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To support activities pertaining to timely processing of all disbursements and other transactions of Corporate Finance vertical, proper recording and maintenance of transaction documents.
Job Context: 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.
A well established brand and top 3 player in the Capital Markets space, today our product suite comprises of a well-diversified look, with equal weightage and focus given to the 3 lines of business. Having seen a y.o.y cumulative growth of 50% in both top-line and bottom line, sustainable profitability continues to be the key management agenda.
The company has a well-defined vision of being one of the most reputed and material financiers within the lending space – spread across both retail HNI and corporate clientele. We have made significant investments in our process and system infrastructure towards preparing for the next level of growth and are one of the only financial entities certified for ISO 9001:2008 across all our business processes. Spread across 18 cities, we plan on further diversifying our risk and revenue mix through expansion into new geographies and new product segments allowing our customers a one-window shop for all their financing needs.
The Mid Office Group (MOG) has two divisions – (A) Mid Office and (B) Operations. The key deliverables are accuracy and completion of transactions within TATs.
Mid Office is responsible for controlling & managing the post sanction processes for all loans sanctioned with accuracy and within defined TATs. The key activities include preparation of sanction letter and loan documents, checking of executed loan documents, collateral management and safe custody of documents.
Operations division is responsible for controlling and managing all operational activities. The key activities include activation and managing all loan accounts, disbursement & repayment authorization, accounting of all business transactions, reconciliation and submission of MIS to various stakeholders..
The product suite of CFG vertical contains variants of Trade Finance like Channel Finance, Vendor Financing, Invoice Discounting, Bill Discounting backed by Letter of Credit and Bank Guarantee. There are other products which are at various stages of getting launched like Lease Rental Discounting, Loan against Properties, Term Loan, etc.
The Team member – Operations provides support in the processing of CFG lending transactions. He is responsible for error-free & timely processing of all disbursements and other transactions within defined TATs & Cut-Offs, coordinates with Accounts department for completion of transaction.
The major challenge in this role is to process large volume of disbursements within Bank’s cut-off time while ensuring accuracy of transaction processing.
The critical skill sets required for this profile are knowledge of CFG products, process orientation, understanding of the IT systems and good knowledge of Excel.
The education & experience required to fulfil this profile are a Graduate with 5-6 yrs of experience in corporate finance operations.
| KRA (Accountabilities) (Max 1325 Characters) | Supporting Actions (Max 1325 Characters) | |
|---|---|---|
| KRA1 | To ensure recording of all transactions accurately in the system. | ? To ensure recording of all transactions accurately in the system by checking supporting transactional documents as per policy & guidelines. ? To follow up for recoveries of discounting and overdue charges, margin money, TDS certificates |
| KRA2 | To ensure transaction processing within defined TATs | ? To co-ordinate with Accounts for ensuring completion of transactions within defined TATs & Cut-Offs ? To provide timely response to client / RM queries and providing timely loan updates. . |
| KRA3 | Safe custody and storage of transactional documents | ? To keep all transactional documents properly in safe custody. ? To provide necessary documents to internal and statutory auditors. |
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 3-4 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Team Member - Repayment Management at Aditya Birla Group.
This role requires around 3-4 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to Aditya Birla Group's application process for this role.