Description

Manager – Credit Administration REPORTS TO (SOLID & MATRIX):

Position Grade: Business Unit: SME Department: Credit Sub Function: Credit Administration Location: Number of Positions: Single/ Multiple Position Type: Full Time

Job Purpose

Direct Reports (Position Title)

Resources

1. The objective of the Manager - Credit Administration is to oversee and manage all aspects of credit administration processes, ensuring accuracy, compliance, and efficiency. This role involves issuing sanctioned letters, verifying pre-disbursal documents, coordinating with operations, managing security perfection, monitoring post-disbursal documents, generating MIS reports, and driving process mapping and improvement initiatives to support the business.

Team Size

Direct:

Indirect Team Size (Onrolls):

Financial Resources

Book Size: INR XX

Net interest income:

Main Accountabilities

Qualifications & Experience

- Minimum Degree: MBA in Finance/ CA

- Minimum Years/type of experience: 5-7 years

Competencies:

- Speed

- Meritocracy

- Leadership Effectiveness

- Customer Focus

- Tech Quotient

- Sustainability

- Adaptability

- Influence

- Collaboration

- Integrity

- Resilience

- Agility

- Decisiveness

- Risk management

- Financial acumen

Functional Competencies

TCL shall populate as per the existing grid

Key Decisions taken

- Approval of sanctioned letters to clients, specifying credit terms and conditions.

- Verification and approval of pre-disbursal documents for credit facilities.

- Decision on the perfection of security and the creation of charges for asset-backed credit.

Issuance of Sanctioned Letters:

- Prepare and issue sanctioned letters to clients,



outlining the terms and conditions of credit facilities.

Pre-Disbursal Document Verification:

- Verify and validate pre-disbursal documents and documentation for accuracy and completeness.

- Coordinate with the operations department for data input and file maintenance.

Security Perfection and Charge Creation:

- Ensure the proper perfection of security and the creation of appropriate charges for assets securing the credit facility.

- File necessary documentation with the Registrar of Companies (ROC) as required.

Document Maintenance and Updation:

- Maintain an organized record of all credit-related documents and ensure they are kept up-to-date.

- Monitor and manage document expiration and renewals.

Post-Disbursal Document Follow-up:

- Supervise the follow-up process for post-disbursal documents (PDD) from clients.

- Maintain records of PDDs and ensure their completeness.

Deferral MIS:

- Prepare Management Information System (MIS) reports related to deferral cases.

- Track and report on deferral conditions in line with sanction terms.

Security Creation and Follow-up:

- Oversee the process of creating security instruments and follow up to ensure timely completion.

- Maintain records of security creation and compliance.

MIS on Revenue Leakages:

- Generate MIS reports to identify revenue leakages as per sanction conditions.

- Implement corrective actions to minimize revenue losses.

Process Mapping and Improvement:

- Map credit administration processes, identify areas for improvement, and develop process enhancement initiatives.

- Collaborate with teams to implement process improvements to enhance efficiency and compliance.

JD Written by

JD Approved by

📌 Sr. Manager - Credit Administration - Mumbai - Lodha (I -Think Techno Campus) - MM (Thane)
🏢 Leading
📍 Thane