Area Credit Head - Credit Retail Secured - Mysore

Job Description

Basic Details:

Fill the required information about business, unit, location, position, reports to position and date of updation of JD

Business

Financial Services

Unit

Aditya Birla Finance Limited

Location

Patna & Ranchi

Poornata Position Number of the job

Reports to: Poornata Position Number

Poornata Position Title of the job (30 characters max)

Area Credit Manager

Reports to: Poornata Position Title

Function

Risk Management & Compliance - RMC

Reports to: Function

Risk Management & Compliance

Department

BGFCRDC

Reports to: Department

Designation of the Employee

Area Credit Manager

Designation of the Manager

Date of writing/updation of JD

09

th

Mar 2022

1) Position purpose

:

Write the purpose for which the job exists (in 2-3 lines)

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Max 1325 Characters)

The purpose of this job is:

Review STSL D2C credit proposals, carry out thorough due diligence within stipulated turnaround times and decision of the cases / recommend the same to respective authorities - Zonal Credit Manager, National Risk Manager, Credit Committee for decision/ approvals on the case

Sustain the quality of portfolio by regularly reviewing the portfolio and suggesting for the policy changes accordingly if any

Regularly Review & Monitor the Portfolio Performance, PDD movement and Compliance related matters

Regularly Review & Monitor Vendor Management and closure of Audit queries

Bringing in the Process Efficiency & Quality Improvement Initiative, Cost Reduction Initiatives and Stakeholder Management

Client Centricity, Productivity and People Management

2) Dimensions

:

Mention quantitative or qualitative parameters that are relevant for the job and deliver a better understanding of the scope and scale of the job.

Business Workforce Number

(Max 254 Characters)

Unit Workforce Number

(Max 254 Characters)

Function Workforce Number

(Max 254 Characters)

Department Workforce Number

(Max 254 Characters)

Other Quantitative and Important Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Clients or any other parameter

3) Position context & Key challenges

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Write the specific aspects of the job that deliver a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section

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(Max 3975 Characters)

Organizational Context

Key Aspects:

As the lending 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 10 NBFCs of India, ABFL has made significant progress and the Company's balance sheet at INR 45,000 Cr plus exceeds that of several mid-sized Banks and NBFCs

Having focused traditionally on big ticket secured lending verticals and built a strong balance sheet on the same, ABFL has now also ventured into Small Ticket Secured Lending (STSL D2C) Business segment in order to effectively capitalize on its financial base with carefully managed exposures in this higher yield segment

Small Ticket Secured Loan (STSL D2C) segment products line caters to funding medium to long term working capital needs of small businesses and individuals, via a suite of customized medium and long tenured products which are primarily backed by collaterals/security.

Risk function is engaged in evaluating the creditworthiness of business entity/individual applicants by considering quantitative & qualitative factors like the client credibility, size of the client business, earnings of an individual, capital adequacy, liquidity and management quality

Position context

Key Aspects:

Portfolio Management

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Business & Financial Management

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Client Focus

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People/Group Management

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Productivity Management & Improvement

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Process & Quality Improvement

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Key Challenges

To make sure availability of data and information for exhaustive credit appraisals as each of the proposals has their respective structuring complexities as per the client, product & regulatory qualifications.

To build strong rapport with sales teams in order to elicit relevant and important information on client profiles in order to mitigate risks

To make sure faster TATs for approval of credit proposals in a highly competitive & dynamic market.

To keep abreast with market/ regulatory/ product related insights and trends in order to enhance client interactions and minimize credit or operational risks

To make sure that credit and client risk are mitigated while pending documentation is monitored and regularized

Enabling Skill Sets & Qualifications

Critical skill required for this role are a strong analytical acumen, evaluation capabilities, detail orientation & decision making capabilities.

The education & experience required to meet this profile are a Chartered Accountant or an MBA with minimum 8 – 10 yrs of experience in credit and risk functions of Banks/NBFCs

Significant exposure to mortgage backed products in the self-employed segment with rich experience in underwriting

Exposure to multiple geographies and location specific considerations

Ability to take wholesome view and deduce patterns arising out of various actions

Flair for numbers and an ability to understand processes read balance sheets and understand client business models

Systematic & Meticulous and Ability to execute under pressure

Good analytical & logical abilities and Good communication

High resilience, energy & i

This opening is for the Area Credit Head - Credit Retail Secured - Mysore position in Mysore.