The Senior Manager – Co-Lending Operations will own the end-to-end operational execution of the co-lending business, ensuring that loans originated under the RBI's Co-Lending Model (CLM-I and CLM-II) with partner Banks, NBFCs, HFCs, and Fintechs are processed accurately, disbursed on time, and serviced in full compliance with regulatory and contractual requirements.

The role is responsible for building and running a scalable, technology-enabled operations engine covering loan onboarding, sanction-to-disbursement processing, settlements, reconciliations, servicing, collections coordination, MIS, and audit readiness across all partners.

Key Responsibilities
Loan Operations & Processing
Manage the complete lifecycle of co-lent loans — application intake, KYC/de-dupe, credit decisioning handoff, sanction, documentation, disbursement, and post-disbursement servicing.
Ensure adherence to agreed SLAs/TATs for login, underwriting handover, sanction, and disbursement across all partner programs.
Review and sign off on daily disbursement files,



partner share allocations (typically 80:20 under CLM-II), and ensure correct booking in the Loan Management System (LMS).
Drive first-time-right (FTR) processing and minimize rejections, reworks, and deviations.
Partner Integration & Onboarding
Lead the operational onboarding of current co-lending partners — process design, data-flow mapping, UAT, pilot, and go-live.
Collaborate with IT and product teams on API integrations for loan origination (LOS), disbursement, EMI collection, and data exchange with partners.
Document and maintain Standard Operating Procedures (SOPs), process maps, and checklists for every partner program.
Settlement, Escrow & Reconciliation
Oversee daily/weekly/monthly reconciliation of disbursements, collections, fees, and partner share settlements with Banks/NBFCs.
Manage escrow/nodal account operations, including fund movements, sweep instructions, and settlement timelines as per agreement.
Ensure zero unreconcil

📌 Senior Manager (Chennai)
🏢 Vivriti Capital
📍 Chennai