01Overview
Job Description:
Duties & Responsibilities A.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 B.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 C. Modeling
Develop and implement models for credit risk rating of Banks
Develop and implement models for country risk analysis D. Stress testing
Develop, Implement and Execute stress testing methodologies for Counterparty and Country risks E. Policies
Responsible for developing policies related to counterparty credit risk, country risk and ongoing maintenance F. 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 G.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. H. Undertake critical projects and ad-hoc risk requests as they arise .
