Ananya Finance - AVP - Credit Analyst - MSME & MSME - Agri Domain

Ananya Finance for Inclusive Growth Pvt Ltd

AVP - Credit Analyst - MSME & MSME - Agri

Location: Ahmedabad

Designation: AVP - Credit Analyst - MSME & MSME - Agri

Reports Directly To: Head Credit & Risk

Department: Credit & Risk

Background

Ananya Finance for Inclusive Growth Pvt. Ltd. (www.ananyafinance.com) is an NBFC set up by Friends of Women's World Banking - India (FWWB) in 2009, with the objective of reaching out to a large section of microfinance institutions (MFIs) and grass root entities. Ananya is one of the responsible NBFCs in India with the commitment to serve socially motivated bottom-line enterprises. The company caters to the microfinance, smallholder farmer financing and enterprises that operate in the impact space. The company has a pan-India presence.

Duties and Responsibilities

- The role encompasses management of Ananya Finance's loan portfolios in MSME and MSME Agri segments. The primary requirement of this position is to ensure the portfolio's high credit quality through prudent borrower selection, close monitoring of borrowers and taking appropriate recovery action in a timely manner.

- Borrower selection: Credit appraisal of prospective borrowers in the Agriculture and MSME space for fund-based exposures like overdraft facility, working capital demand loans, term loans, supplier finance, bill discounting limit, etc. and non-fund-based exposure like guarantee.

- Preparation of detailed proposal notes along with recommendation, presentation to credit sanctioning committees and defending the recommendation at the committee.

- Performing detailed credit and background reference checks on all prospective borrowers.

- Undertaking client visits at pre-sanction stage and as a part of client monitoring process.

- Monitoring and recovery efforts: The role also involves monitoring of existing portfolio to maintain high portfolio asset quality and keep delinquencies at the minimum level. This would involve identification of early warning signals on stressed exposure/industry segment and initiating appropriate steps to mitigate the identified risks.

- Overall, the position is responsible for ensuring high credit quality of Ananya Finance's MSME and MSME - Agri loan portfolios.

Allied responsibilities:

- Prepare periodic reports on the performance and health of portfolio companies for circulation to internal stakeholders.

- Monitoring economic and industry developments to detect potential risk factors that could impact portfolio companies and taking appropriate steps to mitigate the identified risks.

- To carry out industry analysis to identify industry segments that will see an upturn in the near to medium term to enable the company to tap business opportunities. And, to identify industry segments that are likely to witness stress in the near to medium term to enable the company stay away or reduce its existing exposure in those industry segments.

Other responsibilities

- Ensuring high internal stakeholder satisfaction.

- Ensure adherences to credit processes and policies.

- Keep close watch on turnaround time and ensure speed with accuracy.

- Compliance & risk responsibilities, loan documentation and audit query resolution.

- Adhering to the company's policies and ensuring compliance of the same.

Educational Qualification and Experience

- CA/MBA/PGDBM from a reputed school

- Minimum of 7-8 years of Credit analyst / lending experience in MSME and MSME - Agri domain preferably with a commercial bank.

- Proven experience as credit officer and hand-on experience in products and credit processes in MSME and MSME - Agri segments.

- Good knowledge of credit bureau checks and KYC norms.

- Understanding of inherent credit, collateral, operational & fraud risks.

- Experience in writing analytical reports.

- Willingness to undertake visits of borrowers for conducting due diligence / credit monitoring.

Skills

- Strong analytical skills backed by ability to form independent opinion based on available data and to voice the opinion in a clear and concise manner while defending the case with the management/credit committee.

- Excellent attention to detail.

- Good communication skills & command over English.

- Computer skills viz MS Office.

- Good Interpersonal skills.

Eligibility

Ananya promotes gender diversity and would prefer applications from relevant applicants who embrace gender diversity. Qualified women candidates are encouraged to apply.

Compensation offered

The gross remuneration budgeted for this position is attractive. Offers shall be commensurate with the qualifications, experience and salary history, of the selected candidate.

How to apply

If your profile is in alignment with our requirement, please share your information by clicking on the following link https://forms.gle/qU6XAx422KvJVJD16. Only the shortlisted candidates will be contacted.