Technical Manager

Job Description

Basic Details

Business

Financial Service

Unit

ABFL

Location

All location

Poornata Position Number of the job

Reports to: Poornata Position Number

Poornata Position Title of the job

Senior Credit Manager

Reports to: Poornata Position Title

Zonal Credit Head

Function

Risk Management & Compliance

Reports to: Function

Risk Management & Compliance

Department

Credit - EB

Reports to: Department

Credit - EB

Designation of the Employee

Senior Credit Manager

Designation of the Manager

Zonal Credit Head

Date of writing/updation of JD

1-Dec-21

Job Purpose

To manage all activities pertaining to the sanction life cycle of all borrower accounts in the CFG business for all short and medium term products. The key responsibilities include thorough underwriting of credit proposals with the required due diligence co-ordination with the sales team for resolution of risk concerns, maintaining Turn Around Time (TAT) interfacing with the Business team & Credit Committee for faster decisions Assist Regional Credit Manager and Risk Head for business function, new product development.

To undertake analysis of the credit proposal based on pre determined criteria and analysis of market information, current macroeconomic scenario, current portfolio concentration, etc.

Dimensions

• Business Workforce Number
• Unit Workforce Number
• Function Workforce Number
• Department Workforce Number
• Other Quantitative and Important Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Customers or any other parameter

Job Context & Major Challenges

About the Company

As the debt arm of Aditya Birla Financial Services Group (ABFSG), Aditya Birla Finance Limited (ABFL) offers specialized lending and financing solutions in the areas of Capital Markets, Corporate/ Trade Finance, Commercial Real Estate and Mortgages. Currently ranked within the top 25 NBFCs of India, we have made significant progress and our balance sheet at INR 15,000 Cr plus exceed that of several mid-sized Banks and NBFCs.

Major Challenges

• Underwrite Credit Proposal
• Manage High Value Structured Deal
• Achieve high turn-around time to maintain competitiveness
• Renewal / Enhancement of existing facility

Key Responsibilities

• Underwrite Credit Proposal
  • Selection - Based on internally defined criterion, analysis of market information, current macroeconomic scenario & portfolio concentration, etc
  • Assessment - Management Risk, Industry Risk, Business Risk and Financial Risk
  • Structuring - to meet norms and generate internal comfort on lending mechanism. Structure risk mitigants to ensure that the credit recommended is within the articulated credit risk appetite of the company
  • Compliance - Regulatory, Credit Policy and product program
  • Reference Checks - Banks / Other lenders / Trade / Competitors / suppliers / customers
  • Visit - meeting with promoter and visit of business premises
  • Presentation - Capture the strength and weakness with identified risks and proposed mitigants
• Manage High Value Structured Deal
  • Meeting with promoter of borrower
  • Understand the purpose of fund requirement
  • Structuring the deal to fit within regulatory requirement
  • Structuring the repayment in line with cash flow
  • Define the covenants to close monitoring
• Achieve high turn-around time to maintain competitiveness
  • Effort is made to crash timelines with-out compromise to credit quality by:
  • To approve cases as per the approving authority matrix as defined in the policy within defined TAT to ensure customer satisfaction
  • Personal discussion with customers to understand business, cash flows, purpose of loan, etc and resolution of credit concerns.
  • Timely submission of proposals
  • Personal Coordination with proposers and approving authorities to ensure timely decision-making
• Renewal / Enhancement of existing facility
  • Timely Intimation - Advance intimation to Business team for proposals due for review and renewals.
  • Checking Account Conduct & latest updates to ensure the fulfillment of the conditions / covenants stipulated at the time of sanction
• Manage asset quality
  • On-going surveillance of key concern accounts
  • Covenants compliance and timely escalation
  • Quarterly / Half yearly review of the borrowers performance
  • Tracking macro developments affecting portfolio performance and early warning signal
  • To work closely with the business team for recovery and closure of early delinquencies.
• MIS
  • Compilation - Co-ordination, Collection and sanity checking of information desired for preparation of MIS reports for portfolio monitoring.
  • Timely preparation & Effective presentation of MIS reports in precise manner
• Team Management
  • Mentoring colleagues and subordinates
  • Keeping the team motivated
  • Cross functional co-ordination in organizational initiatives
  • Impart training to the team members on policy and process changes
• Business Support
  • Help business team to understand the strength & weakness of the proposal
  • Timely responding to the requests of Business team
  • Support for development of new products and related parameters / documents
  • Conduct training and workshops for the sales line.
• Leading and Executing Specific Projects
  • Projects to improve process delays
  • Develop and promote industry specialization.

Direct Reports

NA

Relationships

Internal Relationships

• Sales team: Daily/weekly - Sales support, branch coordination, document collection etc
• Risk dept: Daily - Proposal approvals, interest rate approval, getting market intelligence
• Operations dept: Daily - Client servicing issues, pledge unpledged details, pricing matrix

External Relationships

NA

Organizational Structure

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