Manager Credit Administration - Mumbai - Lodha (I-Think Techno Campus)-JM

Manager – Credit AdministrationREPORTS TO (SOLID & MATRIX):Position Grade: Business Unit: SME Department:Credit Sub Function: Credit Administration Location: Number of Positions: Single/ Multiple Position Type: Full TimeJob PurposeDirect Reports (Position Title)Resources

1. The objective of the Manager - Credit Administration is to oversee and manage all aspects of credit administration processes, ensuring accuracy, compliance, and efficiency. This role involves issuing sanctioned letters, verifying pre-disbursal documents, coordinating with operations, managing security perfection, monitoring post-disbursal documents, generating MIS reports, and driving process mapping and improvement initiatives to support the business.

Team Size

Direct:

Indirect Team Size (Onrolls):

Financial Resources

Book Size: INR XX

Net interest income:

Qualifications & Experience

• Minimum Degree: MBA in Finance/ CA
• Minimum Years/type of experience: 5-7 years

Competencies:

• Speed
• Meritocracy
• Leadership Effectiveness
• Customer Focus
• Tech Quotient
• Sustainability
• Adaptability
• Influence
• Collaboration
• Integrity
• Resilience
• Agility
• Decisiveness
• Risk management
• Financial acumen

Functional Competencies

TCL shall populate as per the existing grid

Key Decisions taken

• Approval of sanctioned letters to clients, specifying credit terms and conditions.
• Verification and approval of pre-disbursal documents for credit facilities.
• Decision on the perfection of security and the creation of charges for asset-backed credit.

• Prepare and issue sanctioned letters to clients, outlining the terms and conditions of credit facilities.

• Verify and validate pre-disbursal documents and documentation for accuracy and completeness.
• Coordinate with the operations department for data input and file maintenance.

• Ensure the proper perfection of security and the creation of appropriate charges for assets securing the credit facility.
• File necessary documentation with the Registrar of Companies (ROC) as required.

• Maintain an organized record of all credit-related documents and ensure they are kept up-to-date.
• Monitor and manage document expiration and renewals.

• Supervise the follow-up process for post-disbursal documents (PDD) from clients.
• Maintain records of PDDs and ensure their completeness.

• Prepare Management Information System (MIS) reports related to deferral cases.
• Track and report on deferral conditions in line with sanction terms.

• Oversee the process of creating security instruments and follow up to ensure timely completion.
• Maintain records of security creation and compliance.

• Generate MIS reports to identify revenue leakages as per sanction conditions.
• Implement corrective actions to minimize revenue losses.

• Map credit administration processes, identify areas for improvement, and develop process enhancement initiatives.
• Collaborate with teams to implement process improvements to enhance efficiency and compliance.