ABCL-Credit Manager- Supply Chain Finance- Chandigarh Full Time

The role is responsible for assessing credit proposals of all Corporate and Institutional lending businesses of ABFL and getting them approved by the ZCM. The role is also responsible for ensuring proper documentation of the proposals and effectively monitoring the client & collateral creditworthiness from the pre sanction to post disbursement phase while ensuring adherence to legal & documentation norms & policies.

Job Context & Major Challenges

Organizational Context

Job Context/ Job Challenges:

As the debt arm of Aditya Birla Capital (ABC), Aditya Birla Finance Limited (ABFL) offers specialized lending and financing solutions in the areas of Capital Markets, Corporate/ Trade Finance, Commercial Real Estate, Mortgages, Unsecured Lending, Digital Lending & Wealth management. Currently ranked within the top 25 NBFCs of India, we have made significant progress and our balance sheet would be at INR 60,000 Cr plus by 2020 and would exceed that of several mid-sized Banks and NBFCs.

A well established brand and top 3 player in the Capital Markets space, today our product suite comprises of a well-diversified look, with equal weightage and focus given to the 6 lines of business. Having seen a y.o.y cumulative growth of 50% in both top-line and bottom line, sustainable profitability continues to be the key management agenda.

The company has a well-defined vision of being one of the most reputed and material financiers within the lending space – spread across both retail HNI and corporate clientele. We have made significant investments in our process and system infrastructure towards preparing for the next level of growth and are one of the only financial entities certified for ISO 9001:2008 across all our business processes.

Job Context

The Corporate & Institutional Group caters to the short term and long term funding needs of the entire spectrum of business segment like large corporates, mid size business,small and medium ( ) enterprises and Corporate supply chains in the country. The is engaged in funding short term and long term needs via a suite of customized short and long tenured products. The Lending portfolio would include products like Working capital funding, Supply chain financing, Term loans, LC discounting and Bill discounting, Loan against Property/ assets, etc

The Credit Manager Is Responsible For The Following

• Preparing new credit proposals / existing credit exposures which have a high degree of complexity and data volume. To get the credit proposals logged in with ZCM and highlighting 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 aid decision / facilitate the approving authority to take decision on the credit proposal.
• Improve the quality of credit evaluation to ensure the portfolio built is value accretive to all the stake holders of the company
• Protect from potential loss on the credit portfolio by detecting early warning signals of deteriorating risks and advising these to the Relationship Managers and senior management.
• Contribute to the growth of business and work to high levels of customer service standards by ensuring that proposals under review are addressed within a committed timeframe without compromising on quality of the asses nt.
• Inculcating a risk culture across the corporate finance group (i.e.) the risk team, credit team and the sales team;
• Provide all the necessary assistance to the business and risk heads to ensure audit of the portfolio is completed to the satisfaction of the auditors and include the learning and recommendations from the audit into the credit / risk appraisal processes;
• Provide information and necessary assistance to the ZCM for review of the portfolio
• Help in preparation of status of the portfolio to the Risk Management Committee for their review and guidance;
• Assist in the budget process in terms of the estimating the NPA provisions and ensuring the provisions are made on monthly basis by constantly reviewing the exposure as to recoverability.

The critical skill sets are a strong analytical acumen, evaluation skills, detail orientation & decision making skills, initiative & target orientation & market intelligence developed through a strong industry network.

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)Supporting Actions (Max 1325 Characters)

KRA1 To prepare documentation highlighting the viability of credit lending proposals based on institutionalized processes and dynamic market information ? To take up decision proposals within delegated authority

• Following the developed formats and norms for approval, ensure their ratification within the team and from approval authorities in the system and institutionalize the prescribed process
• To ensure revert back to the sales teams with analysis of the broad parameters for considering or not considering the given proposal
• To engage with the Channel partners, DSAs and other distributors in understanding the proposals submitted and extracting the relevant supporting information
• To suggest measures for ensuring workability of the loan proposals to the RMs, keeping risk in check like suggesting risk mitigation for the identified risks
• To continuously update the sales teams on the broad parameters for validating lending proposals, provide regular trainings to RMs for the same

KRA2 To ensure efficient Turnaround time (TATs) for validating the proposals ? To ensure prompt resolution/ explanation of queries raised by sanctioning authorities

KRA3 To regularly provide inputs for new products, processes & credit lending norms ? To provide inputs and suggest amendments for various lending norms like Risk Matrix, Interest Rate Policy, Credit Authorization Matrix, Risk Universe, Newer Product Policy, Processses to be adopted keeping the current regulatory and compliance environment

• To undertake improvements in approval notes and other processes to meet dynamic market environment and needs of new customer segments

KRA4 To perform portfolio monitoring and analytics for effective risk monitoring ? To monitor the C&I portfolio performance by continual analysis of fundamentals & reviewing the ratings, analyze the covenants and evaluate industry performance in that sector

• To devise various analytical tools to measure the portfolio health from various angles and highlight ‘early warning’ signals
• To review the covenants of loan proposals at frequent intervals and undertake action for serious deviations
• To review reports and analytics on repayment schedules, covenant monitoring, modification in terms and loan sanction, etc
• Protect from potential loss on the credit portfolio by detecting early warning signals of deteriorating risks and advising these to the Relationship Managers and senior management.

KRA5 To construct, monitor and highlight MIS to the business head and the RMs for better business understanding ? To monitor the status of all important initiatives with the RMs and update them, support the RMs for closure

• To report sales vs. budget variations & review trends and provide inputs for various presentations