01Overview
About the Role Our client, a prominent national bank with a significant branch network, is looking for a diligent Credit Risk Analyst to join their team in **Thiruvananthapuram, Kerala**. This role is essential for assessing the creditworthiness of loan applicants and managing the credit risk portfolio to minimize potential losses. The ideal candidate will possess strong analytical skills, a thorough understanding of financial statements, and knowledge of credit scoring models and risk assessment techniques. This is an on-site position, requiring dedicated presence in the **Thiruvananthapuram** office to facilitate client interactions and team collaboration. You will play a key role in maintaining the financial stability and responsible lending practices of the bank in **Thiruvananthapuram, Kerala**. Key Responsibilities Analyze financial statements, credit reports, and other financial data to assess credit risk. Evaluate loan applications from individuals and businesses, recommending approval or rejection based on risk assessment. Develop and utilize credit scoring models to predict borrower default probability. Monitor existing loan portfolios for signs of deteriorating credit quality. Prepare detailed credit reports and recommendations for loan committees. Ensure compliance with the bank's credit policies, procedures, and regulatory requirements. Identify potential credit risks and recommend mitigation strategies. Maintain accurate and up-to-date credit files and records. Collaborate with loan officers and relationship managers to structure credit facilities. Stay informed about economic trends and industry factors that may impact credit risk. Requirements Bachelor's degree in Finance, Economics, Accounting, or a related field. Minimum of 2-4 years of experience in credit analysis, risk management, or a related banking role. Strong understanding of financial statement analysis and ratio analysis. Knowledge of credit scoring models, risk assessment techniques, and lending practices. Proficiency in Microsoft Excel and other analytical tools. Excellent analytical, quantitative, and problem-solving skills. Strong attention to detail and accuracy. Effective written and verbal communication skills. Ability to work independently and as part of a team. Familiarity with the **Banking & Finance** sector is essential. Benefits Competitive salary and potential for performance-based bonuses. Comprehensive health, dental, and life insurance coverage. Retirement savings plan (Provident Fund) with company contribution. Paid vacation, sick leave, and public holidays. Opportunities for professional development and career advancement within the bank. A stable and secure work environment in **Thiruvananthapuram, Kerala**. Exposure to diverse credit products and client segments. Supportive team culture and management. Employee welfare programs and benefits. Training on the latest credit risk assessment tools and methodologies. .
