Job Purpose

The purpose of this job is to execute risk and credit operations on the basic transactions assigned, as per established frameworks and processes, ensuring sound portfolio quality management. Further, this role coordinates with Sales, Operations and ABFL Risk colleagues to ensure efficient and effective risk management operations

Job Context & Major Challenges

Job Context/Job Challenges

Part of the Aditya Birla Financial Service Group (ABFSG), Aditya Birla Housing Finance Limited (ABHFL) is registered with the National Housing Bank as a housing finance company under the National Housing Bank Act, 1987.The company offers a complete range of housing finance solutions such as home loans, home improvement &home; construction loans, balance transfer &top-up; loans, loans against property &construction; finance. The company acquired its license on 9th July 2014 &has; aggressive growth plans.ABHFL operates in the Rs. 11.4 trillion Indian Housing Finance market,



which has grown at a steady rate of 17% CAGR over the last 3 years while reporting good asset quality despite challenges in the operating environment. While the industry is dominated by five large groups, there has been an emergence of newer entrants in niche segments like affordable housing &self-employed; borrowers, given the high potential in these segments. Despite increased focus by banks, HFCs have been able to maintain their share in the mortgage market &has; remained reliable at ~37% as on December 2015.The nature of the HFC business (dealing largely with retail customers in the potentially sensitive area of housing/ mortgages), along with the additional regulatory &control; mechanisms imposed as a result, means it is imperative that all functions &processes; align &comply; with sound risk management guidelines &applicable; regulations/ controls proactively &judiciously.; This is vital for managing risk &protecting; interests of both the business as well as the customer.While the core responsibility for thi

📌 CM- Sitapur Informal (India)
🏢 Aditya Birla Capital
📍 India