AVP - Credit Reviewer (India)

Job description

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. Job Responsibilities Review of Credit Appraisal Memoranda of new and existing loans to ensure the accuracy of all financial details and compliance with the Bank’s procedures Risk Identification & Mitigation with respect to credit proposals and ensuring high credit quality Adherence of credit proposals to Head Office policies & procedures and local regulatory requirement. Closely work with the Business team to structure credit limits for corporate clients Continuous review of the bank’s credit strategy, prepare recommendations for changes in products, credit limits and other terms and conditions and levels of exposure to particular market segments or customers Self-Assessment and continuous monitoring of sanctioned limits. Periodic internal and external reporting to HO and RBI, including self- assessment Knowledge - The candidates are expected to also have a high numeric ability and proficiency in Microsoft Excel Skills – Good understanding on Financial & Ratio analysis; Strong numerical and financial skills with the ability to interpret financial information and able to design and use financial models; Ability to understand and assess the effects of industry developments on the portfolio; Positive attitude towards learning and adapting to new processes Experience – 6-8 years of experience with minimum 3 years of experience in a similar function Qualifications – Chartered / Cost Accountant or MBA -Finance , IBA/NIBM certified courses will be additional plus point