Vacancy description
Aditya Birla Group
India, India
Credit Analyst Manager in India, India is listed on Jobeax. Browse 30,000+ vacancies available.
Job Purpose
The 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
Job Context & Major Challenges
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
Key Result Areas
KRA (Accountabilities) (Max 1325 Characters) Supporting Actions (Max 1325 Characters)
KRA1 Underwriting and Portfolio Quality Management o Execute risk and credit operations for basic transactions assigned, in adherence with defined frameworks and principles across ABHFL business lines
~ Seek guidance from seniors proactively and gather insights on technical aspects as well as state/ property specific considerations for effective risk assessment of individual cases
Liaise with relevant ABFL Risk team members for clarifications on Legal-Technical evaluations, as required
KRA2 Process Efficiency o Execute risk operations efficiently and in a manner that enables business performance while ensuring risk management imperatives
~ Coordinate seamlessly with Credit Processing Analysts to ensure case files are logged appropriately before proceeding to initiate credit operations
Work as per process-driven coordination mechanisms with Sales and Operations teams for effective decision making and problem solving in line with business and risk management needs; escalate to RCM as required
KRA3 Risk Compliance & Control o Ensure compliance with established risk management principles and norms; compile periodic and need based MIS, reports, escalation case documents, etc.
Conduct local risk operations in line with defined 'Maker – Checker' mechanism with Sales and Operations teams in a systematic manner, across key aspects such as exception approvals, collateral valuation, PDD completion, cheque bounce collections, etc.
KRA4 Collection Efficiency o Work in alignment with process-driven mechanisms for coordination with the Collections/ Operations team on tracking delinquency cases and driving collections efficiently and effectively
Escalate specific/ complex cases, as required, to RCM for recovery and delinquency/ NPA avoidance
KRA5 Self-Development & Internal Stakeholder Coordination o Seek development to execute better risk assessment and loan underwriting via technical skill-up (e.g. proficiency on legal & technical documents, property business practices & norms, etc.) and role clarity
~ Maintain relationships with internal stakeholders for smooth coordination on complex/ escalation/ exception cases
Similar vacancies
Job Requirements Credit Manager Area Credit Manager will be responsible for overseeing the credit assessment and underwriting process for loan applications related to property. Responsibilities: Evaluate and analyze credit data and financial statements to determine the creditworthiness of loan applicants Develop and implement ...
India, Coimbatore
40k
... Execute risk operations efficiently and in a manner that enables business performance while ensuring risk management imperatives Coordinate seamlessly with Credit Processing Analysts to ensure case files are logged appropriately before proceeding to initiate credit operations Work as per process-driven coordination mechanisms ...
India, Ahmedabad
... for getting your recommendations implemented and ensuring actual business impact. How to increase our user acquisition by 100% in 3 months How to decrease the credit loss in segment X As a Business Analyst, you will help shape slice's credit and business strategies by combining your product and business acumen and data-driven ...
India, Bengaluru
Kotak Mahindra Bank
Credit Manager Starts Immediately Competitive salary Competitive salary Experience E xciting Career Opportunity at Kotak Mahindra Bank for a Credit Manager role in Business Loan Credit team based at Bhopal. Inviting all CA experienced folks for an excellent opportunity to build your career with one of Indias leading private ...
India, Bhopal
Future Standard
$86 USD - $94 USD
About Future Standard Future Standard (formerly FS Investments) is an alternative asset manager dedicated to delivering attractive returns across private equity, private credit and real estate. Following its 2023 acquisition of Portfolio Advisors, FS now manages over $86 billion for both institutional and wealth management ...
India, Bengaluru
hubexus solutions pvt ltd
... credit-related data, ensuring timely debt collection, and maintaining credit control processes. The role will involve working with the finance team to assess credit risks, monitor account statuses, and support the optimization of credit management policies. Proficiency in Credit Control and Credit Management Strong Analytical ...
India, Indore
claranet india
Position Summary The Accounts Payable Analyst will be responsible for overseeing all supplier and employee expense processing and payment. Role Mission: The role of the Accounts Payable Analyst is to process supplier and employee expense transactions, ensuring that transactions are processed accurately and duly authorized ...
India, Rāniganj
$180 USD
... payable activities including invoice processing, expense claims processing, payment runs & vendor account reconciliations. This position will report to Assistant Manager, Finance and work closely with India team. Processing of PO based invoices in Tally and matching them to correct GRN. - Processing of non-PO based invoices ...
India, Pune
Deutsche Bank
... Finance / Credit Risk background, to manage and build a new 1st Line of Defence Rating- and Risk Governance team. The role is categorized as Risk & Portfolio Manager and would suit an ambitious individual looking to further develop their credit risk and portfolio management skills in a challenging, fast paced environment, ...
India, Mumbai
WORK ASSIST
10k
... : Credit Manager Key Skills : Credit,Letter oF Credit,Credit Memo,Credit Analyst,Credit Manager,Lap,Loan Against Property We are looking for an experienced credit professional to lead and manage the mortgage underwriting function for the region. The role involves credit appraisal, policy formulation, risk management, regulatory ...
India, Lucknow
Quantum IT Innovation
... center based in India with a team of more than 100 members. We provide complete web development and digital marketing solutions to B2B and B2C. IT Business Analyst Fresher (Internship) - Selected Intern's Day-to-day Responsibilities Include Define business requirements and propose solutions for the mobile/web application ...
India, India
300k
... transnational education in India by helping leading global universities establish joint campuses under the evolving Indian regulatory framework. As a Senior Data Analyst at Emeritus, you will serve as a thought leader, architecting data solutions that directly drive strategic decisions across the business. This is a highly collaborative ...
India, Mumbai
Accenture
784k
Skill required: Supply Chain - Supply Chain Execution Designation: Business Advisory Analyst Qualifications: Any Graduation Years of Experience: 3 to 5 years About Accenture Accenture is a global professional services company with leading capabilities in digital, cloud and https://jobeax.com/link/s3Tm4mZwkevmZ2jR unmatched ...
India, Noida
orbitouch hr (orbitouch outsourcing pvt ltd)
Experience: 10+ Years CTC: Up to 8.4 LPA Location: Delhi (CP) Job Summary We are looking for an experienced Business Analyst with 10+ years of experience in business analysis, process improvement, requirement gathering, and stakeholder management. The ideal candidate should be analytical, business-oriented, and capable ...
India, Delhi
Hiring Squad
About the Role : We are looking for a Business Analyst with strong experience in UAT and financial reporting to lead business testing for financial reporting projects and system changes. The role will involve working closely with Finance, Reporting, Data, Change, and Technology teams to ensure solutions meet business requirements, ...
India, Chennai
Hanon Systems
20k
... company has a strong global network to serve vehicle manufacturers in key markets worldwide. This is a full-time on-site role for a Senior Financial Planning Analyst based in Chennai. The role involves leading financial planning and analysis functions, including budgeting, forecasting, and financial modeling. The candidate ...
India, Chennai
Financial Analyst Location: Mumbai (Work From Office) Experience: 3–7+ Years Employment Type: Full-Time Shift: Night Shift (Aligned with USA Business Hours) Our focus is on operational excellence, financial discipline, and continuous improvement to support sustainable growth and exceptional client service. We are seeking ...
India, Mumbai
Weekday AI
... and commercial transactions consider applicable tax, statutory, regulatory, and legal requirements . - Manage relationships with financial advisors, wealth managers, banks, brokers, fund managers, and other financial institutions. - Coordinate with external advisors and professionals to evaluate investment structures, ...
India, Coimbatore
Hitachi Energy
Role Purpose The Region FP&A Financial Analyst will act as Region CFO Assistant Controller responsible for providing financial planning, performance management, forecasting, reporting, and strategic financial analytical support to the Region Finance Director (RFD) of the Middle East Africa Region, as well as the Business ...
India, Bengaluru