Area Credit Head - Credit Retail Secured - Bidar

Job description

**Basic Details: Fill the required information about business, unit, location, position, reports to position and date of updation of JD** **Business** Financial Services **Unit** Aditya Birla Finance Limited **Location** Patna & Ranchi **Poornata Position Number of the job** **Reports to: Poornata Position Number** **Poornata Position Title of the job (30 characters max)** Area Credit Manager **Reports to: Poornata Position Title** **Function** Risk Management & Compliance - RMC **Reports to: Function** Risk Management & Compliance **Department** BGFCRDC **Reports to: Department** **Designation of the Employee** Area Credit Manager **Designation of the Manager** **Date of writing/updation of JD** 09 th Mar 2022 - Job Purpose : Write the purpose for which the job exists (in 2-3 lines) ( Max 1325 Characters) ****The Purpose Of This Job Is:**** - Review STSL D2C credit proposals, carry out thorough due diligence within stipulated turnaround times and decision of the cases / recommend the same to respective authorities - Zonal Credit Manager, National Risk Manager, Credit Committee for decision/ approvals on the case - Maintain the quality of portfolio by regularly reviewing the portfolio and suggesting for the policy changes accordingly if any - Regularly Review & Monitor the Portfolio Performance, PDD movement and Compliance related matters - Regularly Review & Monitor Vendor Management and closure of Audit queries - Bringing in the Process Efficiency & Quality Improvement Initiative, Cost Reduction Initiatives and Stakeholder Management Customer Centricity, Productivity and People Management - Dimensions : Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job. Business Workforce Number (Max 254 Characters) Unit Workforce Number (Max 254 Characters) Function Workforce Number (Max 254 Characters) Department Workforce Number (Max 254 Characters) Other Quantitative and Important Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Customers or any other parameter - Job Context & Major Challenges : Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section ( (Max 3975 Characters) **Organizational Context** **Key Aspects:** - As the lending arm of Aditya Birla Financial Services Group (ABFSG), Aditya Birla Finance Limited (ABFL) offers specialized lending and financing solutions in the areas of Capital Markets, Corporate/ Trade Finance, Commercial Real Estate and Mortgages. Currently ranked within the top 10 NBFCs of India, ABFL has made significant progress and the Company’s balance sheet at INR 45,000 Cr plus exceeds that of several mid-sized Banks and NBFCs - Having focused traditionally on big ticket secured lending verticals and built a strong balance sheet on the same, ABFL has now also ventured into Small Ticket Secured Lending (STSL D2C) Business segment in order to effectively capitalize on its financial base with carefully managed exposures in this higher yield segment - Small Ticket Secured Loan (STSL D2C) segment products line caters to funding medium to long term working capital needs of small businesses and individuals, via a suite of customized medium and long tenured products which are primarily backed by collaterals/security. - Risk function is engaged in evaluating the creditworthiness of business entity/individual applicants by considering quantitative & qualitative factors like the client credibility, size of the client business, earnings of an individual, capital adequacy, liquidity and management quality **Job Context** **Key Aspects:** - Portfolio Management – - Business & Financial Management - - Customer Focus - - People/Team Management – - Productivity Management & Improvement – - Process & Quality Improvement - **Key Challenges** - To ensure availability of data and information for exhaustive credit appraisals as each of the proposals has their respective structuring complexities as per the customer, product & regulatory requirements. - To build strong rapport with sales teams in order to elicit relevant and important information on customer profiles in order to mitigate risks - To ensure faster TATs for approval of credit proposals in a highly competitive & dynamic market. - To keep abreast with market/ regulatory/ product related insights and trends in order to enhance customer interactions and minimize credit or operational risks - To ensure that credit and customer risk are mitigated while pending documentation is monitored and regularized ****Enabling Skill Sets & Qualifications**** - Critical skill required for this role are a strong analytical acumen, evaluation skills, detail orientation & decision making skills. - The education & experience required to meet this profile are a Chartered Accountant or an MBA with minimum 8 – 10 yrs of experience in credit and risk functions of Banks/NBFCs - Significant exposure to mortgage backed products in the self-employed segment with rich experience in underwriting - Exposure to multiple geographies and location specific considerations - Ability to take wholesome view and deduce patterns arising out of various actions - Flair for numbers and an ability to understand processes read balance sheets and understand customer business models - Systematic & Meticulous and Ability to perform under pressure - Good analytical & logical abilities and Good communication - High resilience, energy & initiative - Demonstrate core company values, including high integrity and ethics Result oriented - Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result