Credit Analyst

PeopleStrong; Maharashtra; On-site; INR 600,000 - 1,200,000; Full time

Job summary

AB Housing Finance Limited in Mumbai invites applications for a Credit Analyst to assess and conduct detailed credit analysis and evaluation of lending proposals for local approval or escalation to Risk team for CC level decisions. You will meet with developers to assess project viability, structure deals, analyze balance sheets, and ensure internal and regulatory compliance.

You will interact with legal and technical agencies to mitigate property risk and monitor regulatory guidelines.

Qualifications

• Assess and conduct detailed credit analysis & evaluation of lending proposals for approval or decision at local level or for Risk team review.
• Meet with developers and builders to understand project viability in terms of scale, progress and financials.
• Provide inputs towards deal structuring while ensuring compliance with internal risk controls and external regulations.
• Carry out balance sheet and recent financials analysis of developers and their organizations.
• Interact with Legal and Technical agencies to ensure property risks are understood and mitigated.

Responsibilities

• Ensure end-to-end credit approval processes follow SOPs at local assessment level.
• Monitor adherence to ABHFL credit risk strategies and incorporate risk parameters in proposals.
• Maintain periodic review of customer accounts to uphold asset quality and identify NPAs.
• Coordinate with vendors (valuation, legal, field investigators) to ensure timely information and actions.
• Prepare credit memos and forward to Risk team/credit committee for timely approvals.
• Support training for Local Credit Process team and Sales on product, processes, legal and technical aspects.

Skills

Credit analysis

Education

Post Graduate

Job description

BUSINESS_UNIT-1 AB Housing Finance Limited

BUSINESS_UNIT-2 AB Housing Finance Limited

BUSINESS_UNIT-3 AB Housing Finance Limited

DEPARTMENT-1 Credit

Country India

State Maharashtra

Worksite 10thflr R-Tech Prk Goregaon E

Skills

Skill

Post Graduate

CERTIFICATION

Job Description

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
• To interact with the Legal and Technical agencies to ensure that property risk have 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 so as to ensure minimal turn-around-time of the approval process
• To ensure document execution from RMs & the handover of complete documentation to MOG for disbursement of loans. Ensuring proper mortgage is created in favor of ABFL. Ensuring the underlying security mortgaged is marketable and having 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
• Identifying and recommendation for 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 eye on the other financial institution association.

Process Management

• Ensuring that end to end processes are followed as per the SOPs as 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 of risk associated with the product s, 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, correspondences with co-ordination with the legal team