01Overview
Job DescriptionArea Credit Manager EQFREPORTS TO (SOLID & MATRIX): Position Grade: M4/M5Business Unit: SMEDepartment: CreditSub Function: EQFLocation: Number of Positions: Single/ MultiplePosition Type: Full TimeJob PurposeDirect Reports (Position Title)ResourcesThe objective of the role is to ensure vigorous credit underwriting, monitor delinquencies, and enhance market intelligence. This involves preparing credit notes, conducting client visits, and analysing transaction risks. The role also includes identifying automation opportunities, minimizing audit queries, and staying updated on market practices to facilitate informed decision-making.Team SizeDirect: 3Indirect Team Size (Onrolls): 3Financial ResourcesBook Size: INR XXNet interest income: Main AccountabilitiesQualifications & ExperienceMinimum Degree: MBA/PGDBA/PGPM/ CA or EquivalentMinimum Years/type of experience: 5 - 9 years in Banks/FIsCompetencies:SpeedMeritocracyLeadership EffectivenessCustomer FocusTech QuotientSustainabilityAdaptabilityInfluenceCollaborationIntegrityResilienceAgilityDecisivenessRisk managementFinancial acumenFunctional CompetenciesTCL shall populate as per the existing gridKey Decisions taken Amendment of credit notes and financial models.Preparation of detailed credit notes.Interaction with collections and sales teams for delinquency tracking.Customer meetings for industry and market understanding.Prepare/amend the note / financial model with correct information (gathered via business team / public domain / other resources)Prepare the credit note comprising of the detailed transaction structuring/ assessment with a focus on the assessment part of the sought credit facilityUndertake regular interaction with collections / sales to track delinquencies Study delinquent cases with a view to derive learning and sharing the same with the teamMeet customers (retail & strategic) at regular intervals to understand various industry & marketsPre approval and rating of all clients with exposure more than Rs 500L Regular Training sessions for Sales / Channel Partners / Filed sales staff on the various product policies & processesControl & Monitoring of Post Disbursement Documents Invoice, Insurance & RC by way of interaction with sales and customers Managing portfolio to meet the requisite quality of documentation, post disbursal documents and delinquency levelsWorking on projects/process improvements from time To timeCritically evaluate the transaction risk, business & Financial risk of the borrower as well as industry risk involved in any given industryIdentify relevant and associated risk as aforementioned and to submit appropriate mitigate against eachPerform the financial analysis in detail attending to all major movements in P&L & Balance sheet while ascertaining /citing the precise reason of such movementPrepare the Credit Note comprising of structure of the transaction and view of credit, detailing risk and mitigantsDetailed financial appraisal covering the business model, working capital cycle, profitability etcDevelopment of market intelligence by engaging with the people in other banks and FIs w.r.t. their policies, focus area, portfolio healthIdentify the automation opportunities in existing processes, new product developmentQuality of Credit UnderwritingRaise early warning signals for exit of stress accounts and take due measures for timely exitEnsure minimal audit queries including RBI and statutory audits and resolve the same within prescribed timelinesThrough market knowledge of CE /CV market practicesActive involvement in customer visit Regular MIS on market intelligenceJD Written byJD Approved by .
