enforceability of documents/securities; ascertain the reason for accounts becoming NPA and identify / highlight all the observed lapses which are directly attributed to the slippage of the account
Discuss with relevant stakeholders, obtain responses to the identified issues and document action points / learnings for deliberation with Team Lead / Head-MEG and submit the final review notes for further review at Staff Accountability Review Committee
Co-ordinate with all the relevant stakeholders for post Committee meeting activities

Key Responsibilities

Strategic/ Managerial Responsibilities

Interact with RMs/BH/Control Heads for tagging the ownership of identified issues and review of their response
Summarize with a clear opinion on the observed issues / lapses in the account review and finalize the reports for all the assigned cases in a timely manner

Core Responsibilities

Coordinate with relevant stakeholders for response to the identified issues and finalize the review report post the discussion with Team Lead / Head MEG
Present the cases to Staff Accountability Review Committee (SARC) for deliberation and final decision on the identified issues / lapses /action points
Identify areas of improvement in the existing Policies / Procedures and deliberate with Team Lead / Head-MEG and recommend suitable mechanism in place for the same
Co-ordinate post meeting activities including implementation of Committee decision

Self-Development Responsibilities

Update self to the change in regulatory guidelines / internal Banks Policies & Procedures

Key Performance Indicators

Timely completion of the review for all the assigned cases
Identify areas of improvement on credit policies /processes front and share the same with the relevant stakeholders post the deliberation with Team Lead / Head - MEG
Any other assignments depending on the needs of the organization

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : ICWA
Salary : As per Industry Standards
Deadline : 03rd Jun 2020

Key Skills:

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