Aditya Birla Financial Services - Head - CFG Operations

Aditya Birla Financial Services - Head - CFG Operations

The debt arm of Aditya Birla Financial Services Group (ABFSG), Aditya Birla Finance Limited (ABFL) offers specialized lending and financing solutions in the areas of Capital Markets, Corporate/ Trade Finance, Commercial Real Estate and Mortgages. Currently ranked within the top 25 NBFCs of India, we have made significant progress and our balance sheet at INR 15,000 Cr plus exceed that of several mid-sized Banks and NBFCs.

Operations division is responsible for controlling and managing all operational activities. The key activities include activation and managing all loan accounts, disbursement & repayment authorization, accounting of all business transactions, reconciliation and submission of MIS to various stakeholders..

The product suite of CFG vertical includes Supply Chain Management, Discounting, Channel Finance, Vendor Management, Line of Credit, Term Loan, Working capital Loan, Loan against property, Loan against Shares.

Responsibilities :

- Responsible for supervising all activities of Operations related to disbursement and transaction related matters (Preparation of accurate documentation in compliance with approved terms, Checking of executed documents, Disbursement, Repayment, collateral management, etc ).

- He is also responsible for supervising Operations of CFG vertical and ensuring timely submission of MIS analytics to various stakeholders for portfolio monitoring. He also collaborates with Business, Risk & IT department for enhancement in transaction processing software to cater to varying and dynamic business needs. He is also responsible for Process improvements.

Principal Accountabilities :

Accountability Supporting Actions :

- To supervise the core operations of the CFG Vertical

- To set up and review processes and systems on a continuous basis to ensure accurate and timely processing of transactions.

- To manage exceptions seamlessly by coordinating with various stakeholders, while controlling risks and ensuring completion of transactions within TATs.

- To build checks in the transaction processes and systems to ensure accuracy and genuineness of transactions.

To enhance transaction processing systems in collaboration with IT department for improving operational effectiveness - To identify areas for process & systems improvements to improve operational effectiveness and enhanced client servicing.

- To finalise business requirements for transaction processing software by coordinating with Business, Risk, IT, Accounts & software vendor.

- To co-evaluate various software with IT and recommend to Head Operations.

- To ensure systematic & effective UAT of the software and implementation of the system.

- To set up processes and systems for new products and product variants launched in CFG

- To collaborate with various stakeholders to understand new products and set up processes to manage the same.

- To collaborate with IT department for systems development for new products.

- To effectively handle the new products launched in the CFG vertical within the existing software by providing alternative ways of handling them in the software.

- To undertake MIS analytics for CFG portfolio monitoring and highlight key observations

- To perform analytical review of the portfolio and provide key observations to Business & Risk for decision making.

- To develop MIS required by various stakeholders and ensure submission within defined TATs.

To build a strong team and focus on skill development -

The critical skill sets required for this profile are process and detail orientation, analytical and problem solving skills, strong compliance mindset, knowledge of corporate finance products, & statutory regulations, strong network and market intelligence developed through a strong industry network.