Area Credit Manager - Retail SCF_Goregaon, Mumbai

Job Description Basic Details: Fill the required information about business, unit, location, position, reports to position and date of updation of JD Business Financial Services Unit Adity Birla Capital Limited Location Mumbai Poornata Position Number of the job Reports to: Poornata Position NumberPoornata Position Title of the job Credit Manager/ Area Credit Manager- Supply Chain Finance Reports to: Poornata Position Title State Credit Manager- Urban&SCF Function Credit Reports to: Function Department RCMB Reports to: Department Date of writing/ Updation of JD Aug 25 1) Job Purpose: Write the purpose for which the job exists (in 2-3 lines) To manage and evaluate credit risk for supply chain finance proposals, ensuring sound credit decisions that support business growth while maintaining portfolio quality and compliance with internal and regulatory guidelines2) Dimensions: Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job. Business Workforce Number CM/ACM 25 SCH/CCH 2 LEAD 1 Contract employees 6 Total 34 Unit Workforce Number NA Function Workforce NumberNA Department Workforce Number NA Other Quantitative and Important Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Customers or any other parameter Budget (Cr) FY 26 E closing book Parameters Measurement Unit FY 22-23-A FY 23-24-A FY 24-25-P Fy 26 Closing BookAmt In Cr 40 (SCF) 74 (SCF) 700(SCF) 2200 (SCF) Volumes (no of files- logins) FY 24E Files No of files 5000(SCF) No of products SCF -3 Geographies No of locations 200+ portfolio maintenance TBD TBD TBD TAT As per SLA Approval Rates 45% no of customers ( FY 24 E) FY 22-23-AFY 23-24-A FY 24-25-P FY 25-26 - P FY 26-27 - P 40 (SCF) 74 (SCF) 800 2200 5000 ATS(Lakhs) - FY 24 E Rs50L-SCF PBT ( Cr FY 24 E) FY 22-23-A FY 23-24-A FY 24-25-P FY 25-26 - P FY 26-27 - P 044(SCF) 9.28(SCF) 29.61(SCF) Not Available being recently started business (SCF) Not Available being recently started business (SCF)Span (Nos) NA 3) Job Context&Major Challenges:Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section Supply Chain Finance Manual Processes Without technology, underwriting processes may heavily rely on manual tasks, leading to inefficiencies, increased processing times, and a higher likelihood of errors.Limited Data Analysis Technology facilitates the analysis of large datasets for better risk assessment. Without it, underwriters may have limited access to data, hindering their ability to make informed decisions and identify emerging trends. Scalability Issues Manual underwriting processes may struggle to scale with the growing volume of business, leading to bottlenecks, delays, and a potential compromise in the quality of underwriting decisions.Increased Operational Costs Manual underwriting can be resource-intensive, requiring more staff and time. This can lead to higher operational costs and reduce the overall efficiency and profitability of the underwriting process. Lack of Automation Technology enables the automation of routine and repetitive tasks. Without it, underwriters may spend more time on administrative work, limiting their capacity to focus on complex risk assessments and strategic decision-making.Inability to Leverage Data Sources Technology allows underwriters to access a variety of data sources for comprehensive risk analysis. The absence of technology limits the underwriting team's ability to tap into alternative data and make well-informed decisions. Reduced Competitiveness In an industry where competitors leverage advanced technologies for underwriting, an organization without access to such tools may find it challenging to stay competitive, attract clients, and deliver efficient services.4) Key Result Areas:Writethe key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas) Key Result Areas Supporting Actions Credit Underwriting Management Evaluate creditworthiness of anchor corporates and their associated vendors/dealers.Analyze financial statements, bank statements, GST data, and other relevant documents. Conduct risk assessments and assign appropriate credit limits and tenors. Prepare detailed credit appraisal memos and present cases to credit committees/Senior Management. Ensure timely processing of credit proposals within defined TATs to support business efficiency and client satisfactionWork closely with the collection and legal to take action against defaulting parties Ensuring that the audit teams across like concurrent, PAR&external are responded on a timely basis. Reporting of Fraud identified if any to the FRMU team. Ensuring and maintaining FTR decisioning. Process Improvements Exploring process changes on ongoing basis to improvise&redefine process Portfolio Management Monitor portfolio performance and identify early warning signals. Review and renew existing credit limits periodically. Ensure compliance with internal credit policies and regulatory norms. Business Growth / Cross Functional Coordination / Stakeholder ManagementSupport sales team in maintaining partner relationshipswith DSAs and Channel Partners and regular visits and training to meet business results. Communicate the expected credit standards by engaging with the channel partners, sales teams and other distributors in understanding the proposals submitted and extracting the relevant supporting information and Co-coordinating for smooth disbursement.Support relationship managers in structuring deals and resolving credit-related queries 5) Job Purpose of Direct Reports:Describe the job purpose of the direct report/s to the job (in 2-3 lines for each report) Supply Chain Finance: Assist in evaluating credit proposals by analyzing financial, GST data, and banking information of vendors/dealers. Preparation of credit appraisal notes and ensure timely processing within defined TATs.Ensure productivity norms are met as per the set benchmarks through efficient handling of credit proposals and adherence to process discipline. Ensure accurate and complete documentation for approved credit facilities. Responsible for regular monitoring of the credit portfolio and early warning triggers, to ensure management of asset quality.Reviewing of anchor companies / anchor programs (vendor /dealer finance anchor programs) for Supply Chain Finance vertical sourced by Product Team. Recommend quality anchor programs thereby ensuring good quality portfolio and minimal level of NPAs. Ensure timely closure of audit observations. Maintain documentation and records as per internal and regulatory standards.6) Relationships:Describe the nature and purpose of most important contacts or relationship (except superior/team members) with individuals, departments, organizations inside and outside of the organization, that job is required to interact with in order to deliver the job objectives Relationship TypeFrequency Nature Internal National Sales Manager Sales team Risk team Operations team Other functions CEO/ Group CEO Risk Management Committee Daily Daily/ weekly Daily Monthly Need based Need Based Quarterly Business MIS, proposal reviews, new initiatives and branch updatesBusiness MIS, proposal discussions, NPA reviews, updates on initiatives Proposal approvals, interest rate approval, providing market intelligence, MIS on deviations in client accounts Client servicing issues, pricing matrix Business discussions for smooth operations Portfolio reviews and credit approvalPortfolio reviews and portfolio development strategies Aligning self with the strategies to the organization for implementation of the vision. Aligning self with the strategies to the organization for implementation of the vision. External Existing and Potential Customers Channel Partners/ DSAsFortnightly Need based Customer relationship management (CRM)&understanding the market pulse CRM, commission updates&understanding the market pulse of new initiatives etc. 7) Organizational Relationships:Provide the structure for a level above and below the position for which this job description is written. Use position titles in the structured and indicate all the reports of the position. SIGN-OFF:Provide the name of the Manager and the jobholder. Signature needed for the hard copy of the JD. Hard copy to be maintained in the organizational record.Job Holder Reports to - Manager Name Date of Entry / Approval