Credit Manage-bangalore

6 months ago

Bengaluru Karnataka, India AB Housing Finance Limited Full time

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 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

  • Junior Credit Underwriter

    4 months ago

    Jeevanbheemanagar, Bengaluru, Karnataka, India Namaste Credit Full time

    **About us**: Namaste Credit is a fintech organization which makes the entire business loan process better and transparent with the help of technology. We provide an API-enabled loan automation and management solution for banks and lenders. **Position: Junior Credit Underwriter** **Skills**: 1. Bachelor's degree in Finance, Accounting, or a related...

  • Junior Credit Underwriter

    3 months ago

    Jeevanbheemanagar, Bengaluru, Karnataka, India Namaste Credit Full time

    **About us**: Namaste Credit is a fintech organization which makes the entire business loan process better and transparent with the help of technology. We provide an API-enabled loan automation and management solution for banks and lenders. **Position: Junior Credit Underwriter** **Skills**: 1. Bachelor's degree in Finance, Accounting, or a related...

  • Junior Credit Underwriter

    6 months ago

    Jeevanbheemanagar, Bengaluru, Karnataka, India Namaste Credit Full time

    **About us**: Namaste Credit is a fintech organization which makes the entire business loan process better and transparent with the help of technology. We provide an API-enabled loan automation and management solution for banks and lenders. **Position: Junior Credit Underwriter** **Skills**: 1. Bachelor's degree in Finance, Accounting, Economics, or a...

  • Junior Credit Underwriter

    6 months ago

    Jeevanbheemanagar, Bengaluru, Karnataka, India Namaste Credit Full time

    **About us**: Namaste Credit is a fintech organization which makes the entire business loan process better and transparent with the help of technology. We provide an API-enabled loan automation and management solution for banks and lenders. **Position: Junior Credit Underwriter** **Skills**: 1. Bachelor's degree in Finance, Accounting, or a related...

  • Credit Underwriting Intern

    6 months ago

    Jeevanbheemanagar, Bengaluru, Karnataka, India Namaste Credit Full time

    **About us**: Namaste Credit is a fintech organization which makes the entire business loan process better and transparent with the help of technology. We provide an API-enabled loan automation and management solution for banks and lenders. **Position: Junior Credit Underwriter** **Skills**: 1. Bachelor's degree in Finance, Accounting, or a related...

  • Credit Underwriting Intern

    4 months ago

    Jeevanbheemanagar, Bengaluru, Karnataka, India Namaste Credit Full time

    **About us**: Namaste Credit is a fintech organization which makes the entire business loan process better and transparent with the help of technology. We provide an API-enabled loan automation and management solution for banks and lenders. **Position: Junior Credit Underwriter** **Skills**: 1. Bachelor's degree in Finance, Accounting, or a related...

  • Business Development Manager

    1 month ago

    Bengaluru, Karnataka, India Credit Saison India Full time

    About the CompanyCredit Saison India is a Neo-Lending Conglomerate empowering India's credit growth story. Founded in 2018, we operate under Finance India Private Limited as an MNC subsidiary of our parent company – Credit SaisonCo. Ltd in Japan.We aim to reach resilient Assets Under Management (AUM) of US1bn through our business verticals like Wholesale...

  • Senior Credit Risk Manager

    3 days ago

    Bengaluru, Karnataka, India NeoGrowth Credit Pvt. Ltd. Full time

    Job Title: Senior Credit Risk ManagerThe successful candidate will lead the credit risk management function in NeoGrowth Credit Pvt. Ltd., responsible for assessing and approving credit to SMEs across India. This role offers excellent growth potential to a professional looking to join a nationwide organization and contribute to its expansion.Key...

  • Credit Risk Management Expert

    6 days ago

    Bengaluru, Karnataka, India NeoGrowth Credit Pvt. Ltd. Full time

    Key Responsibilities:Develop and implement effective credit policies and proceduresLead a large team of credit professionals across IndiaEvaluate the creditworthiness of applicants and make informed decisionsDesign and draft credit scorecards and auto-approval mechanismsSuggest modifications to credit policy as neededMaintain portfolio loss within targets...

  • Credit Dharma | SEO Content writer

    7 days ago

    Bengaluru, India Credit Dharma Full time

    Do you have a knack for crafting compelling content and a passion for real estate and finance? Join Credit Dharma as our next SEO Content Writer and help shape stories that engage and inspire!What We're Looking For:Position : Content WriterExperience : Minimum of 6 months to 1 year experience in content writingSubject matter expertise inreal estate and/or...

  • Credit Dharma | SEO Content writer

    7 days ago

    Bengaluru, India Credit Dharma Full time

    Do you have a knack for crafting compelling content and a passion for real estate and finance? Join Credit Dharma as our next SEO Content Writer and help shape stories that engage and inspire!What We're Looking For:Position : Content WriterExperience : Minimum of 6 months to 1 year experience in content writingSubject matter expertise in real estate and/or...

  • UX Designer

    6 months ago

    Bengaluru, Karnataka, India Credit Saison Full time

    About Credit Saison: Neo-Lending Conglomerate here to enable India's credit growth story, Credit Saison India, emboldened by our Global MNC parent, is here to accelerate India's credit growth story: by building a Technology-Led Neo-Lending Conglomerate. Across our verticals, we offer bespoke solutions to meet the various credit needs of Individuals, SMEs,...

  • Credit Underwriting Lead

    3 days ago

    Bengaluru, Karnataka, India NeoGrowth Credit Pvt. Ltd. Full time

    Job Description: As Unsecured Loan Portfolio Head in NeoGrowth Credit Pvt. Ltd., you will be responsible for leading a large team with presence across India, evaluating credit-worthiness of applicants, and maintaining portfolio loss within values/targets set by management.Key Responsibilities:Lead a large team with presence across IndiaEvaluate...

  • Credit Saison

    4 weeks ago

    Bengaluru, India Credit Saison Finance Pvt Ltd Full time

    About Credit Saison IndiaEstablished in 2019, CS India is one of the country's fastest growing Non-Bank Financial Company (NBFC) lenders, with verticals in wholesale, direct lending and tech-enabled partnerships with Non-Bank Financial Companies (NBFCs) and fintechs. Its tech-enabled model coupled with underwriting capability facilitates lending at...

  • Risk Management Strategist

    4 weeks ago

    Bengaluru, Karnataka, India Credit Saison India Full time

    About UsCredit Saison India is an NBFC registered with the Reserve Bank of India (RBI) and part of Saison International, a global business arm focused on wholesale and direct lending. With a branch network of over 40 physical offices across India, we have achieved an AAA rating from CRISIL & CARE Ratings.Job OverviewWe are seeking an experienced Risk...

  • Credit Strategy Director

    6 days ago

    Bengaluru, Karnataka, India NeoGrowth Credit Pvt. Ltd. Full time

    Job Title: Senior Underwriting ManagerSalary: ₹60,00,000 - ₹90,00,000 per annumAbout the RoleThe Senior Underwriting Manager will be responsible for heading the Credit Function in NeoGrowth, assessing and approving credit to SMEs, and monitoring portfolio performance.

  • Credit Officer

    3 months ago

    Bengaluru, Karnataka, India Ujjivan Small Finance Bank Full time

    **Credit Officer-CAD-Agriculture Banking-Bangalore**: South 1101-Bangalore RO, Bangalore, Karnataka, India - Department- SOUTH AGRICULTURE BANKING- Job posted on- Oct 10, 2024- Employee Type- Permanent- Experience range (Years)- 2 years - 4 years- POSITION DESCRIPTION JOB TITLE Credit Officer-CAD Agri...

  • Senior Credit Head

    7 days ago

    Bengaluru, Karnataka, India NeoGrowth Credit Pvt. Ltd. Full time

    Company OverviewNeoGrowth Credit Pvt. Ltd. is a leading NBFC focused on providing unsecured loans to merchants and retail establishments across India.We are seeking an experienced Senior Credit Head to join our leadership team, who will be responsible for assessing and approving credit to SMEs, as well as monitoring and portfolio management.Salary and...

  • Credit manager

    1 month ago

    Bengaluru, India Vivriti Capital Full time

    Role - Credit Manager / Senior Credit ManagerLocation - Bangalore / Delhi / ChennaiAbout the Team:Credit team facilitates lending to existing & new clients by assessing creditworthiness, monitoring clients’ performance on a regular basis, and making suitable recommendations to the credit committees.The team is expected to do a deep dive financial analysis...

  • Credit Saison

    2 days ago

    Bengaluru, India Credit Saison Finance Pvt Ltd Full time

    Job Description: Manager/Senior Manager - Internal Audit Job role and responsibilities: The role will be responsible for :1. Implementing risk based internal audit framework, preparation, and execution of audit plan, covering defined scope across policies and procedures.2. Reviewing and feedback on Risk Control Matrix of different processes3. Auditing...