Hero Fincorp - Senior Associate - Banking Relations

Job Profile: Sr Associate - Banking Relations

Location: Delhi (Vasant Vihar)

Reporting To: Head - Treasury (onshore)

Key Responsibilities

- Plan the bank borrowing for the company as per the annual plan and borrow from the banks periodically.

- Arranging funds via Term Loan, Working Capital, Direct Assignment, Securitization, etc.

- Onboarding new bankers through different borrowing products

- Preparing CMA Data for the bank borrowing

- Preparing quarterly and half-yearly compliance reports like QIS, FFR, QMR, etc.

- Supporting the Treasury Operations Team in the different compliance and reporting

- Preparing the New Banking Group (for existing or new bank relationship) / in-principal / Board note for reducing the lead time for final sanction

- Preparing the modification/amendment letter on banking sanctions

- Arranging meetings with senior bank officials

- Preparing the bank documentation and liaising for its early closure.

- Working on annual renewals and interest resets with banks.

- Handling various queries of Banks, Rating Agencies, auditors and other investors

- Continuously updating the Borrowing deck, Investor Presentation and other standardized documents

- Mobilisation of Funds as per Annual Fund requirements and to plan the borrowing well in advance to maintain proper liquidity throughout the year

- Availing WCDL on repayment, keeping updated with market dynamics

- Continuous research on the economy, debt markets, and RBI regulations to ensure more informed decisions on funding

- Ensuring maintenance of Treasury systems and implementing all treasury-related processes

- All responsibilities should be performed as per the Company Values and guidelines mentioned in the Company policies, as applicable and within the parameters of the Company Code of Conduct.

Education: MBA / CA (Preferably CA)

Skills & Competencies

- Strong Understanding of NBFC / HFC business

- Good in understanding financial ratios and analysis

- Sound understanding of Accounting and Financial Mathematics - Knowledge of ALCO, ALM and regulatory guidelines

- Strong Communication Skills - Strong Presentation Skills

- Proficiency in MS Office (Highly desired - excel and PowerPoint)