Team Member - Credit Monitoring (PSFG)

Business

Aditya Birla Capital

Unit

Aditya Birla Finance Limited

Location

Mumbai

Role

Team Member – Credit Monitoring

Department

Credit Monitoring

Eligibility Criteria

CA/ MBA

To build a robust credit coverage and Credit monitoring system

• Focus on identification, measuring, monitoring, and managing the risks (including credit, operational, market risks etc.) in the overall portfolio and individual borrowers

• Gathering market intelligence about the borrower and industry through:
  1. Regular liasioning with borrower’s bankers, credit rating agencies, CIBIL etc. 
  2. Regular meeting with company’s management and its supply chain stakeholders
  3. Interacting with other industry players, wherever possible
  4. Any other sources of information that are available

• Taking responsibility of managing the overall credit quality of the portfolio

• To have risk awareness about macro and sectoral issues related to various sectors where the division has lent and is looking for business opportunities

• Benchmark the internal credit monitoring policy to the industry and keep improving upon the same

• To monitor the compliance of internal and regulatory guidelines etc.

To perform portfolio monitoring and leverage data analytics for effective Credit monitoring & formulate compliance processes for new and existing business

• To monitor the portfolio performance by continual analysis of fundamentals & reviewing the ratings, analyse the covenants and evaluate industry performance in that sector

• Regularly updating on the pending compliances, gaps in security creation and perfection to be duly highlighted to the senior management including credit committee etc.

• Regularly track and evaluate the collaterals using Collateral Management System or any other process/system and suggest mitigant steps to preserve/recover the value of the collaterals as the case may be

1. Empanel and use the services of established and on ground valuers to identify any impairment in the collateral and take appropriate steps

• Devise risk-based data analytics tools, including Collateral Management System and pending compliances etc., that are constantly evolving and gradually can be used to predict the ‘Early Warning’ signals

• Use statistical models to standardize and improve lending decisions

• To make sure that all the post sanction compliances are regularly met and adhered to

• Ensuring proper end use of funds, adequate insurance cover of borrower’s assets, legal documentations are complete and valid etc

• Monitoring escrow statements and cash flow performance of the project and the borrower

• Keep track of the timely receipt of all payments from the borrowers and to ensure that ABFL’s security and security cover are constantly monitored and safeguarded

• Conduct regular site visits and periodic meetings with company’s management wherever required and feasible

• Suggest and initiate actions when risk metrics are breached or have potential to be breached and follow up on the action items as advised by the management

• To regularly upgrade credit procedures & ensure their compliance with internal & external rules of lending

Monitoring & Risk Identification of Under Construction and operational Projects

• Keeping track and monitoring of the under construction, alongwith Business & Credit Team, including physical and financial progress. 

• Using latest technology such as satellite image analytics, artificial intelligence, machine learning, among others to enable risk identification, monitoring and field level interventions

• Using remote project monitoring tools to identify and predict project delays and losses

• Evaluating cost and time overrun, if any of the projects and suggesting mitigating measures for the same. 

• Regular interaction with project stakeholders including LIE, other lenders of the project etc.

• Attending Lenders/consortium meetings, Investor calls etc . 

• Undertake regular site visit of operational / under construction projects to keep track of the project assets and identify any gaps, which can be used to safeguard the project assets.

To manage a robust documentation mechanism for business proposals & develop MIS reporting for areas under risk management

• To maintain accurate reports & analysis of portfolio risk variances & trends for the lending portfolio

• To present periodic MIS to the Head – Credit Monitoring and other internal and external stakeholders