Circle Credit Manager - Indore

Aditya Birla Capital; Madhya Pradesh; On-site; INR 1,200,000 - 1,600,000; Full time

Job summary

Aditya Birla Capital is seeking credit risk professionals to analyze proposals against predefined criteria, assess market and portfolio information, and prepare decision-ready proposals within delegated authority.

The role emphasizes risk identification, mitigation, and timely communication with sanctioning authorities, RMs, and senior management to safeguard the loan portfolio.

Qualifications

• Analyze credit proposals based on pre-determined criteria and market information.
• Evaluate new credit proposals / review existing exposures with risk dimensions (industry, business, financial, management, facility structure).
• Identify risks and mitigate actions to enable timely decisions by sanctioning authorities.

Responsibilities

• Make decision proposals within delegated authority.
• Highlight credit risks and mitigation actions for approving authorities.
• Monitor portfolio performance by analyzing fundamentals, ratings, covenants and industry trends.
• Review loan covenants regularly and address any deviations.
• Detect early warning signals to protect the credit portfolio and advise Relationship Managers and senior management.
• Formulate strategies to reduce exposures, including recoveries before defaults occur.
• Suggest amendments to lending norms and improve approval notes and processes.

Job description

• Undertake analysis of the credit proposal based on pre- determined criteria and analyze market information, current macroeconomic scenario, current portfolio concentration, etc.
• Make decision proposals within delegated authority
• Evaluate new credit proposals / review existing credit exposures with a view to bring out the industry, business, financial, management and facility structure risk.
• Highlight the other credit risks and mitigation actions to take decision / facilitate the approving authority to take decision on the credit proposal.
• Identify risks and suggest measures to mitigate risks to ensure workability of the loan proposals
• Ensure prompt resolution/ explanation of queries raised by sanctioning authorities
• Recommend delegation authority to RCMs/ACMs/CMs to ensure faster TAT for parameterized proposals.
• Work closely with the collection and legal to take action against defaulting parties
• To monitor the STSL business portfolio performance by continuous analysis of fundamentals, review of the ratings, analysis of the covenant and evaluation of the industry performance in that sector
• Review the covenant of loan proposals at frequent intervals and undertake action for serious deviations
• Protect from potential loss on the credit portfolio by detecting early warning signals of deteriorating risks and advising these to the Relationship Managers, RSMs, NSMs and Senior Management.
• Formulate strategies to reduce exposures where the credit risk has enhanced including complete recovery before the credit deteriorates to non-performing category
• Process Improvements
• Provide inputs and suggest amendments for various lending norms like Risk Matrix, Interest Rate Policy, Credit Authorization Matrix, Risk Universe, Processes keeping the current regulatory and compliance environment in mind
• Undertake improvements in approval notes and other processes to meet dynamic market environment and needs of new customer segments
• Deploy effective processes and mechanisms to ensure high quality TATs for validating lending proposals & share the same with all concerned stakeholders
• Business Growth / Cross Functional Coordination / Stakeholder Management
• Support sales team in maintaining partner relationships with DSAs and Channel Partners and regular visits and trainings to meet business results
• Communicate the expected credit standards by engaging with the channel partners, sales teams and other distributors in understanding the proposals submitted and extracting the relevant supporting information and Co-coordinating for smooth disbursement.
• Discussing through the door login trend and educating the business team on wastages and corrective actions.
• Deliver, Stay and growth
• Deliver - Ensure that business and portfolio related targets are met within given timeframe
• Stay – Ensure controlled attrition by way of continuous training and development, thus resulting into internal growth to team members
• Growth - Understanding of the requirement of workforce to ensure that the right environment is created for people to grow.
• Cross Functional Coordination
• Communicate the expected credit standards by engaging with the channel partners, sales teams and other distributors in understanding the proposals submitted and extracting the relevant supporting information
• Oversee communication cascades to the sales teams on the broad parameters for validating lending proposals, provide regular trainings to RMs for the same
• Ensure document execution from RMs and the files are up to date
• Reporting, Review & MIS
• Regularly Review & Monitor the Portfolio performance, OTC & PDD movement and Compliance related matters
• Regularly Review & Monitor Vendor Management and closure of Audit queries
• Review the delegation of authority exercised by RCMs
• Team Management
• Provide the team with best-in-class knowledge on selection norms, new ways of proposal analysis and concepts
• Ensure that the team stays abreast with all the latest developments in the secured lending space
• Nominate teams for product, behavioral & negotiation trainings and work on self-development initiatives
• Credit Projects
• Taking up projects with an aim of improving processes / portfolio hygiene from time to time with overall objective of improving ROA and / or cost control.