Credit Manager

Birla Carbon; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

A leading financial services company in Mumbai is looking for a Credit Manager to execute risk and credit operations effectively. The role involves setting up risk management frameworks, coordinating with Sales and Operations, and ensuring compliance with risk management principles. Candidates should have experience in credit operations and be able to manage relationships with stakeholders. This position plays a crucial role in driving business decisions and maintaining portfolio quality.

Qualifications

• Experience in risk and credit operations.
• Ability to liaise with various stakeholders.
• Strong understanding of risk management principles.
• Experience in MIS reporting and escalation documents.

Responsibilities

• Execute risk and credit operations on assigned transactions.
• Coordinate with Sales, Operations, and Technical colleagues.
• Ensure compliance with risk management principles.
• Ensure compliance with risk principles and compile MIS reports.
• Coordinate with Collections/Operations to track delinquency and drive collections.
• Escalate complex cases to RCM for recovery and NPA avoidance.
• Maintain relationships with internal stakeholders for escalations.

Skills

Risk management

Underwriting

Credit operations

MIS reporting

Vendor management

Stakeholder liaison

Collections coordination

Tools

MS Excel

Job description

At the Aditya Birla Group, our Corporate Vision is aligned and intricately woven with our People Vision.

Credit Manager

Job Description:

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 Technical colleagues to ensure efficient and effective risk management 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.
• Execute risk and credit operations for basic transactions assigned, in adherence with defined frameworks and principles across ABHFL business lines
• Liaise with relevant Legal, Technical and other verification vendors for Legal-Technical evaluations and clarifications in complex cases, as required
• Execute risk operations efficiently and in a manner that enables business performance while ensuring risk management imperatives
• Effectively managing external vendors to ensure quality of reports & TAT
• Ensure compliance with established risk management principles and norms; compile periodic and need based MIS, reports, escalation case documents, etc,
• 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
• Maintain relationships with internal stakeholders for smooth coordination on complex/ escalation/ exception cases