Raise to the attention of Management credit assets that may be moved to classified status in order to minimize loan provisioning.
Identify problem lending situations and recommend appropriate corrective action to minimize losses and maximize recoveries. Make recommendations for provisions as and when needed.
Performing a risk assessment, analyzing current risks & identifying potential risks that are affecting the company.
Ensures that appropriate credit risk ratings & related restructuring packages are assigned to the borrowers & are effectively communicated to relevant stakeholders
To ensure all the provision are properly reported in the division’s P&L and related profitability in case of any settlement.