Early Warning Signals

Role SummaryThe analyst role entails being a team player in Fraud Containment Unit within bank.The function of this role is todefine relevant indicators and engage in the steps for gathering and validating the information consumed for trigger accuracy, summarize and interpret the outcome of EWS review.facilitate collection and processing of relevant market and company information for Credit monitoring( Bank transaction monitoring, stock statement monitoring, overdue etc.) to enable an early detection of stress and prevention of potentially fraudulent activities.facilitate implementation of wilful default policy within the bank by collection and processing of relevant informationKey Responsibilities/ AccountabilitiesStrategic/ Managerial ResponsibilitiesThe analyst role would be responsible to identify potential stress or frauds by analyzing various internal alerts, including transaction, behavioral, financial, and external alerts, and highlighting the same to the stakeholdersThe person will be responsible to facilitate implementation of wilful default policy within the bank by collection and processing of relevant informationThe ideal candidate will demonstrate robust analytical capabilities and proficiency in identifying early signs of stress within the portfolio and highlighting the same to stakeholdersCore ResponsibilitiesFunctioning of the Fraud Containment Unit and engage with various teams across Corporate, SME & Retail verticals to identify incipient stress in borrower portfolio by proactively analyse information across market indicators, transactional parameters, financial parameters, external news etc.Collaborate with different stakeholders (Business, Credit, Legal, Collection, Secretarial, etc.) for timely completion of entire processWell versed with regulatory guidelines and master circularsConstant engagement and Co-ordinating with various stakeholders to track timely closure and obtaining required approvals for any process related modification / enhancementImparting trainings to relevant stakeholders on regulatory requirement and functioning of the Wilful defaulter’s process.Monitoring and presenting monthly review of exposure reported/screened under wilful defaultersPeople Management or Self-Management ResponsibilitiesCollaborating with external vendors and internal teams of the Bank to ensure efficacy of the EWS / RFA/Wilful defaulters processes, alerts generated, and identification of accounts which need close monitoringCo-ordinating with various stakeholders in obtaining required approvals for finalising any process related modification / enhancementRisk and Internal Control ResponsibilitiesConvening meeting at defined intervals to present outcome and placing a periodic update to seniors.KEY INTERACTIONSKey InteractionsPurpose of InteractionBusiness, Credit, Risk, Legal, Secretarial & CDAG teams at various levels of managementExternal agencies /vendors as per requirementKnowledge & ExperienceKNOWLEDGEMinimum QualificationsMBA/PG-in FinanceCAProfessional CertificationsProficiency in MS-ExcelKnowledge of Credit assessment will be added advantageLanguage SkillsWritten and spoken English is essentialExperienceYears of Experience2-7 yearsNature of ExperienceEWS, Credit Monitoring, Compliance, Policy, Financial analysis, Credit assessment and risk management, Fraud control, Wilful DefaulterCOMPETENCIES & KEY PERFORMANCE INDICATORSBEHAVIORAL COMPETENCIESCore CompetenciesCompetency NameBehaviorsProduct KnowledgeCredit Products & Process KnowledgeProfessional EntrepreneurshipShould have proactive and constructive approach towards work.Displays solution oriented and initiatives.Quality FocusEnsures adherence to quality standards in work/service delivery, identifies opportunities for improvement in routine course of work.Adheres to laid down systems, procedures and identifies opportunities to enhance efficiency in own sphere of work through incremental improvementLeadership CompetenciesCompetency NameBehaviorsLead and Develop peopleSets performance expectations at the department level, monitoring performance, providing measurement systems, driving accountability, and rewarding high performance.Enables empowerment by assigning clear challenging tasks with definitive accountabilities, resources, and authorityEnables ChangeDisplays the ability to depart from traditional methods/behaviors and adapting quickly when situational constraints require new or different approaches.Cascades the vision for change, and leads required transformation in structure, processes, and capability to ensure a smooth transitionTECHNICAL COMPETENCIESTechnical CompetenciesRegulatory knowledge and Financial Analysis of industry segmentAnalytical ability- analyse relevant data and draw actionable insights