Sr VP/AD - NBFC Ops & Securitization

Company: NBFC

Function: Operations, Asset Accounting & Securitization

Designation: Head- Operations, Securitization & Banking Relations

Business: SME & Retail Assets

Grade: Associate Director / SVP

Location: Mumbai

Educational Qualification – CA / MBA Finance (Full Time)

Experience

- 12 – 15 years in Asset Operations & Financial Accounting, Portfolio Securitization, Direct Assignment, Liquidity Management, Asset Liability Management in Consumer & SME business in a Retail Bank or in an NBFC.

- Extremely good at liaison work. Should have good contacts and relationships with Banks & FIs at the right levels.

- Should be a good communicator and extremely good at presentations.

- Should have an in-depth understanding of Securitization and Direct Assignment norms and regulations.

- Should be a go getter and ready to create opportunities to place the portfolios.

Age – 35 - 40 years

The responsibilities for this role are divided into two significant parts

A) Operations & Financial Accounting

- Create, develop, manage and drive the entire “Operations, Loan Management & Customer Service” department

- Responsible for managing the related technology system, team, infrastructure and competence development and improvement.

- Create systems, process, team and infra to

- Aid in smooth processing and ultimately effective disbursal of the sanctioned transactions.

- Ensure effective adherence to the operations and accounting policies as laid down by the company and as per the regulatory and legal frame work.

- Custodian and owner of all the “Operation” policies and manuals and their effective and timely updation, compliance and implementation.

- Ensure that all customers receive welcome letters, interest certificates or any other communication as required on time.

- Manage entire process of safe custody & storage of customer and collateral documents and their retrieval.

- Manage the entire process of closure of loans and issuance of NOC. Create proper check and balances and reporting.

- Liaison with the finance team of the company to ensure proper recon of the funds disbursed.

- Ensure the proper, timely and effective financial accounting for the SME & Retail assets business & management and regulatory reporting therefore.

- Efficient and effective fund management in liaison with the central finance & treasury department of the company

- Manage all vendors associated with the Operations department.

- Manage the entire Operation Department cost and budgets.

- Manage effective after sales service process and very high standard of service quality.

B) Securitization & Banking Relationship

- Responsible for down-sell and securitization of the SME & Retail Assets portfolio created by the business team in lines with the business plan, liquidity requirement and leverage and ROA requirement.

- To liaison with Banks, Rating Agencies, MFs, Insurance Companies etc who will be interested to buy / invest in such pools so created.

- Ensure that the policies as laid down by the business / credit are such that the pools / portfolios thus created follow the guidelines of PSL and securitization norms a set by the regulators, so as to aid in easy sell down as and when required.

- Ensure that the strategic intent and all execution plans are directed at creating pools and portfolios that can be easily sold and assigned or securitized.

- Maintain high level of relationship with Banks and other FIs that will be our customers of pools and portfolio’s so created.

- Evaluate opportunities of co-origination with Banks and FIs.

- Work closely with Business Head, COO to ensure that effective management of liquidity and ALM.

- Ensure that he keeps a track of the portfolio quality so that the rating of the pools and the company is not impacted adversely.

Interested people may send across their resumes at bhumika@peoplekonnect.co.in