Area Credit Manager- Pune Retail

ABC - Aditya Birla Housing Finance Limited; Maharashtra; On-site; INR 1,000,000 - 1,800,000; Full time

Job summary

ABC - Aditya Birla Housing Finance Limited in Maharashtra seeks a Risk & Underwriting professional to execute risk operations on loan proposals, ensuring sound credit decisions in line with approved matrices.

You will coordinate with Sales, Operations and Technical teams, manage vendor evaluations, and monitor portfolio quality to support growth objectives while maintaining compliance and controls.

Qualifications

• CA/MBA-Finance with 4–7 years in banking/NBFC/HFC, with 2–3 years in risk and underwriting.
• Strong business and commercial acumen with risk assessment capabilities.

Responsibilities

• Underwrite and manage portfolio quality with adherence to defined frameworks across ABHFL.
• Evaluate and approve proposals per approval matrix, with senior guidance as needed.
• Coordinate with Legal, Technical and verification vendors for complex cases.
• Ensure process-driven operations with timely documentation and MIS.
• Monitor delinquency risk, ensure compliance with risk norms and audit findings.
• Support business growth through risk-informed decision making and stakeholder coordination.

Skills

Business acumen

Analytical skills

Stakeholder management

Presentation skills

Team management

Execution capabilities

Education

CA / MBA-Finance

Job description

Job Purpose

The purpose of this job is to execute risk and credit operations on assigned transactions in alignment with established frameworks and processes, ensuring effective and efficient loan underwriting across ABHFL service offerings for sound portfolio quality management. This role is expected to take approval decisions as per approval matrix after due creditworthiness and risk assessment ensuring process adherence, and coordinate with Sales, Operations and Technical team colleagues to ensure robust risk management operations

Job Context/Job Challenges

Part of the Aditya Birla Capital Ltd (ABC Ltd), Aditya Birla Housing Finance Limited (ABHFL) is registered with the National Housing Bank as a housing finance company under the National Housing Bank Act, 1987. The company offers a complete range of housing finance solutions such as home loans, home improvement and home construction loans, balance transfer and top-up loans, loans against property and construction finance. The company acquired its license on 9th July 2014 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 self-employed 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.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 important 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.)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 sub-prime exposures or impacting business health and sustainability. The housing space is characterized by state-wise 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-Finance with minimum 4-7 yrs of experience in a bank/ NBFC/ HFC, of which at least recent 2- 3 yrs experience should be in managing risk and underwriting in an HFC.

Key Result Areas

KRA (Accountabilities) (Max 1325 Characters)

Supporting Actions (Max 1325 Characters)

KRA1 Underwriting and Portfolio Quality Management Execute risk and credit operations for assigned transactions in adherence with defined frameworks and principles across ABHFL business lines Evaluate and approve proposals as per defined approval matrix, seeking guidance from seniors and assisting peers on specific cases as required Liaise with relevant Legal, Technical and other verification vendors for Legal-Technical 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 and Credit Analysts to ensure files are logged appropriately and analyzed thoroughly Work as per process-driven 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 process-driven 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 Business Growth and Sustainability Work in partnership with Sales and Operations colleagues on case-based decision making for effective support on business growth and sustainability

KRA6 Self-Development & Internal Stakeholder Coordination Seek development to execute better risk assessment and loan underwriting via technical skill-up (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