Jobs
>
Bengaluru

    Credit Manage-Bangalore - bangalore, India - Aditya Birla Group

    Aditya Birla Group
    Aditya Birla Group bangalore, India

    1 week ago

    Aditya Birla Group background
    Description

    1) 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

    2) Dimensions

    What are the areas (in quantitative terms) the job has an impact on?

    Function

    Dept.

    Section

    Remarks

    (As applicable)

    1.

    Manpower (Nos.)

    A

    Management

    B

    Staff

    C

    Worker

    D

    Contract

    Total

    2.

    Other Relevant Parameters

    (Capacity/ Volumes/ Budget)

    A

    Loan Approval Limit

    B

    Process/ SOP adherence

    C

    NPA%

    3) Job Context & Major Challenges

    (What are the specific aspects of the job that provide a challenge to the jobholder in the context of the Unit/Zone?

    Organizational Context

    Key Aspects:

  • Part of the Aditya Birla Financial Service Group (ABFSG), Aditya Birla Housing Finance Limited (ABHFL) is registered with the National Housing Bank as a housing finance company under the National Housing Bank Act, 1987. The company offers a complete range of housing finance solutions such as home loans, home improvement and home construction loans, balance transfer and top-up loans, loans against property and construction finance. The company acquired its license on 9th July 2014 and has aggressive growth plans
  • ABHFL operates in the Rs. 11.4 trillion Indian Housing Finance market, which has grown at a steady rate of 17% CAGR over the last 3 years while reporting good asset quality despite challenges in the operating environment. While the industry is dominated by five large groups, there has been an emergence of newer entrants in niche segments like affordable housing and self-employed borrowers, given the high potential in these segments. Despite increased focus by banks, HFCs have been able to maintain their share in the mortgage market and has remained stable at ~37% as on December 2015
  • The nature of the HFC business (dealing largely with retail customers in the potentially sensitive area of housing/ mortgages), along with the additional regulatory and control mechanisms imposed as a result, means it is imperative that all functions and processes align and comply with sound risk management guidelines and applicable regulations/ controls proactively and judiciously. This is vital for managing risk and protecting interests of both the business as well as the customer

    • Job Context

    Key Aspects:

  • 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 sub-prime exposures or impacting business health and sustainability
  • The housing space is characterized by state-wise 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 – Finance with minimum 0 – 3 yrs of experience in a bank/ NBFC/ HFC

    • 4) Principal Accountabilities

    Accountability

    Supporting Actions

    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 Legal-Technical evaluations, as required

    • 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 process-driven coordination mechanisms with Sales and Operations teams for effective decision making and problem solving in line with business and risk management needs; escalate to RCM as required

    • 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.

    • Collection Efficiency

  • 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

    • Self-Development & Internal Stakeholder Coordination

  • Seek development to execute better risk assessment and loan underwriting via technical skill-up (e.g. proficiency on legal & technical documents, property business practices & norms, etc.) and role clarity
  • Maintain relationships with internal stakeholders for smooth coordination on complex/ escalation/ exception cases

    • 5) Job Purpose of Direct Reports

    Nil

    6) Relationships (If Applicable)

    Internal

    Frequency

    Nature

    Regional Credit Manager

    Area Credit Managers

    Credit Processing Analysts

    ABFL Risk

    Sales, Operations colleagues

    Daily/ Need Based

    Daily/ Need Based

    Daily/ Need Based

    Need Based

    Daily / Need Based

    Periodic reporting on risk/ credit trends & performance; escalation/ exception approvals

    Inputs on analysis and structuring of complex cases

    Coordinate to ensure case files are logged appropriately

    Inputs on Legal-Technical reports/ evaluations

    Periodic updates, need based coordination on specific cases

    External

    Frequency

    Nature

    Business Forums/ Networking Platforms

    Customers

    Vendors

    Half Yearly

    Daily

    Daily

    Periodic interfaces to upgrade know-how and awareness on risk/ credit management mechanisms

    Conducting Personal Discussions with the customers as part of the underwriting process

    Interacting with the various vendors (Lawyers, Valuation agencies and Verification agencies) for reports and monitoring their TAT

  • AB Housing Finance Limited

    Credit Manage-bangalore

    2 weeks ago

    AB Housing Finance Limited Bengaluru, Karnataka, India

    1) Job PurposeThe 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 colleag ...

  • Aditya Birla Group

    Credit Manage-bangalore

    2 weeks ago

    Aditya Birla Group Karnataka, India

    **Updated**:May 18, 2024 · **Location**:Karnataka, India · **Organization**:Financial Services · **1) 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 ...

  • JPMorgan Chase Bank, N.A.

    Sre -credit Navigator - Bangalore

    3 weeks ago

    JPMorgan Chase Bank, N.A. Bengaluru, India

    This role requires a wide variety of strengths and capabilities, including: · - Experience working with an Agile-driven team and with concepts such as Poker Planning, Product Backlog Review, Sprint Planning and Stories. · - Ability to debug production issues, perform root cause a ...

  • Inflow Technologies

    Fy23/bangalore /executive - Credit Services

    5 days ago

    Inflow Technologies Bengaluru, India

    Job title: · - CS/FY23/Bangalore /Executive - Credit Services · Description: · **Designation** · Executive - Credit Services · **Location** · Bangalore · **Exp** · 0 to 2 years · **Qualification** BCOM/MBA · Requirement: · - Good Communication skills · - Should be able to handle ...

  • KK HR services

    Retail Outlet Manager@ Bangalore

    3 weeks ago

    KK HR services Bengaluru, India

    Work in shift : 08:00 AM to 04:00 PM · 02:00 PM to 10:00 PM · Job profile: · 1. To Follow the policies and guidelines of the company, ensuring 100% customer satisfaction at all times. · 2. To Follow and coordinate day-to-day operations activity of outlet. · 3. To Maintain Outlet ...

  • Black & White Business Solutions

    SAP Release Manager-7 to 9years-bangalore

    3 weeks ago

    Black & White Business Solutions Bengaluru, India

    **Job Information**: · Industry · **IT Services** · *** · Province · **Karnataka** · *** · City · **Bangalore North** · *** · Postal Code · **560001** · *** · Country · **India** · Job Title:SAP Release Manager · Years of EXP:7 to 9years · Location:Bangalore · NP:Immediate · - Sh ...

  • PROLIM Corporation

    Teamcenter Project Manager/10+years/bangalore

    2 weeks ago

    PROLIM Corporation Bengaluru, India

    Technical/Functional Skills Teamcenter Configuration, Upgrade, AWC, Teamcenter Production Installation / BMIDE, ITAR, Supplier Collaboration, Polarion, · Requirements Management Creo, SolidWorks, AutoCAD Inventor Integration, Mentor/Altium Integration, SAP ERP / Oracle ERP Integr ...

  • Goldman Sachs

    Asset & Wealth Management - Credit AM - Analyst - Bangalore

    6 days ago

    Goldman Sachs bangalore, India

    About Goldman Sachs · At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified clie ...

  • Paradise Placement Consultancy

    IT Program Manager, Bangalore

    6 days ago

    Paradise Placement Consultancy bangalore, India

    Job Description: · Job Title: IT Program Manager · Location Bangalore · Department/Group: Corporate · Position Reports to CIO · Job Description · Job Purpose: · IT Program Manager role will be responsible to lead, oversee and ensure the successful delivery and manag ...

  • CAPCO

    Risk Manager-Bangalore

    1 day ago

    CAPCO bangalore, India

    Risk Manager-Bangalore · at Capco India Job Title: Risk Manager · About Us · "Capco, a Wipro company, is a global technology and management consulting firm. Awarded with Consultancy of the year in the British Bank Award and has been ranked Top Best Companies for Women ...

  • 2coms

    Branch Manager Bangalore

    2 weeks ago

    2coms Bengaluru, India

    JOBROLE: · Profitability Management Maintaining & optimizingprofitability for the branch · Target setting & management Monitoring branch targets innumbers & volumes · Portfolio quality management through superior underwriting workingclosely with collections · Costmanagement manag ...

  • 2coms

    Sourcing Manager Bangalore

    1 week ago

    2coms bangalore, India

    We haveUrgent opening for Manpower Services industryclient · Position:SourcingManager · Exp:58Years · CTC:610LPA · Location:Bangalore · JD: Responsibilities: Developand execute comprehensive recruitment strategies to attract adiverse pool of qualifiedcandidates. · Managethe entir ...

  • The Ritz-Carlton

    General Manager-, Bangalore

    3 weeks ago

    The Ritz-Carlton Bengaluru, India Full time

    Job Number · Job Category Property Leadership · Location The Ritz-Carlton Bangalore, 99 Residency Road, Bengaluru, Karnataka, India VIEW ON MAP · Schedule Full-Time · Located Remotely? N · Relocation? N · Position Type Management · JOB SUMMARY · Functions as the primary strateg ...

  • Broadridge

    Project Manager- Bangalore

    6 days ago

    Broadridge bangalore, India Full time

    At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you're passionate about developing your career, while helping others along the way, come join the Broadridge team. · Responsible for multiple conversion and value-added projec ...

  • KPMG India

    TPRM- Manager- Bangalore

    6 days ago

    KPMG India bangalore, India

    About KPMG in India · KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with ...

  • The Ritz-Carlton

    General Manager-, Bangalore

    1 week ago

    The Ritz-Carlton bangalore, India

    JOB SUMMARY · Functions as the primary strategic business leader of the property with responsibility for all aspects of the operation, including guest and employee satisfaction, human resources, financial performance, sales and revenue generation and delivering a return on inve ...

  • Hdfc Credila Financial Services Limited

    Credit Manager

    5 days ago

    Hdfc Credila Financial Services Limited Bengaluru, India Full time

    Job Description The Credit Manager will report to the Area Credit manager and be responsible for assessing Educational Loan applications from students and underwriting the same in accordance with the credit policy. · Responsibilities 1) Maintaining Credit Quality as desired by th ...

  • Orange Shark

    Credit Manager

    6 days ago

    Orange Shark Bengaluru, India

    Join Our Team as a Credit Manager · Are you a seasoned Credit Manager looking for a new opportunity? We're hiring at multiple locations - Hyderabad, Delhi, and Bangalore. If you have a minimum of 2 years of experience in Credit Management, along with expertise in Credit Underwrit ...

  • White Force

    credit manager

    6 days ago

    White Force bangalore, India

    Job Description: · COMPANY:- MUTOOTH FINANCE LOCATION:-BANGALORE-LINGARAJAPURAM 84/3,H M MAIN ROAD, LingarajapuramWEBSITE:- JOB TITLE Credit Manager -PL Location Bangalore Purpose of the Position To manage credit management function and oversee the according to policy and proce ...

  • HDFC Credila Financial Services Limited

    Credit Manager

    6 days ago

    HDFC Credila Financial Services Limited Bengaluru, India

    Job Description · The Credit Manager will report to the Area Credit manager and be responsible for assessing Educational Loan applications from students and underwriting the same in accordance with the credit policy. · Responsibilities · 1) Maintaining Credit Quality as desired b ...