VP/ Head - Wholesale / Corporate Credit

Antal International · Mumbai metropolitan region, India

VP / Head - Wholesale / Corporate Credit

Role Purpose

To lead the Wholesale/Corporate Credit function of the bank — driving quality credit underwriting, portfolio growth, and risk management for the corporate/wholesale banking book (large corporates, mid-corporates, NBFCs, and structured finance), while ensuring compliance with RBI regulations, internal credit policy, and board-approved risk appetite.

Key Responsibilities

1. Credit Policy & Underwriting

• Own and periodically review the Wholesale/Corporate Credit Policy in line with RBI guidelines, board risk appetite, and market conditions
• Lead independent credit appraisal and underwriting for large-ticket exposures (working capital, term loans, structured finance, trade finance) across corporate and mid-corporate segments
• Ensure robust financial analysis, industry/sector assessment, cash-flow modelling, and covenant structuring for all proposals
• Chair/participate in Credit Committee for approvals within delegated authority; present proposals to the Management Credit Committee/Board Credit Committee as required

2. Portfolio Management & Risk

• Monitor portfolio quality, concentration risk (sector, group, single borrower), and early warning signals (EWS)
• Drive proactive stress-testing and watchlist management; work closely with the recovery/NPA management team on stressed accounts
• Ensure adherence to prudential exposure norms, sectoral caps, and RBI large exposure framework
• Own portfolio-level metrics: GNPA/NNPA, slippage ratio, credit cost, rating migration, and RAROC

3. Business Partnering & Growth

• Partner with the Wholesale Banking/Corporate Banking business team to enable quality growth in the corporate loan book
• Balance growth objectives with risk discipline; act as a strong second line/independent check on business origination
• Support structuring of complex transactions (syndication, consortium lending, structured/project finance) as needed

4. Governance, Compliance & RBI Interface

• Ensure full compliance with RBI regulatory guidelines, IRAC norms, and internal audit/RBI inspection requirements
• Be the credit function's point of contact for RBI inspections, statutory/internal audits, and regulatory reporting on the wholesale book
• Ensure the role and any deputy positions meet RBI Fit & Proper criteria where applicable

5. Team & Process Leadership

• Build, mentor, and lead a team of credit analysts/underwriters; strengthen credit assessment capability and turnaround time
• Drive process automation/digitization of the credit underwriting and monitoring workflow
• Institutionalize credit risk rating models and ensure their periodic validation

Candidate Profile

Experience:

• 12–22 years of experience in corporate/wholesale credit underwriting and risk management, with at least 5–7 years in a leadership role heading a credit function or a large corporate credit vertical
• Prior experience in a private sector bank, PSU bank, NBFC, or SFB with a demonstrable wholesale/corporate credit book
• Track record of managing a portfolio through at least one credit cycle (growth and stress phases)

Qualifications:

• CA / MBA (Finance) / CFA from a recognized institute; additional certification in credit/risk (e.g., FRM) is a plus

Competencies:

• Strong credit judgment and financial/industry analysis skills
• Working knowledge of RBI regulations — IRAC norms, large exposure framework, prudential guidelines
• Experience with credit rating models, RAROC frameworks, and structured/project finance
• Strong stakeholder management — Board, Risk Committee, business heads, regulators
• Team-building and people leadership capability

RBI Fit & Proper: Candidate must be eligible to meet RBI's Fit & Proper criteria for senior management positions (no adverse regulatory/legal history, requisite experience and qualification thresholds).