Credit Manager

The purpose of this role is to execute risk and credit operations for assigned basic transactions in accordance with established frameworks and processes to ensure sound portfolio quality management. Additionally, this position involves collaborating with Sales, Operations, and ABFL Risk colleagues to facilitate efficient and effective risk management operations. The organizational context of this role is within Aditya Birla Housing Finance Limited (ABHFL), a part of the Aditya Birla Financial Service Group (ABFSG) registered as a housing finance company under the National Housing Bank Act, 1987. ABHFL offers a comprehensive range of housing finance solutions and operates in the Indian Housing Finance market with aggressive growth plans. The key challenges faced by the Risk team include managing construction risk, balancing risk management with business growth during the company's inception phase, and navigating state-wise norms and varied interpretations of regulatory guidelines in the housing space. To excel in this role, critical skill sets such as business acumen, analytical skills, interpersonal abilities, presentation skills, and execution capabilities are essential. The ideal candidate should hold a CA/MBA Finance qualification with a minimum of 3 years of experience in a bank/NBFC/HFC. Key Result Areas: 1. Underwriting and Portfolio Quality Management: - Execute risk and credit operations for assigned transactions while adhering to defined frameworks and principles. - Seek guidance from seniors and liaise with ABFL Risk team members for effective risk assessment. 2. Process Efficiency: - Execute risk operations efficiently to enable business performance while ensuring risk management imperatives. - Coordinate with Credit Processing Analysts and Sales/Operations teams for effective decision-making. 3. Risk Compliance & Control: - Ensure compliance with established risk management principles and compile necessary MIS reports. - Conduct local risk operations systematically across key aspects such as collateral valuation, PDD completion, and cheque bounce collections. 4. Collection Efficiency: - Coordinate with Collections/Operations team to track delinquency cases and drive collections efficiently. - Escalate specific cases to RCM for recovery and delinquency/NPA avoidance. In summary, this role requires a proactive individual with strong risk management skills, business acumen, and the ability to navigate regulatory guidelines effectively to ensure the sustainable growth and health of ABHFL's business operations.,