Job Description :

Role & Responsibilities :

1. To build a robust credit coverage and Credit monitoring system :

- Focus on identification, measuring, monitoring, and managing the risks (including credit, operational, market risks etc.) in the overall portfolio and individual borrowers

- Gathering market intelligence about the borrower and industry through :

- Regular lesioning with borrowers bankers, credit rating agencies, CIBIL etc.

- Regular meeting with companys management and its supply chain stakeholders

- Interacting with other industry players, wherever possible

- Any other sources of information that are available

- Taking responsibility of managing the overall credit quality of the portfolio

- To have risk awareness about macro and sectoral issues related to various sectors where the division has lent and is looking for business opportunities

- Benchmark the internal credit monitoring policy to the industry and keep improving upon the same

- To monitor the compliance of internal and regulatory guidelines etc.

2. To perform portfolio monitoring and leverage data analytics for effective Credit monitoring & formulate compliance processes for new and existing business :

- To monitor the portfolio performance by continual analysis of fundamentals & reviewing the ratings, analyses the covenants and evaluate industry performance in that sector

- Regularly updating on the pending compliances, gaps in security creation and perfection to be duly highlighted to the senior management including credit committee etc.

- Regularly track and evaluate the collaterals using Collateral Management System or any other process/system and suggest mitigant steps to preserve/recover the value of the collaterals as the case may be

- Empanel and use the services of established and on ground valuers to identify any impairment in the collateral and take appropriate steps

- Devise risk-based data analytics tools, including Collateral Management System and pending compliances etc., that are constantly evolving and gradually can be used to predict the Early Warning signals

- Use statistical models to standardize and improve lending decisions

- To make sure that all the post sanction compliances are regularly met and adhered to

- Ensuring proper end use of funds, adequate insurance cover of borrowers assets, legal documentations are complete and valid etc

- Monitoring escrow statements and cash flow performance of the project and the borrower

- Keep track of the timely receipt of all payments from the borrowers and to ensure that ABFLs security and security cover are constantly monitored and safeguarded

- Conduct regular site visits and periodic meetings with companys management wherever required and feasible

- Suggest and initiate actions when risk metrics are breached or have potential to be breached and follow up on the action items as advised by the management

- To regularly upgrade credit procedures & ensure their compliance with internal & external rules of lending

3. Monitoring & Risk Identification of Under Construction and operational Projects :

- Keeping track and monitoring of the under construction, along with Business & Credit Team, including physical and financial progress.

- Using latest technology such as satellite image analytics, artificial intelligence, machine learning, among others to enable risk identification, monitoring and field level interventions

4. To manage a robust documentation mechanism for business proposals & develop MIS reporting for areas under credit management :

- To ensure efficient Turnaround time (TATs) by the Credit and Operations team for validating and processing the proposals.

- To maintain accurate reports & analysis of portfolio risk variances & trends for the lending portfolio

- To present periodic MIS to the Head Credit Monitoring and other internal and external stakeholders

- To effectively deploy processes and mechanisms for ensuring high quality TATs for validating lending proposals & share the same with all concerned

- To ensure prompt resolution/ explanation of queries raised by sanctioning authorities

Preferred candidate profile :

- Seeking candidates with 8-12 years of Credit/Credit monitoring experience, specifically in Wholesale Lending.

- Preferably from Tier 1 MBA colleges, CA, or with large corporate experience, not from PSUs or Small Finance Banks.