Job Summary

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 Technical colleagues to ensure efficient and effective risk management operations.

Job Context and Major Challenges

Job Context/ Job Challenges: Organizational Context Key Aspects: Part of the Aditya Birla Capital Ltd (ABC Ltd), Aditya Birla Housing Fice Limited (ABHFL) is registered with the National Housing Bank as a housing fice company under the National Housing Bank Act, 1987. The company offers a complete range of housing fice solutions such as home loans, home improvement and home construction loans, balance transfer and topup loans, loans against property and construction fice. The company acquired its license on and has aggressive growth plans. ABHFL has grown at a steady rate 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 segments like Affordable and selfemployed 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. and is poised for rapid growth and plans to grow 5X (40, 000 Cr) in the next 5 years. This shall take ABHFL within the top 5 percentile of HFCs in the country. Job Context Key Aspects: The Risk team provides core underwriting services fundamental to the ABHFL business health, risk management and sustainability. Structured as a dual to the Sales/ Sourcing team, with positions mapped against corresponding Sales roles across the organization, the Risk team is responsible for necessary controls and process checks to ensure business performance and health. While the core responsibility for this function is to control the business via robust underwriting and risk management, supporting business expansion via joint evaluation of different product/ market growth proposals with the Sales team is also an significant contribution.

The Head

Risk plays a vital role in securing the organization against diverse risks in the course of business operations. This role is responsible for setting up requisite underwriting and risk management frameworks and processes for robust and efficient creditworthiness and risk assessment, and consequent inputs for business decisions (loan approval/ rejection, business expansion, etc.).

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.

The Risk

Team must factor for this when designing and executing control mechanisms and evaluating business proposals. ABHFL is in its inception phase as a company and in the midst of rapid growth. The Risk function must therefore be able to balance priorities of risk management and business growth efficiently, without increasing subprime exposures or impacting business health and sustainability. The housing space is characterized by statewise norms and business practices, as well as varied interpretations of regulatory guidelines by different stakeholders. It is therefore essential for the Risk function to remain up to date on business practices/ norms across the country and work within regulatory guidelines in a manner that minimizes business risk and also supports growth objectives.

Enabling Skill Sets Qualifications: Critical skill sets required to meet these challenges include strong business and commercial acumen, analytical skills, good stakeholder management and presentation skills, and team management and execution capabilities. Education experience required to fulfil this profile are a CA/ MBA Fice with minimum 03 yrs of experience in a bank/ NBFC/ HFC

Responsibilities

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 Legal, Technical and other verification vendors for LegalTechnical evaluations and clarifications in complex cases, as required
- Monitor the bounce rates as per threshold limits.

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 processdriven 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
- Effectively managing external vendors to ensure quality of reports TAT
- Efficiently track Cost and ensure they are within budgeted levels
- Ensure accurate data capture in LOS and maintain high quality of documentation
- Ensure collection of Post disbursal documents within assigned time frame

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.
- Ensure minimal critical observations in Audit and also to ensure all observations are resolved within specified TATs.

KRA4 Collection Efficiency

- Work in alignment with processdriven 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
- Monitoring of delinquent portfolios. Liaison with key delinquent customers and support collections team for resolutions of all cases
- Report fraud cases to Risk monitoring team and Regional/Zonal Risk Head.

KRA5 Self-Development Internal Stakeholder Coordination

- Seek development to execute better risk assessment and loan underwriting via technical skillup (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

Qualifications

Education experience required to fulfil this profile are a CA/ MBA Fice with minimum 03 yrs of experience in a bank/ NBFC/ HFC

Key Skills

- Analytical skills
- Stakeholder management
- Presentation skills
- Team management
- Execution capabilities
- Proficiency in legal/technical documents
- Business acumen
- Commercial acumen

Disclaimer: This has been sourced from a public domain and may have been modified by Naukri.com to improve clarity for our users. We encourage job seekers to verify all details directly with the employer via their official channels before applying.

📌 ABHFL - Credit Manager - Retail - Pithampur (Indore)
🏢 Aditya Birla Insulators
📍 Indore