IDFC FIRST Bank | Credit Manager-Wholesale Banking

Primary responsibilities

• Credit Manager – Wholesale Banking will manage a sizable portfolio of corporate clients, ensuring portfolio health, and minimizing stress accounts or NPAs. The role holder will be responsible for enhancing the breadth and depth of product offerings to maintain a competitive edge in target markets.
• Develop, maintain, and continuously improve credit risk management strategies, frameworks, and risk tolerance levels for the corporate lending business.
• Conduct thorough and independent credit risk assessments of all proposals, focusing on asset quality, pricing, collateral, financials, management quality, and industry outlook.
• Provide recommendations on credit ratings and risk-return ratios to the appropriate approval committees.
• Engage extensively with business teams to ensure alignment with the bank’s risk appetite and identify early warning signs of stress.
• Lead portfolio reviews and assess early warning signal effectiveness to minimize risk.
• Ensure timely generation, dissemination, and follow-up of portfolio risk reports and dashboards in line with defined procedures and quality standards.
• Oversee the implementation of enterprise risk management policies and ensure compliance with all regulatory and internal requirements.
• Provide inputs to policy and product teams based on industry changes and trends.
• Support the formulation and revision of credit policies.
• Collaborate with internal stakeholders to enhance risk governance and operational efficiency.

Requirements

• Minimum 9 years of relevant experience in credit risk management, preferably in wholesale or corporate banking.
• Strong analytical and decision-making skills.
• In-depth understanding of credit risk assessment, financial analysis, and regulatory frameworks.
• Excellent communication and stakeholder management abilities.
• Proven leadership and team mentoring capabilities.
• Ability to drive innovation and continuous improvement in risk processes.
• High level of integrity, compliance orientation, and customer-centric mindset.

IDFC FIRST Bank Limited

IDFC FIRST Bank took its present form on 18 December 2018, when IDFC Bank and Capital First merged. IDFC Bank had been launched in November 2015 through a demerger from IDFC Limited, the infrastructure finance company set up in 1997, while Capital First brought a retail lending business built around consumers and small entrepreneurs. IDFC Limited, the former holding company, was itself merged into the bank with effect from 1 October 2024, leaving a simpler structure with no holding company and no promoter. Listed on the NSE and BSE, the bank has its corporate office at Bandra-Kurla Complex in Mumbai and its registered office in Chennai, and lends mainly to retail, rural and small-business customers.

Finance-side roles at the bank include credit managers for loans against property, rural branch lending and wholesale banking, trade finance operations staff, reconciliation and operational-risk work in wholesale banking, internal auditors (including gold-loan audit), due-diligence quality control and business finance analysis. Openings are spread over cities such as Mumbai, Navi Mumbai, Thane, New Delhi, Bengaluru, Hyderabad, Ahmedabad, Jaipur and Lucknow. Many postings accept a graduate or postgraduate in any discipline, often a B.Com, BMS or BBI, while several credit and finance roles ask for a CA or an MBA in Finance, or list CA, CFA or ICWA as preferred.

• Industry: Banking: retail, rural and MSME lending, deposits, wealth management, and wholesale and trade banking
• Headquarters: Mumbai, India (corporate office at Bandra-Kurla Complex); registered office in Chennai
• In India: IDFC FIRST Bank Limited, listed on the NSE and BSE, with its corporate office in Mumbai, its registered office in Chennai and branches across India