Credit Officer, Associate
Deutsche Bank — Mumbai, MUMBAI
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Job Description
The Credit Officer, Associate position sits in the Deutsche Bank office in Mumbai.
Job Description:
In Scope of Position based Promotions
Job Title: Credit Officer, Associate
Location: Mumbai, India
Post Description
- Risk division has a fundamental responsibility to protect the Bank. With group-wide responsibility for the management and control of credit, market, operational and reputational risks, we have a unique vantage point which allows us a holistic view of our businesses and our customers.
- Nearly 4,000 employees work together in our division to reach our ambition to be an industry-leading risk management organisation. In an increasingly multi-layered environment, risk management is fast-becoming the most sought after place to develop a career within the banking world. Risk at Deutsche Bank is relied upon to help shape the strategy of the organisation and the wider industry agenda.
- The Global Credit Analytics Function (GCAF) is entrusted with the work of assigning and surveillance of Probability of Default Rating to Corporate and Institutional counterparties of the Bank. As part of Risk’s transformation journey, GCAF is bringing Credit documentation to its purview and requires robust analysts to handle the same.
What we’ll offer you
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under child care assistance benefit (gender neutral)
- Flexible working arrangements
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
Your key responsibilities
- Undertake accurate and timely credit analysis of counterparties (such as Corporates and FIs) by pinpointing business and financial risk based on understanding of business model, financial statement analysis, preparing cash flow model/ forecast and peer analysis.
- Write Rating reports and credit reviews/analysis for recommendation to Senior members for approval.
- Active participation in Live trades with onshore credit officers (KCP) by understanding the trade dynamics, giving your recommendation and completing the credit write-ups (Addendum) for the same.
- On-going monitoring & surveillance of assigned international portfolios, such as rating changes, market/industry developments,news events, etc and assessing the impact on credit worthiness of the counterparty, keeping DB’s exposure in mind.
- Understand the a range of banking products (among them Trade Finance and Derivatives) and credit documentation for the same. Support the KCP with appropriate checks and its inclusion in the credit reviews.
- Monitoring of limits/exposure: Updating Limit amendments and credit relevant data updates in the credit system. Exposure monitoring and timely clearance of Excess tickets. Timely monitoring of covenants and regular discussion with KCPs.
- Oversee own credit portfolio and assist senior decision makers to make informed decisions based on your recommendations
- Interface directly over with the Credit officers (KCP) and other stakeholders (business side, Exposure managements, and different ops teams) to guarantee complete understanding of DB’s exposure and timely completion of the credit reviews.
- Participate in ad-hoc projects related to portfolio exercises (industry/regional exercise), regulatory developments, sector notes, audit exercises and support onshore KCPs for a range of business strategies.
- Ensure compliance with relevant and applicable local and global regulatory and policy needs
Your competencies and experience
- Relevant professional qualifications are MSc / MA / MBA / CA / CFA, etc.
- Relevant work track record in credit underwriting
- Solid analytical competencies, grasp of financial markets and economic/industry trends
- Solid accounting background, know-how of financial ratios, financial statement analysis, cash flow projections or project finance
Proven capability to use AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to secure responsible and ethical use of data and AI outputs.
How we’ll support you
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
About us and our teams
Please visit our company website for further information:
https://www.db.com/company/company.html
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
Frequently Asked Questions
What are the eligibility criteria for the Credit Officer, Associate job at Deutsche Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-5 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Credit Officer, Associate at Deutsche Bank?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Credit Officer, Associate at Deutsche Bank.
Is prior experience required for this position?
This role requires around 0-5 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Credit Officer, Associate role at Deutsche Bank?
You can apply directly using the Apply Now button on this page, which will take you to Deutsche Bank's application process for this role.
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