Manager - CAD - SME Finance - Credit - Indore - M.G Road (TCFSL) - JM

Jun 17, 2024
Jul 01, 2024
Work Mode
Work from office
Full Time
Organization Type
Job Description

Job Purpose :

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.

Main Accountabilities :

1.Issuance of Sanctioned Letters:
. Prepare and issue sanctioned letters to clients, outlining the terms and conditions of credit facilities.
2.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.
3.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.
4.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.
5.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.
6.Deferral MIS:
. Prepare Management Information System (MIS) reports related to deferral cases.
. Track and report on deferral conditions in line with sanction terms.
7.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.
8.MIS on Revenue Leakages:
. Generate MIS reports to identify revenue leakages as per sanction conditions.
. Implement corrective actions to minimize revenue losses.
9.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.

Qualifications - Minimum Degree: MBA in Finance/ CA

Skills: Credit Administration, Revenue Leakages, Mis Reports, Process Mapping, Compliance, Documentation, Process Improvement

Experience: 5.00-7.00 Years