HDFC Bank - Unit Head - Commercial Loans & SCM

- Unit Head is responsible for processing of large value commercial loans & supply chain management transactions of wholesale banking clients i.e. large Public Sector Undertakings and large corporates in the CBG and ECG segments initiated from Trade & Decentralized Trade Desks for the entire North region.

- Unit Head has to ensure adherence towards process and procedures for the multiple product areas e.g. loans, SCM within the RBI \ FEMA Guidelines and our Internal process requirements.

- UH is responsible to lead the team for efficiency, productivity, quality of process, maintaining the agreed TATs, checks n controls and ensure regulatory compliance to guidelines.

- Position carries responsibility of managing, completing the loan disbursal, liquidation, interest maintenance for large corporates, SME customers etc. SCM transactions i.e. sales & purchase invoice discounting, sales bill discounting, factoring etc. in compliance with audit and regulatory requirements, error free processing with the objective of meeting customer satisfaction and generation of defined revenue. 

- The job role requires comprehensive regulatory knowledge of loans and advances, asset classification norms, credit covenants etc., The staff should have a good understating of all the credit facilities and understanding for credit approval memos / covenants for sole & multiple banking and consortium finance clients.

Commercial Loans to PSUs and Corporates :

- Proper understanding of credit approval memo and conditions & covenants stipulated in the approval.

- High Value Large disbursements.

Business Management :

- Position carries responsibility of managing, completing the loan disbursal, liquidation, interest maintenance for large corporates, SME customers etc. SCM transactions i.e. sales & purchase invoice discounting, sales bill discounting, factoring etc. in compliance with audit and regulatory requirements, error free processing with the objective of meeting customer satisfaction and generation of defined revenue.

- The job role requires comprehensive regulatory knowledge of loans and advances, asset classification norms, credit covenants etc., The staff should have a good understating of all the credit facilities and understanding for credit approval memos / covenants for sole & multiple banking and consortium finance clients.

Commercial Loans to PSUs and Corporates :

- Proper understanding of credit approval memo and conditions & covenants stipulated in the approval.

- High Value Large disbursements.

- High Value Large liquidations.

- Preparing Loan Amortizations.

- Interest servicing in loans.

- Monitoring recovery in loans.

- Monitoring & recovery of PDOs.

- Processing reschedulements & moratorium of loans

- Implementing Resolution Plans.

- Managing the life cycle of loan contracts.

- Handling queries of Customers, Business, treasury and other stakeholders.

- Thorough understanding of system work flow in the core system and utilities.

- Ensure daily checks and controls for transactions processed

- Digital Mindset - Automation of manual activities, system controls and checks

Supply Chain Management Bills :

- Thorough understanding of SCM Products.

- Sales and Purchase Invoice Discounting.

- Sales and Purchase Bill Discounting

- Factoring transactions.

- High Value sales bill discounting of transactions of PSU's .

- Monitoring of Escrow Accounts.

- Understanding of credit approvals and covenants.

- Invoice discounting on Enet platform for select clients.

- Managing the life cycle of SCM Bills.

- Monitoring recovery in SCM Bills

- Monitoring & recovery of PDOs.

- Handling queries of Customers, Business, treasury and other stakeholders.

- Thorough understanding of system work flow in the core system and utilities.

- Ensure daily checks and controls for transactions processed.

- Digital Mindset - Automation of manual activities, system controls and checks.

- Coordinating with customers for physical verification of invoices at client site.

- Knowledge of RTGS and NEFT Products and impact on Loans and SCM Products.

TAT & Process Improvement :

- Continuously monitoring and review of TAT at transaction level to meet tight deadlines committed to corporates & PSUs.

- To critically review the all existing process system work flow and suggest for further improvement and streamlining of process, check, controls and customer deliverables.

Strategic Planning :

- Team Management and work allocation

- Planning with regards to resources to be deployed for various activities in the unit.

- Planning for managing the projected volumes.

- Risk mitigation in most sensitive loans and SCM products.

MIS and regulatory reporting :

- MIS to Business on Loan repayments dues

- To ensure adequate compliance on various reports / information demanded by external bodies like RBI, GOI and all the internal stakeholders etc. which are very critical.

- Data Validation & Consistency - The data to be extracted and needs to be verified for accuracy and ensure timely submission of the same.

- Daily Controls MIS

- MIS to CPUT Head for their analysis & comment.

Other Responsibilities :

- To display ability to guide team effectively.

- Takes ownership for own and team's deliverables.