The purpose of this job is:
To oversee the credit underwriting function and review of credit proposals logged in for the region
To facilitate quick turnaround of credit lending proposals in close liaison with the local credit analysts and sales teams.
To undertake necessary steps for risk mitigation, when required, while ensuring adherence to legal documentation norms policies and highlight credit risks and mitigating actions to facilitate decision making by relevant approving authorities
To undertake ongoing review of the credit exposures to ensure that the exposure continues to be bankable.
To review and ensure documentation of the proposals and effectively monitor client creditworthiness from the pre sanction to post disbursement phase
To approve credit proposals within approving authority and recommend cases to NRM / Credit Committee for decision.
To guide, motivate and manage a team spread across different locations and serving different business segments
Job Context Major Challenges
Job Context Challenges:Key Aspects:
As the lending arm of Aditya Birla Ficial Services Group (ABFSG), Aditya Birla Fice Limited (ABFL) offers specialized lending and ficing solutions in the areas of Capital Markets, Corporate/ Trade Fice, Commercial Real Estate and Mortgages. Currently ranked within the top 25 NBFCs of India, ABFL has made significant progress and the Company s balance sheet at INR 15, 000 Cr plus exceeds that of several midsized Banks and NBFCs
Having focused traditionally on secured lending verticals and built a robust balance sheet on the same, ABFL has ventured into Unsecured Business segment in order to effectively capitalize on its ficial base with carefully managed exposures in this higher yield segment
The Unsecured Business segment products line caters to funding short term and medium term working capital needs of small businesses (BIL) and individuals (PIL), via a suite of customized short and long tenured products, without any security/ co