RC&WC - MC:Credit Specialist

CREDIT SPECIALIST INTERNAL USAGE: No. of Vacancies:1Reports to:Head MC Credit Is a Team leader?YTeam Size:1-4

Grade:VP/SVP-1 Business:Corporate CenterDepartment:�Wholesale CreditSub-Department:MC Credit Location: CO-Mumbai/Noida/Bangalore/Chennai/Hyderabad/Kolkata About Wholesale Credit The Wholesale Credit department in the Bank is a Credit Underwriting department for all Large/ mid and SME clientele of the Bank. It is also responsible for ensuring the maintenance of a good portfolio quality and for ensuring smooth credit appraisal processes. Mid Corporate Credit underwrites credit facilities that the Bank proposes to sanction to the corporates operating in mid-market in India. The bank has a separate Mid-Market vertical which focuses to deepen its presence in regional business clusters and expand its presence amongst the companies operating with a turnover of Rs.250 Crs to Rs.1000 Crs. About the Role The Bank has a separate Coverage and Credit vertical for dealing with Mid corporates. All the credit proposals originating from the coverage team requires independent vetting and sign off from the credit team. Therefore, the underlying role is of utmost importance in deciding the right credit and taking the right decisions. Credit Specialist-WCMC is responsible for managing the credit activities and processes of the WC-MC vertical for the designated location. The credit specialist should also lead and guide the credit analysts to ensure smooth functioning of the Credit, ensuring sanction of proposals within the defined TAT, with high credit quality standards.