Pre-Disbursal Activities:
1. Document Verification and Credit Assessment:
- Review and verify all required documents for credit assessment to ensure completeness and accuracy before submission.
- Once all necessary documents are received, forward them to the Credit Head for further evaluation.
2. Credit Opinion Report:
- Secure a Credit Opinion Report or reference from other lending institutions or financial partners, where applicable, to evaluate the applicant's creditworthiness.
Post-Disbursal Activities:
1. Portfolio Monitoring and Risk Assessment:
- Continuously monitor and assess the performance of credit portfolios by analyzing key metrics such as credit quality, delinquency rates, defaults, and exposure to different sectors.
- Regularly review and evaluate any emerging risks in the portfolio and take necessary actions to mitigate them.
2. Risk Reporting and Recommendations:
- Provide detailed and regular reports on portfolio performance, identifying areas of concern and making recommendations for mitigating risk exposure.
- Ensure that credit limits, exposure limits, and other parameters are clearly defined and adhered to across all business units.
3. Trend Identification and Policy Adjustment:
- Track emerging trends in credit risk, including market changes, regulatory developments, and financial sector performance.
- Based on findings, recommend adjustments to existing credit risk policies, procedures, and strategies to ensure alignment with the evolving risk landscape.
4. Risk Committee Reports:
- Prepare and present detailed risk reports to the Risk Committee on a quarterly basis, highlighting key risks, their potential impact, and proposed mitigations.
- Provide insights into compliance status and any emerging regulatory or operational challenges.
5. Creditworthiness Analysis:
- Analyze complex financial statements, credit reports, and other relevant documents to assess the creditworthiness of potential clients, loan applicants, or partners.
- Use data-driven insights to make recommendations on whether to approve or decline credit applications, considering the risk exposure and financial stability of applicants.
6. Credit Decisions and Risk Mitigation Strategies:
- Assist business units in making informed credit decisions by providing insights into credit risk factors and potential mitigation strategies.
- Collaborate with underwriting, lending, collections, and sales teams to ensure that credit decisions align with overall risk management strategies.
7. End Use for New Exposure:
- Ensure appropriate end-use checks for any new credit exposure, ensuring that funds are being used as intended and within the agreed-upon terms.
8. Monitoring and Data Reporting:
- Conduct monthly management-certified reports on book debts, ensuring accuracy and timely submission.
- Prepare quarterly CA-certified reports on book debts, ensuring that all necessary financial data is accounted for and certified as accurate by the Chartered Accountant (CA).
- Monitor and review relevant data on a quarterly basis to ensure that credit policies are being followed and that the portfolio remains within risk limits.
9. Covenant Compliance Monitoring:
- Ensure compliance with covenants specified in loan agreements, reviewing and issuing Covenant Certificates on a quarterly basis to confirm adherence to financial covenants and other agreed-upon terms.
10. Risk Committee Meetings:
- Participate in quarterly Risk Committee meetings, presenting portfolio performance, emerging risks, and proposed action plans.
- Provide ongoing updates to the committee on key risk factors and adjustments to credit risk management strategies.
Qualification:
- 3+years of hands-on experience in B2B Lending Operations within an NBFC or Banking sector
- Full awareness and adherence to the control environment including Quality Assurance and Quality Control
- CA, CS and Inter CA
- Well-developed analytical skills, including an understanding of key financial components (liquidity position, leverage profile with the ability to form independent opinions on credit and recognize emerging risks
- Clear written and verbal communication skills, with the ability to communicate clearly and concisely to audiences of varying levels of seniority
