Team Member - Credit

Aditya Birla Capital

4d ago

Job
Full-time
Senior Level
Banking & Finance
Mumbai

AI generated summary

You must evaluate risks, monitor portfolios, assess credit loss, ensure compliance, and liaise with committees, all while maintaining high credit quality and supporting policy frameworks.
You will evaluate credit risks, monitor portfolios, recommend proposals, ensure compliance, liaise with committees, assess losses, and develop policies while managing stakeholder queries and reporting.

Requirements

To have detailed risk evaluation at pre-sanction stage and appropriate risk monitoring at post sanction stage to ensure healthy portfolio. This will include, among other aspects, evaluating the industry, business of borrower, promoter pedigree, financial projections, etc.
To monitor the critical accounts very closely for early warning signals through periodic reviews, meeting with promoters / management, feedback from co-lenders and other market participants.
To review and recommend proposals to the delegated Credit Committee
To ensure the underwritten credit is of the highest quality while balance is maintained in Risk Management, Turnaround Time, and Best Customer Service (internal as well as external)
To work closely with the Infra legal team to act against defaulting parties.
To assess the expected credit loss of the portfolio and report the same to Management.
To ensure the overall quality of the lending portfolio by planning & directing all aspects of Credit Risk.
To ensure that an effective credit risk management program is in place for the C&I line of business, by establishing the framework for risk management activities and driving consistent standards across the organization.
To ensure the overall quality of the lending portfolio by planning & directing all aspects of Credit Risk
To ensure that an effective credit risk management program is in place for the Infra line of business, by establishing the framework for risk management activities and driving consistent standards across the organization.
To develop formats and norms for approval, ensure their ratification within the team and from approval authorities in the system and institutionalize the prescribed process.
To liaise with the various credit committees for closing the approval process
To ensure prompt resolution/ explanation of queries raised by sanctioning authorities.
To have detailed risk evaluation at pre-sanction stage and appropriate risk monitoring at post sanction stage to ensure healthy portfolio.
To monitor the critical accounts very closely for early warning signals through periodic reviews, meeting with promoters / management, feedback from co-lenders and other market participants.
To assess and make recommendations for legal recourse available for recovery of dues, litigations for NPA cases.
To assess the expected credit loss of the portfolio and report the same to Management.
To steer formulation of loan & credit policies for all the lending functions in line with the overall business strategy and vision
To get credit function involved at initial stage of due-diligence stage to improve the quality and effectiveness of risk mitigants.
To liaise with the Central risk teams to institutionalize corporate policies, initiatives and to approve new cases, exceptions as per hierarchy.
To review credit procedures regularly & ensure their compliance with internal & external norms of lending.
To steer formulation of loan & credit policies for all the lending functions in line with the overall business strategy and vision.
To get the credit function involved at initial due-diligence stage in order to improve the quality and effectiveness of risk mitigants.
To review credit procedures regularly & ensure their compliance with internal & external norms of lending.
To ensure maintenance of portfolio quality through periodic review of operational and financial performance of loan accounts.
To evolve a system of consolidated portfolio reporting, and early warning signals to identify potential problem accounts and sectors/industries.
To develop portfolio risk mitigation mechanisms & strategies & define performance metrics that measure their effectiveness.
To constantly review the portfolios and correlate the same with macro-economic scenarios, payment delays or defaults, new regulatory actions, sectoral movements etc.
To review the processes and mechanisms for ensuring high quality TATs for validating lending proposals & share the same with all concerned.
To Liaise with the credit committee for closing the approval process.
To ensure prompt resolution/ explanation of queries raised by various stakeholders and within stipulated TATs and process timelines.
To ensure updated client wise MIS of portfolio & collaterals during the entire credit life cycle for all lending products along with industry & business trend analysis.
To review and share with Management regular reports on the status of non-performing loans suggest next steps with regard to pursuing cases.
To monitor reporting & compliance of RBI regulatory guidelines and ABFL policies for the ABIF book.
To monitor compliance with statutory acts like companies act, income tax act and other similar laws.
Supporting policy and compliance team finalizing policies and compliance framework and structure, ensuring quarterly compliance and monthly monitoring of Key Risk Indicators.
Complete reviews/ projects and additional work within specified timescales and in line with departmental standards.
Broad understanding of the regulatory environment including Anti-Money Laundering.

Responsibilities

To have detailed risk evaluation at pre-sanction stage and appropriate risk monitoring at post sanction stage to ensure healthy portfolio. This will include, among other aspects, evaluating the industry, business of borrower, promoter pedigree, financial projections, etc.
To monitor the critical accounts very closely for early warning signals through periodic reviews, meeting with promoters / management, feedback from co-lenders and other market participants.
To review and recommend proposals to the delegated Credit Committee
To ensure the underwritten credit is of the highest quality while balance is maintained in Risk Management, Turnaround Time, and Best Customer Service (internal as well as external)
To work closely with the Infra legal team to act against defaulting parties.
To assess the expected credit loss of the portfolio and report the same to Management.
To ensure the overall quality of the lending portfolio by planning & directing all aspects of Credit Risk.
To ensure that an effective credit risk management program is in place for the C&I line of business, by establishing the framework for risk management activities and driving consistent standards across the organization.
To ensure the overall quality of the lending portfolio by planning & directing all aspects of Credit Risk
To ensure that an effective credit risk management program is in place for the Infra line of business, by establishing the framework for risk management activities and driving consistent standards across the organization.
To develop formats and norms for approval, ensure their ratification within the team and from approval authorities in the system and institutionalize the prescribed process.
To liaise with the various credit committees for closing the approval process
To ensure prompt resolution/ explanation of queries raised by sanctioning authorities.
To have detailed risk evaluation at pre-sanction stage and appropriate risk monitoring at post sanction stage to ensure healthy portfolio.
To monitor the critical accounts very closely for early warning signals through periodic reviews, meeting with promoters / management, feedback from co-lenders and other market participants.
To assess and make recommendations for legal recourse available for recovery of dues, litigations for NPA cases.
To assess the expected credit loss of the portfolio and report the same to Management.
To steer formulation of loan & credit policies for all the lending functions in line with the overall business strategy and vision
To get credit function involved at initial stage of due-diligence stage to improve the quality and effectiveness of risk mitigants.
To liaise with the Central risk teams to institutionalize corporate policies, initiatives and to approve new cases, exceptions as per hierarchy.
To review credit procedures regularly & ensure their compliance with internal & external norms of lending.
To steer formulation of loan & credit policies for all the lending functions in line with the overall business strategy and vision.
To get the credit function involved at initial due-diligence stage in order to improve the quality and effectiveness of risk mitigants.
To review credit procedures regularly & ensure their compliance with internal & external norms of lending.
To ensure maintenance of portfolio quality through periodic review of operational and financial performance of loan accounts.
To evolve a system of consolidated portfolio reporting, and early warning signals to identify potential problem accounts and sectors/industries.
To develop portfolio risk mitigation mechanisms & strategies & define performance metrics that measure their effectiveness.
To constantly review the portfolios and correlate the same with macro-economic scenarios, payment delays or defaults, new regulatory actions, sectoral movements etc.
To review the processes and mechanisms for ensuring high quality TATs for validating lending proposals & share the same with all concerned.
To Liaise with the credit committee for closing the approval process.
To ensure prompt resolution/ explanation of queries raised by various stakeholders and within stipulated TATs and process timelines.
To ensure updated client wise MIS of portfolio & collaterals during the entire credit life cycle for all lending products along with industry & business trend analysis.
To review and share with Management regular reports on the status of non-performing loans suggest next steps with regard to pursuing cases.
To monitor reporting & compliance of RBI regulatory guidelines and ABFL policies for the ABIF book.
To monitor compliance with statutory acts like companies act, income tax act and other similar laws.
Supporting policy and compliance team finalizing policies and compliance framework and structure, ensuring quarterly compliance and monthly monitoring of Key Risk Indicators.
Complete reviews/ projects and additional work within specified timescales and in line with departmental standards.
Broad understanding of the regulatory environment including Anti-Money Laundering.

FAQs

What are the main responsibilities of a Team Member in the Credit department?

The main responsibilities include credit underwriting management, minimizing credit costs, strengthening processes for the Infra business, monitoring portfolio assets, ensuring efficient turnaround times, effective MIS reporting, and managing operational risk and compliance.

How is the credit underwriting management process conducted?

The credit underwriting management process involves detailed risk evaluation at the pre-sanction stage and ongoing risk monitoring at the post-sanction stage, including evaluating industry, borrower business, and financial projections.

What actions are taken to minimize Credit Costs and manage NPAs?

Actions include closely monitoring critical accounts for early warning signals, assessing legal recourse for recovery of dues, and evaluating expected credit losses of the portfolio.

How does the role contribute to strengthening processes for the Infra business?

The role involves formulating loan and credit policies, involving the credit function early in due diligence, and ensuring compliance with internal and external lending norms.

What are the key actions taken to monitor portfolio assets and analytics?

Key actions include maintaining portfolio quality through periodic reviews, developing consolidated portfolio reporting systems, and correlating portfolio performance with macro-economic factors.

What is the focus on ensuring efficient Turnaround Times (TATs)?

The focus is on reviewing processes for high-quality TATs, liaising with the credit committee for approval, and resolving queries promptly within stipulated timelines.

How is effective MIS reporting carried out in this role?

Effective MIS reporting involves maintaining updated client-wise management information systems throughout the credit lifecycle, sharing reports on non-performing loans, and ensuring compliance with regulatory guidelines.

What are the operational risk and compliance responsibilities of this position?

Responsibilities include supporting policy and compliance teams, conducting quarterly compliance reviews, and ensuring understanding of the regulatory environment, including Anti-Money Laundering regulations.

Is there an emphasis on teamwork in this role?

Yes, collaboration with various teams, including legal, monitoring, and credit committees, is essential to achieve effective credit risk management and portfolio monitoring.

What tools or systems are used for risk monitoring and reporting?

Specific tools and systems include portfolio reporting systems, key risk indicator monitoring, and management information systems for timely reporting and compliance.

Aditya Birla Capital

Enriching Lives. Winning as ONE.

Finance

Industry

10,001+

Employees

2007

Founded Year

Mission & Purpose

Aditya Birla Capital is a financial services company offering a wide range of solutions, including asset management, insurance, and lending services. Their mission is to empower individuals and businesses by providing comprehensive financial solutions that foster growth and security. With a strong emphasis on customer-centricity, Aditya Birla Capital aims to deliver innovative products and services tailored to meet diverse financial needs. Their purpose is to build lasting relationships with clients while contributing to the overall economic development of communities and the country.