Operations & Sourcing Business Manager

A lenders sourcing job description typically outlines responsibilities related to identifying, evaluating, and securing financing for a company's operations or projects. This includes tasks like researching potential lenders, analyzing financial data, negotiating loan terms, and managing relationships with lending partners. The role may also involve developing and implementing sourcing strategies, monitoring market trends, and ensuring compliance with relevant regulations.

Here's a more detailed breakdown of typical responsibilities:

1. Identifying and Evaluating Lenders:

Researching lenders:

Sourcing specialists actively research and identify potential lenders, including banks, credit unions, private equity firms, and other financial institutions, that align with the company's financing needs and risk profile.

Analyzing financial data:

They review and analyze applicants' financial information, such as credit ratings, income, and balance sheets, to assess their suitability as potential lenders.

Evaluating loan proposals:

They assess the terms and conditions of loan proposals, including interest rates, repayment schedules, and collateral requirements, to ensure they are favorable for the company.

2. Managing Relationships and Negotiations:

Building relationships:

Sourcing specialists build and maintain strong relationships with lending partners, fostering open communication and trust.

Negotiating loan terms:

They negotiate favorable loan terms and conditions with lenders, ensuring the best possible financing solutions for the company.

Managing loan documentation:

They ensure all necessary loan documentation is accurate and complete, including loan agreements, security agreements, and other relevant paperwork.

3. Developing and Implementing Sourcing Strategies:

Strategic planning:

Sourcing specialists develop and implement sourcing strategies to identify and secure optimal financing solutions for the company.

Market research:

They stay informed about market trends, competitor activities, and emerging financing options to inform their sourcing strategies.

Compliance:

They ensure all sourcing activities comply with relevant regulations and internal policies.

4. Other Responsibilities:

Working with internal teams:

They collaborate with other departments, such as finance, legal, and operations, to understand their financing needs and coordinate sourcing efforts.

Monitoring performance:

They track the performance of existing loan facilities, ensuring compliance with terms and identifying opportunities for optimization.

Reporting:

They provide regular reports to management on sourcing activities, including lender performance and market trends.

In essence, a lender sourcing role is about finding the right financial partners to support a company's growth and success. It requires a combination of financial acumen, negotiation skills, and strong relationship-building capabilities.

Only Male Candidates preferred (2 wheeler mandatory driving mandatory)

Job Type: Full-time

Pay: ₹15,000.00 - ₹20,000.00 per month

Work Location: In person