Manager Credit Administration - Mumbai - Lodha (I-Think Techno Campus)-JM

Job Purpose

Direct Reports (Position Title)

Resources

1. The objective of the Manager - Credit Administration is to oversee and manage all aspects of credit administration processes, ensuring accuracy, compliance, and efficiency. This role involves issuing sanctioned letters, verifying pre-disbursal documents, coordinating with operations, managing security perfection, monitoring post-disbursal documents, generating MIS reports, and driving process mapping and improvement initiatives to support the business.    

Direct: 

Indirect Team Size (Onrolls):

Book Size: INR XX

Net interest income: 

Main Accountabilities

Qualifications & Experience

• Minimum Degree: MBA in Finance/ CA


• Minimum Years/type of experience: 5-7 years

Competencies:

• Speed


• Meritocracy


• Leadership Effectiveness


• Customer Focus


• Tech Quotient


• Sustainability


• Adaptability


• Influence


• Collaboration


• Integrity


• Resilience


• Agility


• Decisiveness


• Risk management


• Financial acumen

Functional Competencies

TCL shall populate as per the existing  grid

Key Decisions taken

• Approval of sanctioned letters to clients, specifying credit terms and conditions.


• Verification and approval of pre-disbursal documents for credit facilities.


• Decision on the perfection of security and the creation of charges for asset-backed credit.

Issuance of Sanctioned Letters:

• Prepare and issue sanctioned letters to clients, outlining the terms and conditions of credit facilities.

Pre-Disbursal Document Verification:

• Verify and validate pre-disbursal documents and documentation for accuracy and completeness.


• Coordinate with the operations department for data input and file maintenance.

Security Perfection and Charge Creation:

• Ensure the proper perfection of security and the creation of appropriate charges for assets securing the credit facility.


• File necessary documentation with the Registrar of Companies (ROC) as required.

Document Maintenance and Updation:

• Maintain an organized record of all credit-related documents and ensure they are kept up-to-date.


• Monitor and manage document expiration and renewals.

Post-Disbursal Document Follow-up:

• Supervise the follow-up process for post-disbursal documents (PDD) from clients.


• Maintain records of PDDs and ensure their completeness.

Deferral MIS:

• Prepare Management Information System (MIS) reports related to deferral cases.


• Track and report on deferral conditions in line with sanction terms.

Security Creation and Follow-up:

• Oversee the process of creating security instruments and follow up to ensure timely completion.


• Maintain records of security creation and compliance.

MIS on Revenue Leakages:

• Generate MIS reports to identify revenue leakages as per sanction conditions.


• Implement corrective actions to minimize revenue losses.

Process Mapping and Improvement:

• Map credit administration processes, identify areas for improvement, and develop process enhancement initiatives.


• Collaborate with teams to implement process improvements to enhance efficiency and compliance.