Posted By
Posted in
Banking & Finance
Job Code
1137472
Purpose of Job :
- Responsible for maintaining working relationships with clients and assisting the resolution officer through analysis of financial statements and dedicated monitoring of project progress as well as account
Essential Qualification:
CA /MBA from premium institute
Essential Experience :
- 4+ years of experience in debt restructuring at a reputed Bank/ NBFC/ Private Equity/ ARC
Key roles & Responsibilities:
- Scrutinize stress through financial statement analysis, e.g., borrowers financial statements, sales projections, collection analysis etc.
- Assess expected recovery amount from the strategies along with the resolution officer
- Maintain working-level client relationships (e.g., with project CFO, site manager and other clients) and conduct weekly check-ins along with the resolution officer
- Regularly monitor stressed facilities and account through data collection and follow-ups with clients in coordination with the asset monitoring team
- Track sales and collection of the individual projects and asset quality to prevent further slippages, e.g., monitoring borrowers overall financial position and project specific plans
- For all further disbursements and fund usage from collections ensure compliance to the agreed upon construction-linked plan, conditions preceding and conditions subsequent
- Prepare monthly internal review reports for assessment of project progress and efficacy of resolution strategy
- Oversee implementation of key decisions that have an impact on P&L and Balance Sheet
- Support MIS/Finance for managerial and regulatory reporting as needed
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Posted By
Posted in
Banking & Finance
Job Code
1137472