HDFC Bank - Credit Manager - Dealer Finance - AU/TW/CV/CE/TR/CD

Job Purpose

Inventory Finance facility is the loan facility extended to the dealers in the primary market for procurement of vehicle stocks & spares from various Manufacturers. Automobile industry as a whole has been growing consistently & this growth has given high business opportunity to cater the financial needs of the dealer fraternity. We provide financial assistance to Auto / TW / CV / CE & Tractor dealers primary to fulfil their Short term working capital & other long term needs in the form of INF, TA, CC, BG & Term Loans. Currently total portfolio of this unit is more than INR 12000 crs spread across 2200 plus dealers & growing.

There are 3 primary roles the credit managers have to perform in this unit :

1. Underwriting & Risk Assessment:

Adherence to defined credit policies and processes with low defects/reworks. Also, checking the scope of credit/ underwriting beyond policies to analyse the outlook of Industries operating in the same market and compare the results/output while underwriting the credit applications of dealers. He/ She needs to understand all aspects related to funding like clear concepts of different financial ratios and analysis, Industry wise knowledge, risk based on customer business model etc.

2. Daily Transaction Management :

Processing of day-to-day transactions in the form of exceptional tranches/ indents that flow to credit unit in case of deferrals, overdues, temporary overdrafts, adhoc / cam extensions & other credit stipulations within specified TATs

3. Portfolio Monitoring :

Since the customers we acquire usually have higher stickiness there is a critical need to monitor these A/c's on a regular basis by way of

- Annual Revision of existing dealers

- Deferral Review & Management

- Overdue Review & Control

- SOT Monitoring

- Retail Conversion Monitoring

- TAT Management