Credit, Risk and Compliance
Credit
Credit, Risk and Compliance
State Credit Manager
Regional Credit Head

- To undertake critical review of the credit proposals logged in with a view to especially bringing out the industry, business, financial, management and facility structure risk contained in the credit proposal. The role needs to bring out the collateral and other credit risk mitigation to facilitate the approving authority to take decision on the credit proposal. The role is critical in enabling quick turnaround of credit lending proposals for the Mortgage business comprising of Loan against Property, Lease Rent Discounting, Construction Finance and Home Loan business in close liaison with the sales team.
- Unit Workforce Number

Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section

Aditya Birla Finance Limited ('ABFL') is a lending subsidiary of Aditya Birla Capital Limited. ABFL is registered with RBI as a Systematically Important Non-Deposit accepting Non-Banking Finance Company (NBFC). ABFL is one of the top private diversified NBFCs in India. The diverse range of lending products includes Retail Small Ticket Secured and Unsecured Loans, Unsecured Personal Loans, Unsecured Business Loans, Health & Education Loans, Digital B2B2C and B2B2B Small Ticket Loans, Small Business Secured Loans, Loans Against Property (LAP), Lease Rental Discounting (LRD), Construction Finance (to Real Estate Developers), SME Loans, Capital Markets Loans (Loan Against Shares), Supply Chain Finance, Mid and Large Corporate Loans, and Infrastructure Finance loans. To Assess and conduct detailed credit analysis & evaluation of lending proposals for approval / decision at the local level or further recommendation for approval/ decision at the Regional / National / Credit Committee levels
To scrutinize the credit proposals by analyzing the client creditworthiness, business strength, market credibility, Financial statements, Income Tax returns, cash flow statements, repayment track record, average bank balance & adherence to other internal credit norms
To perform direct and thorough investigation and obtain relevant credit information through personal interaction with customer.
To interact with the Legal and Technical agencies to ensure that property risk have been understood and mitigated.
To submit Credit Appraisal Memo to the Regional Credit Manager for each proposal highlighting the key risks associated with the borrower to enable a prudent credit lending decision.
Ensuring proper mortgage is created in favour of ABFL.



Ensuring the underlying security mortgaged is marketable and having a transparent title.
Significant Credit Delegation and deviation authority. Area Credit Manager have the financial delegation of up to 1.50 Crs.
Introduction of high risk products like funding on industrial, warehouse and Plots properties as well as significant increase in the threshold limits of non-income base surrogate products which make experience and required skill set of person handling the portfolio extremely critical. This is unlike many banks and NBFCs which are into pure residential and commercial completed properties only.
To monitor the Mortgages portfolio performance by continual analysis of changes in fundamentals & reviewing the ratings change, analyze covenants for deviations and evaluate industry performance norms in that sector
Follow up for the pending OTC and PDD documents for the location, Critical review of the pending documents.
Monitoring and keeping an eye on loans by tracking various covenants and monitoring sanction condition put in the proposals at the time of approvals.
To maintain network with other financial institutions and able to take independent local industry references for customers if required
With increased delinquency and stressed levels, requirement of driving consistent monitoring of the accounts has increased the complexity of the role. Area Credit Manager and his team below plays important role in overall framework of monitoring policy whether it is identification of stressed accounts or timely exit of identified stressed account. Risk Team along with collection and business is equally responsible for resolution of delinquent account and it is critical part of their KRAs. June 2017 ending mortgage Portfolio (Ticket Size below 25 Crs and Construction finance cases) is INR 4200 Crs with average ticket Size of INR 3 Crs. Every 10 accounts going delinquent increases delinquency by 70 Basis point in the given portfolio.
To adhere to compliance policies in proposal evaluation
To ensure that each proposal complies with credit policies; To be involved in continual revision of credit norms by giving requisite inputs to the management
To support development of new credit policies and evaluation norms




To maintain thorough documentation process for effective tracking of proposal documents and TAT monitoring

To prepare regular MIS for areas under risk management and give presentation to various stakeholders
~ To prepare MIS & trend charts on portfolio progress/variances/defaults for all the loans during their credit life cycle & send them to the team leader/CRO

Ensuring that end to end processes are followed as per the SOPs as defined for Mortgages at the local assessment level
Ensuring proper distributor network is being followed – to avoid future fraud's
Continuous improvement in credit approval process to meet the dynamic business needs and instituting mechanisms for adherence of risk associated with the product s, safety of financed amount and customer satisfaction.
Proper capturing of data in the requisite system to ensure proper MIS generation for business decisions
Training implementation for Local Credit Process team, Sales team on product, processes, legal and technical aspects.
Handling customer escalations and complaints during and post disbursements – replies to mailers, correspondences with co-ordination with the legal team
Managing the Credit Analyst to ensure that TAT, Process and Credit Quality are adhered to.
Managing team of CPAs to ensure that TAT, Process and Credit Quality are adhered to.
The role also includes training and nurturing CPA's. Training in underwriting, legal and technical. Identifying and recommendation for Appointment of vendors at local levels including valuation, legal, Field Investigation Agencies, Fraud Containment Agencies.
Managing TAT with various vendors – a) Field investigation, b) Lawyers, c) Technical Valuers, d) RCU agency to ensure Customer Delight
Regular Training and reviewing the performance of the vendors with regular interaction and keeping eye on the other financial institution association.
Head Credit, Risk & compliance
Regional Credit Manager Mortgages
Credit Analyst / CPA
Operations dept
MIS, intimation in cases requiring management intervention
Recommendations on loans, ongoing portfolio/client reviews, documentation audits
MIS, intimation on major shortfall/skips/defaults in portfolios
Client servicing issues, Mortgage creation, Disbursal completion
Business discussions for smooth operations
Auditors/ Lawyers/ Valuers/ FI & Fraud Containment Agencies
CRM & Proposal discussions, understanding the market pulse, Review Meetings and Collection Meetings
CRM, understanding the market pulse of new initiatives etc
Ensuring proper Credit and Business discussions for smooth operations

📌 Credit Analyst Manager (India)
🏢 Aditya Birla Group
📍 India