VP, Credit - Structured Finance

Job Purpose

The job exists to conduct detailed credit assessment and preparation of credit appraisal memos for corporate and structured financing; to manage the overall health of the allocated portfolio and to guide a team of credit analysts. Additionally, the person will be expected to support budgeting, regulatory reporting, portfolio reviews and MIS from the Group Credit perspective.

• Handle independently credit evaluation and approval process for corporate lending and structured debt across various sectors, including working capital facilities, trade facilities, project finance, asset finance, non-recourse real estate financing and leveraged/acquisition finance.
• Coordinate with Corporate Finance teams in developing appropriate product programs and assisting in the development of RACs.
• Analyze complex transaction structures, asset quality and counter party risk as part of the credit analysis.
• Review term sheets and identify credit and structural risks in collaboration with legal counsel.
• Set credit terms and conditions, including limits, amortisation schedules, covenants, seniority of claims, EoD terms, etc.
• Monitor ongoing credit exposure at product and counter party level, and undertake ad‑hoc event‑based risk analysis on structured debt exposures.
• Ensure compliance with credit policies, regulatory requirements and industry best practices.
• Manage the allocated portfolio of clients with timely annual reviews, monitoring delinquencies, early warnings, adherence to covenants, documentary deferrals, and actively engage with business counterparts to address credit related issues.
• Participate actively in digitalisation and automation based projects, representing Group Credit in project teams and/or leading such initiatives within Group Credit.
• Engage senior business counterparts to ensure the proposed facility meets clients’ expectations within the bank’s underwriting standards.
• Accompany business counterparts to client meetings to better understand the client and proposed credit facility.
• Adhere to departmental policies, standard operating procedures and practices, ensuring smooth, methodical work.
• Exhibit consistency with the organisation’s values and ethics, demonstrating a value‑driven culture.
• Be knowledgeable of regulatory and internal bank policies.
• Demonstrate strong communication and writing skills when preparing & submitting credit proposals to approving authorities within the Bank.

Guide and train a small team of credit analysts for credit underwriting.

• 15 years of experience in banking, including 5–7 years in structured debt financing structures.
• Good understanding of structured debt financing structures, multi‑sector experience and asset valuations.
• Strong financial modelling and Excel skills, with ability to review a financial model, RAROC and returns sheets critically.
• Understand key risk elements for structured financing, including standard valuation procedures and monitoring frameworks.
• Excellent communication skills, capable of clearly articulating risk consideration and credit rationale.
• Knowledge of regulatory requirements (Basel norms, IFRS 9, ECL & impairments calculations) relevant to credit risk.
• Ensure completeness & accuracy of documentation submitted with the credit request to avoid fraud and/or delinquency.
• Ensure compliance with the bank’s credit underwriting policies and address any exceptions.
• Perform portfolio management activities such as past‑due monitoring, breach of covenants, stress testing, etc.
• Review excess rental release requests of clients, considering available and expected rental cash flows.
• Co‑ordinate with stakeholders such as Business Units, Credit Administration, Collections, Operations, etc., to streamline issues affecting credit facilities.
• Review/approve deferral or waiver requests by customers in the context of credit risks involved.
• Ensure all loan applications and service requests are dealt with efficiently within agreed SLAs.
• Maintain required departmental MIS on an ongoing basis.
• Maintain records of approved loans and proposal documents in a common folder/system to safeguard from missing or misplaced documents.
• Work under pressure without compromising credit underwriting quality.
• Perform any additional job‑related tasks/projects as and when assigned by the Line Manager.

• Bachelor’s degree, preferably in Finance, Banking or Commerce.