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 workplace. 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 stable 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 this function is to control the business via robust underwriting &risk; management,



supporting business expansion via joint evaluation of different product/ market growth proposals with the Sales team is also an important contribution.The Credit Manager plays the role of executing risk &credit; operations in line with established guidelines &norms;, &securing; the organization against diverse risks in local business operations via process measures &checks.; This role is responsible for ensuring robust &efficient; creditworthiness &risk; assessment. He/ She is the ears on the ground member of the Risk Team who meets every customer as part of the underwriting process &also; visits the property which is being funded.Therefore, he/she needs to have an understanding of the Legal &Valuation; framework to be able to perform their role satisfactorily

Key Challenges

While the ABFL Mortgages team also works with retail customers in the property space, the ABHFL business is exposed to the additional Construction Risk, i.e. risk from under construction projects not getting completed as planned.ABHFL is in its inception phase as a company ∈ the midst of rapid growth. The Risk function must therefore be able to balance priorities of risk management &business; growth efficiently, without increasing sub-prime exposures or impacting business health &sustainability.The; housing space is characterized by state-wise norms &business; practices, as well as varied interpretations of regulatory guidelines by different stakeholders. It is therefore essential for Risk function team members to remain up to date on business practices/ norms in their respective states/ locations &work; within regulatory guidelines in a manner that minimizes business risk &also; supports growth objectives.

Enabling Skill Sets & Qualifications Critical skill sets required to meet these challenges include business &commercial; acumen, analytical skills, interpersonal &presentation; skills, &execution; capabilities.Education & experience required to fulfil this profile are a CA/ MBA-Finance with minimum 0-3 yrs of experience in a bank/ NBFC/ HFC

Key Result Areas KRA (Accountabilities)



(Max 1325 Characters) Supporting Actions (Max 1325 Characters) KRA1 Underwriting and Portfolio Quality Management Execute risk and credit operations for basic transactions assigned, in adherence with defined frameworks and principles across ABHFL business lines

Seek guidance from seniors proactively and gather insights on technical aspects as well as state/ property specific considerations for effective risk assessment of individual cases

Liaise with relevant ABFL Risk team members for clarifications on Legal-Technical evaluations, as required

KRA2 Process Efficiency Execute risk operations efficiently and in a manner that enables business performance while ensuring risk management imperatives

Coordinate seamlessly with Credit Processing Analysts to ensure case files are logged appropriately before proceeding to initiate credit operations

Work as per process-driven coordination mechanisms with Sales and Operations teams for effective decision making and problem solving in line with business and risk management needs; escalate to RCM as required

KRA3 Risk Compliance & Control Ensure compliance with established risk management principles and norms; compile periodic and need based MIS, reports, escalation case documents, etc.

Conduct local risk operations in line with defined Maker-Checker mechanism with Sales and Operations teams in a systematic manner, across key aspects such as exception approvals, collateral valuation, PDD completion, cheque bounce collections, etc.

KRA4 Collection Efficiency Work in alignment with process-driven mechanisms for coordination with the Collections/ Operations team on tracking delinquency cases and driving collections efficiently and effectively

Escalate specific/ complex cases, as required, to RCM for recovery and delinquency/ NPA avoidance

KRA5 Self-Development & Internal Stakeholder Coordination Seek development to execute better risk assessment and loan underwriting via technical skill-up (e.g. proficiency on legal & technical documents, property business practices & norms, etc.) and role clarity

Maintain relationships with internal stakeholders for smooth coordination on complex/ escalation/ exception cases

📌 CM-Retail-Kuchaman (Rajasthan)
🏢 Aditya Birla Capital
📍 Rajasthan