Manager - Operations - NBFC

Manager Operations - NBFC

Location - Lower Parel ,Mumbai

Experience - 7-10 Years

Education - MBA,CA. B.com

CTC - 12 lacs pa

Opening of - Manager - NBFC

Reporting to AVP - NBFC

- Managing and performing entire operational function of NBFC for loan against Securities, Margin funding, IPO funding, MTF RMS & Single Scrip Report

- Dealing with all Institutional Financers for disbursement, repayment & approval of line of credit facilities

- Dealing with different bankers for POA accounts, IPO ASBA Facilities, OD against FD etc.

- Monitor client exposure, Single scrip borrowings, Group borrowings, Loan to value, Overall NBFC & MTF Risk

- Managing and Clearance of Shortfall of NBFC clients as RBI Norms of LTV

- Daily funding and payout of clients as per terms and conditions

- Regular in touch with franchisees, Branches and clients for any requirements of Funds and service and suggestions and motivation for enhancement of business.

- Reviewing all Group I category stocks according to exchanges for modification into approved stocks as per RBI Norms

- Timely discussion with seniors for additions/deletions in approved scripts as new Group 1 stocks

- Monthly preparation of presentation about overall working of NBFC with discussion with senior.

- Presentation/training to Sales Team/Franchisee about NBFC Products

- Preparation of Incentive report of Franchisee and Sales Team

- In regular touch with Internal Auditor for monthly details regarding LTV Maintenance, Interest Modification , RBI reporting along with various returns

- Dealing with Statutory Auditor for requirements for balance sheet and various Audit requirements

- Preparation of Minutes Book of all committees

- Preparation of all policies time to time

- Keep close watch on Submission & Preparation of Annual Report, FDI Return, SMA Reporting & all monthly and quarterly return etc. to RBI with respective deadlines

- Timely checking Interest repayment of all clients and Responsible for Quarterly SMA and Potential NPA reporting to RBI

- Review and adoption and submission of all committee minutes, policies and process according to RBI guidelines

- Build digital platform for Product. Implement automated systems and technology for credit monitoring and compliance

- Regular Interaction with Internal Stakeholders - Branches, Franchisees, Risk, Compliance, Legal, Operation, IT, Regulators

- Oversee compliance reporting, regulator audit, Internal and external audit

- Interact and liase with industry peers and use market insights for enhancement of products and services

All the interested candidates can apply or call on 9867303334

Ravi Suryawanshi
SR Executive - Search