Job Details

- Business: Ficial Services HO
- Unit: Aditya Birla Fice Limited
- Location: Chennai
- Position Number of the job: NA
- Reports to: Poornata Position Number
- Poornata Position Title of the job (30 characters max): Area Credit Manager
- Reports to: Poornata Position Title: Regional Credit Manager
- Function: Risk Management & Compliance
- Reports to: Risk Mortgages
- Department: Risk Mortgages
- Reports to: Department: Risk Mortgages
- Designation of the Employee: Area Credit Manager
- Designation of the Manager: Regional Credit Manager
- Date of writing/updation of JD: 24 th Sep 2021

Job Purpose

- To recommend proposals to RCM, ZCM, NRM, Credit Committee for decision on the case.
- To manage CPAs, Legal agencies, Technical agencies & verification agencies to facilitate the quick turnaround of credit lending proposals.
- The key responsibilities include initial screening of the proposal, thorough preparation appraisal of credit proposals with the required due diligence; coordination with the sales team for resolution of credit and risk concerns, maintaining Turn Around Time (TAT); interfacing with the Sales team, External agencies (legal, Technical, verification) &Regional; Credit Manager for faster decisions; Assist business functions and Sr. Credit Analyst for decision of the case.

Dimensions

- Business Workforce Number (Max 254 Characters)
- Unit Workforce Number (Max 254 Characters)
- Function Workforce Number (Max 254 Characters)
- Department Workforce Number (Max 254 Characters)
- Other Quantitative and Key Parameters for the job: Budgets/ Volumes/No.



of Products/Geography/ Markets/ Customers or any other parameter

Job Context & Major Challenges

The Risk and Compliance function is engaged in evaluating the creditworthiness of the loan applications for CMG, CFG, SME and Mortgage lending divisions considering the quantitative & qualitative factors like ownership, size & market presence of the client business, capital adequacy, collateral quality, earnings quality, liquidity, management quality & client credibility & adherence to statutory requirements. The Risk & Compliance is engaged in formulating credit risk policies for all ABFL businesses, carries out risk assessment of credit proposals, obtains credit decisions from Credit Committees, monitors credit exposure and carries out recovery of over dues. It formulates risk policies in association with Central Risk, ABFSG for overall risk management in ABFL.

Credit / Loan proposals prepared by Business Credit team are critically analyzed from credit risk perspective and the proposals along with Risk Assessment Sheet are put upto to Credit Committee for approval. While carrying out critical evaluation of the credit proposal the function also carries out evaluation of the risk mitigants in the credit proposal like the nature and the quality of the collateral, adequacy of the collateral, acceptability of the collateral given the regulatory and the compliance needs.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

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