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11/07 Aditya Oak
Talent Acquisition Team at Piramal

Views:693 Applications:69 Rec. Actions:Recruiter Actions:12

Piramal - Investment Manager/Associate Principal - Value Enhancement Group - CA/IIM/ISB/MDI/FMS (6-10 yrs)

Bangalore Job Code: 1123810

Purpose of Job :

- Responsible for maintaining working relationships with clients and assisting the resolution officer through analysis of financial statements and dedicated monitoring of project progress as well as account

Essential Qualification :

- MBA from Tier 1 institute / CA

Essential Experience :

- 6+ years of experience in debt restructuring at a reputed Bank/ NBFC/ Private Equity/ ARC

Key Roles & Responsibilities :

- Scrutinize stress through financial statement analysis, e.g., borrowers financial statements, sales projections, collection analysis etc.

- Assess expected recovery amount from the strategies along with the resolution officer

- Maintain working-level client relationships (e.g., with project CFO, site manager and other clients) and conduct weekly check-ins along with the resolution officer

- Regularly monitor stressed facilities and account through data collection and follow-ups with clients in coordination with the asset monitoring team

- Track sales and collection of the individual projects and asset quality to prevent further slippages, e.g., monitoring borrowers overall financial position and project specific plans

- For all further disbursements and fund usage from collections ensure compliance to the agreed upon construction-linked plan, conditions preceding and conditions subsequent

- Prepare monthly internal review reports for assessment of project progress and efficacy of resolution strategy

- Oversee implementation of key decisions that have an impact on P&L and Balance Sheet

- Support MIS/Finance for managerial and regulatory reporting as needed

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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