IDFC FIRST Bank | Senior Business Risk Analyst - Supply Chain Finance

Responsibilities

• Analyse financial and non-financial risks in Anchor proposals and Dealer/ Vendor proposals in supply chain finance programs and work with Product team and Credit/ Risk team for timely sanction of SCF facilities.
• Support audits and compliance reviews for supply chain programs.
• Assist in developing and maintaining supply chain finance risk assessment framework and procedural manuals.
• Participate in product development from a risk lens – ensuring new programs meet the risk appetite.
• Identify process gaps and work with Product team to streamline process to improve TATs for sanction of SCF facilities and on-boarding of SCF clients.
• Track performance of approved programs and trigger reviews based on portfolio movements.
• Monitor key risk indicators (KRIs) for early warning signals.
• Review proposals submitted by Analysts for accuracy and compliance.
• Track and ensure adherence to Turnaround Time (TAT) for each level of business risk processing to maintain efficiency and client satisfaction.
• Work in tandem with Product team, Risk Team and CAD team to streamline the risk assessment framework and sanction process.
• Liaoning with SCF & Trade Sales team, Coverage RMs and Anchor/ Dealer/ Vendor clients to source necessary information for preparing SCF Credit Appraisal Memo (CAMs) for Anchor & Dealer/ Vendor new SCF facility sanctions and renewals of existing SCF facilities.

Requirements

• Graduate Degree - Any

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