Hiring Credit Head in a Bank in South Mumbai
The bank is a Multi- State Scheduled Co-operative Bank and under the stewardship of its Chairperson, ably supported by the illustrious Members on its Board of Directors, the financial results reflected interesting reading. From humble beginnings in 1927, the Bank maintained a low profile in the community of Bankers until 1993, and since then the Bank has not looked back.
Over the years it has built up a brand loyalty amongst its customers and is known as The Bank that is Big on Tradition and Trust.
The growth in business has been manifold under various heads of business. As on March 31, 2019 business mix stands at Rs.1773.67 Cr. Yearly Profit before Tax (audited) and before provisions stands at Rs.19.59 Cr. Also, Capital adequacy is reflected at 17.56% as against the 9% requirement by Reserve Bank of India. A noteworthy aspect of the Banks financial results is that its net non-performing assets are zero unlike the adverse trend in the banking industry. The Bank continues its policy of carefully selecting its advances with good quality assets. Besides offering all the retail loan products to individuals, the Bank is very aggressive on Corporate Lending & has reputed Corporate clients in diverse fields of manufacturing, shipping, services, etc.
The bank has operations all over India.
Job Description/ Work Profile
The incumbent will be working at the corporate office of the Bank at Worli and the indicative job profile is given below.
The Candidate should possess thorough knowledge of credit appraisal including Balance Sheet analysis – Retail as well as Corporate credit proposals, Consortium finance, Credit rating, Credit risk, CIBIL, Company law,
Registration procedures and documentation. The Candidate has to be well conversant / updated with the Reserve Bank of India guidelines, Co-operative Banks’ Rules and Regulations as also the Bank’s Credit / Risk Policy.
The Candidate will be responsible for placing credit proposals to competent sanctioning authorities.
He / she will also be responsible for monitoring, inspection, supervision and control of Credit Portfolio and will ensure that quality of assets are maintained. He /She will help all branches to drive their business growth.
Working days - Monday to Friday - 2 Saturdays working
Desired Candidate Requirement
The candidate should be any graduate with relevant expereince.
Preferably a CA or MBA from bank or NBFC background
The Candidate should be an experienced Banking Executive with Managerial & Leadership qualities in addition to technical proficiency in Banking and Finance.