Manager - Credit, Risk & Insurance

8 - 10 years

25 - 30 Lacs

Posted:1 day ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

Responsibilities & Key Deliverables
  • Monitoring Credit limits to Channel Partners, Institutions, Govt. Dept. for Vehicles, Spares & Accessories with complying to approved credit policy.
  • Cash Conservation by debtors management, both secured and unsecured.
  • Keep control on Collection of credit extended.
  • Interest calculation on secured and unsecured overdue.
  • Bank Guarantees (BG) monitoring Adhering Compliance in all aspects.
  • Ensure timely renewal / extension of the BG as per M&M Credit policy. BG invocation in case of dealer defaults on payment.
  • Recommend Senior Management for the new BG to dealership based on analysis.
  • Validate the interest calculations on overdue o/s.
  • Drive Insurance Business and ensure high MIBL penetration for New & Renewal insurance business for enhanced dealer profitability.
  • Preparing and publishing the Dealer Health Index on monthly basis with stake holders.
  • Initiation, discussion & obtaining approval from senior management on Dealer Support Fund scheme on quarterly basis.
  • Risk assessment of pan India automotive dealers by analyzing monthly risk rating of all dealers & to take necessary steps for risk mitigation.
  • Reviewing credit and risk related policies / process and suggest changes in credit & risk policies / process in line with change in business dynamics.
  • Digital integration by automating the manual work /processes and make sure meaningful data is available to stake holders for quick & informed decision making.
Preferred Industries
Financl/Bankng/St Br
Automobile
Banking
Education Qualification
MBA; Chartered Accountant
General Experience
8-10 years of relevant experience.
Knowledge of banking industries and automotive industries.
Skills Required
Knowledge of RBI circulars, IBA & other guidelines governing the operation of Bank Guarantees and overall trade finance transactions.
good analytical skills & communication skills

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