Head of Treasury - NBFC

About Company

Company is a leading fintech platform in the secured lending space, backed by marquee investors. It leverages technology to make credit more accessible and affordable for underserved segments across India. With a strong focus on innovation and operational excellence, the company has rapidly scaled its presence and built a solid foundation in the asset-backed lending domain

Position Overview:

The role is pivotal in shaping and executing treasury strategy, with a strong focus on building and sustaining long-term relationships with a diverse set of lenders, including Banks, NBFCs, AIFs, Venture Debt funds, and HNI/family offices. It involves active fund-raising through various instruments such as Term Loans, NCDs, and structured borrowings, with a deep understanding of the cost of funds, XIRR-based structuring, and transaction cost optimization. The role requires proactive cash flow management, building a robust debt pipeline, and anticipating macroeconomic and lender-specific events that may impact liquidity. It also encompasses ownership of ALM reporting and conducting ALCO meetings, ensuring strategic discussions on debt, liquidity, and interest rate sensitivities are translated into actionable decisions. The individual will manage the company’s credit rating process, engage with rating agencies to explore upgrades, and internally align leadership on key enablers for rating improvements. Additionally, the role ensures full compliance with all debt covenants and terms, while working closely with internal teams to meet RBI regulatory requirements, financial closures, and audit timelines.

Must Have:

● At least 8 years of Treasury (Fund-raising, Ratings) experience in NBFC / HFC (rated BBB to AA)

● Strong banking / NBFC relationships and relationships with market participants like arrangers

● Understanding of liquidity management, ALM, credit ratings

Detailed Job Responsibilities:

Strategic Fund-Raising:

● Develop and implement strategic plans for fund-raising activities, ensuring alignment with the company's financial objectives.

● Oversee end-to-end execution in fund-raising exercises, including responding to credit queries, documentation, draw-down processes, and post draw-down compliances.

Relationship Management:

● Cultivate and maintain strong relationships with banks, NBFCs, and market participants, including arrangers.

● Negotiate favorable terms for various financial transactions in collaboration with internal stakeholders.

Non-Convertible Debentures (NCDs):

● Utilize your experience to lead the process of raising Non-Convertible Debentures (NCDs) in Listed / Unlisted space.

● Work closely with legal and compliance teams to ensure regulatory adherence in NCD issuances.

Liquidity Management and ALM:

● Ensure effective liquidity management and implement Asset Liability Management (ALM) strategies.

● Monitor daily cash-flows to optimize fund allocation and mitigate liquidity risks.

Credit Ratings Oversight:

● Manage relationships with rating agencies, providing necessary data to support credit rating objectives.

● Proactively address any issues that may impact the company's credit ratings.

Debt Covenant Monitoring:

● Monitor and track debt covenants, providing periodical data to lenders.

● Implement measures to ensure compliance with debt covenants and mitigate risks.

● Manage corrective measures including negotiate curing periods, waivers with lenders

Stakeholder Management:

● Address and manage the requirements of internal stakeholders, particularly the Accounts & Finance team.

● Handle borrowing-related queries from auditors, ensuring transparency and compliance.

● Ensure proper dissemination of periodic MIS to lenders, and handle post disbursal monitoring

Adherence to Regulatory Guidelines:

● Stay informed about changes in regulatory guidelines related to treasury management and implement necessary adjustments to ensure compliance.

Candidate Profile:

▪ Ideal candidate should be from NBFC / HFC / Fintech background

▪ Fund-raising experience ranging across treasury products

▪ 8-11 years of total experience with minimum 5+ years of core Treasury experience

▪ Have a strong focus on fund-raising, credit ratings, and relationship management.

▪ Role requires expertise in managing relationships with banks, NBFCs, and other market participants such as AIF, HNIs, Private credit funds, etc

▪ Strong relationships with Arrangers for NCDs

▪ Candidate should have understanding of RBI regulations for NBFC including permissible instruments, ALM Guidelines, etc

▪ Understanding of key ratios such as CRAR, PAR, D/E and analytics on Portfolio, Static Pool

▪ Candidate should have raised funds through Listed NCDs and have a good understanding of SEBI Regulations,

▪ Should be very good in understanding the business and translate the same into extensive detailing with prospective investors, rating agencies

▪ Entrepreneurial mindset

▪ Strong in communication skills and analytical skills