CM | Retail -Professional

Aditya Birla Insulators; Chennai District; On-site; INR 800,000 - 1,100,000; Full time

Job summary

ABHFL is seeking a Credit Manager to execute risk and credit operations on basic transactions, ensuring sound portfolio quality and adherence to established guidelines. The role collaborates with Sales, Operations and Risk colleagues to maintain robust underwriting and risk controls on local business.

The position requires strong analytical, business acumen and execution capabilities, with experience in banking or NBFC environments, and will involve field assessments of funded properties and

Qualifications

• CA or MBA Finance with 0–3 years in a bank/NBFC/HFC.
• Strong analytical and business acumen with communication skills.
• Demonstrated execution capabilities and team collaboration.

Responsibilities

• Underwriting and Portfolio Quality Management: execute risk and credit operations per guidelines.
• Process Efficiency: coordinate with Credit Processing Analysts and Sales/Operations for timely cases.
• Risk Compliance Control: maintain risk principles, MIS and documentation; ensure maker-checker discipline.
• Collection Efficiency: align with Collections to track delinquency and recovery; escalate as needed.

Skills

Business acumen

Analytical skills

Interpersonal skills

Presentation skills

Execution capabilities

Education

CA or MBA Finance

Job description

Job Purpose

The purpose of this job is to execute risk and credit operations on the basic transactions assigned, as per established frameworks and processes, ensuring sound portfolio quality management. Further, this role coordinates with Sales, Operations and ABFL Risk colleagues to ensure efficient and effective risk management operations.

Job Context Major Challenges

Job Context

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 Credit Manager plays the role of executing risk and credit operations in line with established guidelines and norms, and securing the organization against diverse risks in local business operations via process measures and checks. This role is responsible for ensuring robust and efficient creditworthiness and risk assessment. He/ She is the ears on the ground member of the Risk Team who meets every customer as part of the underwriting process and also visits the property which is being funded. Therefore, he/she needs to have an understanding of the Legal and Valuation framework to be able to perform their role satisfactorily.

Key Challenges

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 implementing 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 subprime exposures or impacting business health and sustainability

The housing space is characterized by statewise norms and business practices, as well as varied interpretations of regulatory guidelines by different stakeholders. It is therefore essential for Risk function team members to remain up to date on business practices/ norms in their respective states/ locations 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 business and commercial acumen, analytical skills, interpersonal and presentation skills, and execution capabilities

Education experience required to fulfil this profile are a CA/ MBA Fice with minimum 0 3 yrs of experience in a bank/ NBFC/ HFC

Key Result Areas

KRA1

Underwriting and Portfolio Quality Management

Execute risk and credit operations for basic transactions assigned, in adherence with defined frameworks and principles across ABHFL business lines

Seek guidance from seniors proactively and gather insights on technical aspects as well as state/ property specific considerations for effective risk assessment of individual cases

Liaise with relevant ABFL Risk team members for clarifications on LegalTechnical evaluations, as required

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 to ensure case files are logged appropriately before proceeding to initiate credit operations

Work as per processdriven coordination mechanisms with Sales and Operations teams for effective decision making and problem solving in line with business and risk management needs; escalat to RCM as required

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.

KRA4

Collection Efficiency

Work in alignment with processdriven 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

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.