Senior Credit Analyst

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

Job summary

Aditya Birla Capital is seeking a dedicated professional to conduct credit analysis and vendor management in Gujarat, India. The role involves evaluating lending proposals, mitigating risks related to property, and maintaining strong relationships with various stakeholders. Candidates should have experience in credit evaluations and a thorough understanding of regulatory compliance measures. A commitment to managing customer relationships and improving processes is essential for success in this position.

Qualifications

• Experience in credit analysis and evaluation of lending proposals.
• Strong understanding of real estate risk management and regulatory compliance.
• Ability to manage relationships with vendors and financial institutions.

Responsibilities

• Conduct detailed credit analysis for lending proposals.
• Interact with legal and technical agencies to mitigate property risks.
• Monitor customer accounts and manage vendor relationships effectively.

Job description

Key Result Areas

Supporting Actions To Assess and conduct detailed credit analysis & evaluation of lending proposals for approval/decision at the local level or further recommendation for approval/ decision to Risk team for further approval at CC level.

• Meet with developers and builders to understand the viability of their projects, in terms of project scale, progress and financials
• Provide inputs towards the structuring of the deal, ensuring compliance with internal risk and external regulatory requirements
• Carry out an analysis of the balance sheet and recent financial results of developers and their organizations
• Carry out background research on the project, the developer and the regional market, highlighting any negative reports so as to ensure the quality of ABHFL’s lending portfolio
• Interact with the Legal and Technical agencies to ensure that property risk has been understood and mitigated
• Monitor statutory real estate guidelines and assess any relevant information from these sources
• Manage direct relationships with developer finance and accounts teams to get timely and correct information
• Prepare a credit memo and forward it to the Risk team / credit committee, following up on action to ensure minimal turnaround time of the approval process
• Ensure document execution from RMs and the handover of complete documentation to MOG for disbursement of loans, ensuring proper mortgage is created in favor of ABFL and that the underlying security mortgaged is marketable with a clear title

Emphasize strict compliance and adherence to internal risk management and external regulatory norms.

• Ensure a thorough understanding and acceptance of the ABFL credit risk strategies, and ensure that appropriate credit risk parameters are incorporated in proposals
• To work with the Central Risk teams to identify risk areas and build processes to mitigate risk, including performance metrics and documented procedures
• Monitor customer accounts on a periodic basis to ensure the maintenance of acceptable asset quality levels
• Track delinquent and potentially problematic accounts closely, taking action to minimize the level of NPAs within the region

Vendor Management

• Identifying and recommending the 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 an eye on other financial institution associations

Process Management

• Ensuring that end-to-end processes are followed as per the SOPs defined for CF at the local assessment level
• Continuous improvement in credit approval process to meet the dynamic business needs and instituting mechanisms for adherence to risk associated with the product, 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, correspondence in coordination with the legal team