Credit Manager - Dealer Finance - BFSI

Job Title : Credit Manager - Dealer Finance

Band/ Grade: DM/Manager

Reporting To : Zonal Credit Manager

Locations hiring for : Delhi (Centralized )

Key Responsibilities :

- Appraisal of proposals for WC finance to Dealers.

- Interaction with the client and site visit to understand the position of the business

- Preparation of the Credit Appraisal Memorandums (CAM's) for both the Short-Term & Long-Term Financing Facility.

- Analysis of Financial Statements (Balance Sheet Analysis, Ratio Analysis, Cash Flow Analysis) of the captioned deals,

- Suggesting and recommending the terms of sanctions to the borrower keeping in mind the internal credit policies and the risk-appetite of the of the company

- Co-ordination with the operations Team for the timely MIS updates.

- Training the team members about product/program features, the CAM formats and policies etc.

- Managing the Credit analyst team for prompt and quality credit processing.

- Recommending cases to higher level and / or approving as per the delegation matrix.

- TAT management, Customer visit quality and TAT.

- Fraud Risk Management.

- Portfolio Quality and Monitoring of non starters.

- Resolution of overdue accounts by coordinating with sales team.

- Monitoring PDD MIS, Follow-up for pending PDDs, PDD pendency to be kept within acceptable limits.

- Coordination with Operations team for due/ ovedrdue PDD process.

- Renewal/ review of cases in timely manner.

- Hiring of credit resources as per manpower budgeting, attrition management.

- Coordinating for training programs for credit team, imparting induction training.

- Maintenance of various MIS & Data like approval and rejection ratio, disbursal data, PDC presentation data, portfolio indicators etc.

- Market intelligence, providing inputs and feedback for policy and process improvement.

- Empanelment of different vendors viz. Legal Agency, Valuation Agency, CPV Agency, FCU Agency, ROC Search Agency.

- Vendor TAT management, Vendor Visits, Vendor payments and vendor reviews.

- To maintain adequate knowledge of channels and their sourcing pattern.

- To ensure Audit compliance and regulatory compliance for the region.

- Keep Industry and market changes in mind while recommending and approving cases.

- To take reference checks for prospective borrowers from market links and exiting lenders.

Work Experience : Minimum 3 years with Banks

Or Minimum : 5 years with NBFCs

Primary Skill : Credit analysis skill.

Process oriented :

Market Feedback/ network

- MS Office proficiency and understanding of core banking/ online systems/ software.

- Technical Skills : Ability to understand financial analysis

- Knowledge of types of collateral, their acceptability as security and valuation norms for them.

- Understanding of process to conduct valuation and legal search report for immovable properties.

- Understanding of process to conduct valuation and verification of machinery and other movable assets.