Job Opportunity with the leading NBFC Company :
The monitoring function will essentially include the following :
- Collection of project implementation data/information, both, Technical and Financial.
- Periodical site visits and borrower meetings.
- Analysis of borrower MIS in comparison with projections taken into consideration at the time of project appraisal.
- Follow up with the borrower for deviations in project implementation, non-compliance of covenants, submission of MIS and recovery of dues-Principal and Interest.
- Scrutiny of Escrow A/C operations and Sweep management, including issuance of NOCs.
- To initiate steps to avoid the account becoming SMA/Delinquent.
- Regular reporting of account wise status and portfolio health to and review by top management
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