Live Connections | Credit Manager | tamil nadu

7 days ago


tamil nadu, India Live Connections Full time
Job Title Credit Manager (Central Processing Unit) Position Reports To Area Credit Manager
Location: Chennai
Experience:
Purpose Implement financial procedures in the areas of Recording, Documentation, Financial reporting, and other finance-related areas to support smooth business operations in Central Processing Units in VFI. Train and mentoring hub staff for superior performance
Major Responsibilities Major Responsibilities Weight (%) Indicators
Coordinate the Hub operations/ Administration
• Coordinating the overall hub admin /operations for smooth functioning.
• Approve Hub staff attendance / leave in the system and approve user profile change when required.
• Consolidate and review hub reports (e.g. loan disbursements /rejected details, Unauthorized entries, Daily receipt reports)
• Provide information to COO on Loan disbursements / Rejections and support for improvement.
• Communicate/follow up on any issues related to the system, receipts or loan files with relevant HODs.
• Coordinate monthly Hub meetings with CEO / COO and ROMs
• Manage overall day-to-day hub operations effectively
• Identify the performance gap of hub staff and support to train hub staff and mentoring 30%
• Ensure the smooth functioning of the HUB
• Submit performance appraisal on time
• Ensure all hub staff are trained properly and perform effectively
• Submit reports to CEO/ SMT on time as their request
• Conduct monthly hub meeting
Loan Processing
• Evaluate the credit quality of the loans and ensure same is in line with VFI credit criteria
• Check and authorize loan details, Loan disbursement, Loan recovery & system entries in E-Merge
• Inform the branches of all rejected loan applications for incomplete information/documentation or poor credit quality
• Call to client and verify the loan requirement and client information
• Verify and send the fund transfer letters to HO finance 40%
• Processing loan applications on time
• Prepare disbursement file accurately and on time
• Ensure correct data input
Credit Controlling
• Ensure the quality of Loan assessment 10%
• Process all loans align with VFI policies and procedures Key Position
Area Credit Manager Position Location
Head Office Position Purpose
Implement financial procedures in the areas of Recording, Documentation, Financial reporting and other finance related areas in order to support smooth business operations in Central Processing Units in VFI. Train and mentoring hub staff for superior performance
POSITION DESCRIPTION
Senior Office-In-Charge (Central Processing Unit)
• Investigate, inform and take actions regarding incomplete and in-proper loan documentation
• Take final loan processing decision and execute
• Disburse quality loan Authorizing Receipts
• Check the accuracy of uploaded Tab Receipts with bank deposit slip and Branch confirmation mail and authorize same
• Check and authorize all manually entered receipts 15%
• Zero unauthorised receipts for respective branch
• Ensure the accuracy of all authorised receipts
Other Tasks / Duties
• Perform any other work related tasks / duties assigned by the management
• Provide daily/weekly reports to relevant department for reconciliation and operational purposes.
• Submit Daily /Weekly /Monthly Reports as requested by the management 5%
• Submit Reports
• Cash balance confirmation to HO finance
• Manual receipt summary for SMS
KNOWLEDGE, SKILLS AND ABILITIES
Education and Experience
• Graduate/Post Graduate in any discipline (Preferably in Development sector or Finance)
• Good understanding on business development, assessing markets and product viability, credit disbursements and repayments
• Knowledge and understanding on maintaining quality portfolio
• Knowledge and practice on Microfinance sector
• Knowledge and understanding on SHG/JLG and its functioning
• Experience in people management
• Ability to organize and present financial information according to VFI formats
Knowledge & Skills and Abilities
• Computer literacy
• Fluency in written and spoken English and Vernacular language
• Team working and Interpersonal skills
• Must be able to demonstrate sound judgment and initiative with little guidance
Work Environment
• 10% travel is expected
• This role involves the facilitation and coordination of Learning initiatives
With Regards,
Victor


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