Sr. Manager - Credit Administration - Mumbai - Lodha (I -Think Techno Campus) - MM

Job description

|**Manager – Credit Administration** **REPORTS TO (SOLID & MATRIX):** | | |**Position Grade:** **Business Unit:** SME **Department:**Credit **Sub Function:** Credit Administration  **Location:** **Number of Positions: Single**/ Multiple **Position Type: Full Time** | | | | | --- | --- | --- | | **Job Purpose** | **Direct Reports (Position Title)** | **Resources** | | 1. The objective of the Manager - Credit Administration is to oversee and manage all aspects of credit administration processes, ensuring accuracy, compliance, and efficiency. This role involves issuing sanctioned letters, verifying pre-disbursal documents, coordinating with operations, managing security perfection, monitoring post-disbursal documents, generating MIS reports, and driving process mapping and improvement initiatives to support the business. | | Team Size | Direct:  Indirect Team Size (Onrolls): | | Financial Resources | Book Size: INR XX Net interest income: | | **Main Accountabilities** | Qualifications & Experience - Minimum Degree: MBA in Finance/ CA - Minimum Years/type of experience: 5-7 years Competencies: - Speed - Meritocracy - Leadership Effectiveness - Customer Focus - Tech Quotient - Sustainability - Adaptability - Influence - Collaboration - Integrity - Resilience - Agility - Decisiveness - Risk management - Financial acumen Functional Competencies *TCL shall populate as per the existing  grid* Key Decisions taken - Approval of sanctioned letters to clients, specifying credit terms and conditions. - Verification and approval of pre-disbursal documents for credit facilities. - Decision on the perfection of security and the creation of charges for asset-backed credit. | | **Issuance of Sanctioned Letters:** - Prepare and issue sanctioned letters to clients, outlining the terms and conditions of credit facilities. **Pre-Disbursal Document Verification:** - Verify and validate pre-disbursal documents and documentation for accuracy and completeness. - Coordinate with the operations department for data input and file maintenance. **Security Perfection and Charge Creation:** - Ensure the proper perfection of security and the creation of appropriate charges for assets securing the credit facility. - File necessary documentation with the Registrar of Companies (ROC) as required. **Document Maintenance and Updation:** - Maintain an organized record of all credit-related documents and ensure they are kept up-to-date. - Monitor and manage document expiration and renewals. **Post-Disbursal Document Follow-up:** - Supervise the follow-up process for post-disbursal documents (PDD) from clients. - Maintain records of PDDs and ensure their completeness. **Deferral MIS:** - Prepare Management Information System (MIS) reports related to deferral cases. - Track and report on deferral conditions in line with sanction terms. **Security Creation and Follow-up:** - Oversee the process of creating security instruments and follow up to ensure timely completion. - Maintain records of security creation and compliance. **MIS on Revenue Leakages:** - Generate MIS reports to identify revenue leakages as per sanction conditions. - Implement corrective actions to minimize revenue losses. **Process Mapping and Improvement:** - Map credit administration processes, identify areas for improvement, and develop process enhancement initiatives. - Collaborate with teams to implement process improvements to enhance efficiency and compliance. | | **JD Written by** | | **JD Approved by** | |