Regional Credit Manager Informal

Job Purpose

The purpose of this job is:
To oversee the credit underwriting function and review of credit proposals logged in for the region
To facilitate quick turnaround of credit lending proposals in close liaison with the local credit analysts and sales teams.
To undertake necessary steps for risk mitigation when required while ensuring adherence to legal & documentation norms & policies and highlight credit risks and mitigating actions to facilitate decision making by relevant approving authorities
To undertake ongoing review of the credit exposures to ensure that the exposure continues to be bankable.
To review and ensure documentation of the proposals and effectively monitor client creditworthiness from the pre sanction to post disbursement phase
To approve credit proposals within approving authority and recommend cases to NRM / Credit Committee for decision.
To guide motivate and manage a team spread across different locations and serving different business segments

Job Context & Major Challenges

Job Context & Challenges: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 25 NBFCs of India ABFL has made significant progress and the Companys balance sheet at INR 15000 Cr plus exceeds that of several mid-sized Banks and NBFCs
Having focused traditionally on secured lending verticals and built a strong balance sheet on the same ABFL has ventured into Unsecured Business segment in order to effectively capitalize on its financial base with carefully managed exposures in this higher yield segment
The Unsecured Business segment products line caters to funding short term and medium term working capital needs of small businesses (BIL) and individuals (PIL) via a suite of customized short and long tenured products without any security/ collateral.
Risk function is engaged in evaluating the creditworthiness of both business and personal loan applications by considering quantitative & qualitative factors like the client credibility size of the client business earnings of an individual capital adequacy liquidity and management quality
Key Aspects:
To ensure smooth and institutionalized flow of the BIL & PIL proposals at all the branches across their region
To manage is responsible for analyzing the credit proposal with the required due diligence and to ensure that all information required to take a credit decision is captured in the proposal.
To maintain stipulated TAT in credit appraisal process and co-ordinate with sales team for faster decisions to improvise TATs of the overall sanction process.
To manage a team of Credit Analysts who will carry out the due-diligence analysis and recommend credit proposals for approval.
To ensure timely availability of accurate data and information for exhaustive credit appraisals as each proposal has its respective structuring complexities as per the customer product & regulatory requirements.
To ensure efficient TATs in highly competitive & dynamic market conditions
To ensure credit risk and customer risk are mitigated at all times
To facilitate seamless cross functional coordination for timely approval of credit proposals.
To ensure sticky accounts as well as pending documents are monitored and regularized on a regular basis
To ensure self and team are constantly updated on economic/ industry/ sectoral knowledge and trends
Critical skill required to meet this role are a strong analytical acumen evaluation skills detail orientation and decision making skills initiative & target orientation market intelligence team management
The education & experience required to meet this profile is Chartered Accountant or MBA with minimum 4-7yrs of experience in credit and risk functions of Banks/NBFCs

Key Result Areas

Required Experience:

Manager