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Job Id: 321
Job Title: Manager/Sr.Manager - Credit Monitoring - Mumbai
Industry: Banking, Financial Servcies & Insurance
Functional Area: Accounting / Finance / Tax / Audit / Company Secretary
Salary: 5 Lac - 8 Lac
Job Location: Mumbai
About the Client

The company is India's Leading Non Banking Finance Company (NBFC) operating in Wholesale & SME Lending.

As part of the business activities,the company is predominantly focused into Asset Financing and Lending business. The Wholesale Lending Business segment provides specialized and holistic solutions to Indian corporates helping them build and grow their businesses with initial funding, mezzanine financing, acquisition financing etc. They focus on products in the structured credit space backed by adequate collaterals and cash flows to build a secured and quality wholesale lending portfolio.

Job Description

Job designation : Manager/Sr. Manager - Credit monitoring

Job Location : Mumbai

Job Description :

*Responsible for monitoring of current advance portfolio.

*Project progress monitoring via site visit.

*Follow up with the customers for obtaining stock statements, QIS, QMS and other financial information for compliance of terms and conditions of the sanction.

*Stock Statement verification and drawing power analysis of the client.

*Ensuring post disbursement compliance with approved terms and conditions, assignment of rights, review expiry of credits, progress payment insurance, post fact mortgage etc.

*Review daily system credit monitoring and management reports and identify non performing accounts with irregularities and proactively follow-up to ensure corrective action taken in line with credit policy.

*Monitor all irregularities, past dues, documentation deficiencies, etc., and report to senior management.

*Attend consortium/ Joint lenders meetings and visits to the project sites.


Desired Candidate Profile

Any candidate having relevant experience of 2 or more years into credit monitoring can apply.

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