Head - Credit Control/Credit Monitor/Portfolio Monitor - BFSI

Reporting To : Head - Credit Monitoring

Location : Mumbai

Job Purpose :

1. Reviewing & issuing of sanctioned letters of real estate clients.

2. Review of executed documents submitted by the borrower as per stipulation mentioned in the sanctioned letter.

3. Processing & reviewing initial & subsequent disbursement of Real Estate clients as per the stipulated disbursement milestone.

4. Ensuring the compliance of Post Disbursement Documents & maintaining of MIS for PDD.

5. Periodically monitoring the covenants as per terms and conditions agreed in the sanction letter & ensure the closure of the same within the defined timeline.

6. Ensure & review the DSRA instruments on weekly/Weekly basis & provide the update to the management.

7. Co-ordination with Banks & Business for smooth functioning of escrow mechanism.

8. Handling miscellaneous monitoring activities of Real Estate clients.

9. End to end manage the monitoring of the accounts assigned & intimate the same if any material change to the business unit.

10. The person should be able to independently handle DSRA & Escrow related MIS of PAN India real estate portfolio.

11. The person will be the one point contact person for Escrow/DSRA related coordination with Banks & Trustee.

Principal Accountabilities :

1. Knowledge on various lending products.

2. Working knowledge on MS office, MS excel, macros, etc.

Skills And Knowledge :

Educational Qualifications : MBAs would be more preferable for handling the monitoring/EWS/credit control role.

Functional Skills :

- Profile would require extensive handling of internal as well as external stakeholders.

- Relevant and total years of Experience:

- Minimum 2-6 years of experience in handling the monitoring activities in Banking/NBFC/Allied institutions