Job Description

1) Job Purpose:Write the purpose for which the job exists (in 2-3 lines)

The purpose of this job is to execute risk and credit operations on assigned transactions in alignment with established frameworks and processes, ensuring effective and efficient loan underwriting across ABHFL service offerings for sound portfolio quality management. This role is expected to take approval decisions as per approval matrix after due creditworthiness and risk assessment ensuring process adherence, and coordinate with Sales, Operations and Technical team colleagues to ensure robust risk management operations

2) 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 (Max 254 Characters)
	Unit Workforce Number (Max 254 Characters)	Approx.. 30
	Function Workforce Number (Max 254 Characters)	Approx.10
	Department Workforce Number (Max 254 Characters)	2-3 credit managres
	Other Quantitative and Important Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Customers or any other parameter
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
Organizational Context Key Aspects: Part of the Aditya Birla Capital Ltd (ABC Ltd), Aditya Birla Housing Finance Limited (ABHFL) is registered with the National Housing Bank as a housing finance company under the National Housing Bank Act, 1987. The company offers a complete range of housing finance solutions such as home loans, home improvement and home construction loans, balance transfer and top-up loans, loans against property and construction finance. The company acquired its license on 9^th July 2014 and has aggressive growth plans. ABHFL has grown at a steady rate while reporting good asset quality despite challenges in the operating environment. While the industry is dominated by five large groups, there has been an emergence of segments like Affordable and self-employed borrowers, given the high potential in these segments. Despite increased focus by banks, HFCs have been able to maintain their share in the mortgage market. and is poised for rapid growth and plans to grow 5X (40,000 Cr) in the next 5 years. This shall take ABHFL within the top 5 percentile of HFCs in the country. Job Context Key Aspects: The Risk team provides core underwriting services fundamental to the ABHFL business health, risk management and sustainability. Structured as a dual to the Sales/ Sourcing team, with positions mapped against corresponding Sales roles across the organization, the Risk team is responsible for necessary controls and process checks to ensure business performance and health. While the core responsibility for this function is to control the business via robust underwriting and risk management, supporting business expansion via joint evaluation of different product/ market growth proposals with the Sales team is also an important contribution. The Head - Risk plays a vital role in securing the organization against diverse risks in the course of business operations. This role is responsible for setting up requisite underwriting and risk management frameworks and processes for robust and efficient creditworthiness and risk assessment, and consequent inputs for business decisions (loan approval/ rejection, business expansion, etc.) Key Challenges While the ABFL Mortgages team also works with retail customers in the property space, the ABHFL business is exposed to the additional Construction Risk, i.e. risk from under construction projects not getting completed as planned. The Risk Team must factor for this when designing and executing control mechanisms and evaluating business proposals. ABHFL is in its inception phase as a company and in the midst of rapid growth. The Risk function must therefore be able to balance priorities of risk management and business growth efficiently, without increasing sub-prime exposures or impacting business health and sustainability. The housing space is characterized by state-wise norms and business practices, as well as varied interpretations of regulatory guidelines by different stakeholders. It is therefore essential for the Risk function to remain up to date on business practices/ norms across the country and work within regulatory guidelines in a manner that minimizes business risk and also supports growth objectives. Enabling Skill Sets & Qualifications Critical skill sets required to meet these challenges include strong business and commercial acumen, analytical skills, good stakeholder management and presentation skills, and team management and execution capabilities. Education & experience required to fulfil this profile are a CA/ MBA - Finance with minimum 4-7 yrs of experience in a bank/ NBFC/ HFC, of which at least recent 2- 3 yrs experience should be in managing risk and underwriting in an HFC.

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
Underwriting and Portfolio Quality Management	Execute risk and credit operations for assigned transactions in adherence with defined frameworks and principles across ABHFL business lines Evaluate and approve proposals as per defined approval matrix, seeking guidance from seniors and assisting peers on specific cases as required Liaise with relevant Legal, Technical and other verification vendors for Legal-Technical evaluations and clarifications in complex cases, as required Monitor the bounce rates as per threshold limits.
Process Efficiency	Execute risk operations efficiently and in a manner that enables business performance while ensuring risk management imperatives Coordinate seamlessly with Credit Processing Analysts and Credit Analysts to ensure files are logged appropriately and analyzed thoroughly . Work as per process-driven coordination mechanisms with Sales and Operations teams for effective decision making and problem solving in line with business and risk management needs escalate to RCM as required . Effectively managing external vendors to ensure quality of reports & TAT . Efficiently track Cost and ensure they are within budgeted levels. . Ensure accurate data capture in LOS and maintain high quality of documentation. . Ensure collection of Post disbursal documents within assigned time frame.
Risk Compliance & Control	. Ensure compliance with established risk management principles and norms compile periodic and need based MIS, reports, escalation case documents, etc. . Conduct local risk operations in line with defined Maker - Checker mechanism with Sales and Operations teams in a systematic manner, across key aspects such as exception approvals, collateral valuation, PDD completion, cheque bounce collections, etc. . Ensure minimal critical observations in Audit and also to ensure all observations are resolved within specified TAT's.
Collection Efficiency	Work in alignment with process-driven mechanisms for coordination with the Collections/ Operations team on tracking delinquency cases and driving collections efficiently and effectively Escalate specific/ complex cases, as required, to RCM for recovery and delinquency/ NPA avoidance Monitoring of delinquent portfolios. Liaison with key delinquent customers and support collections team for resolutions of all cases Report fraud cases to Risk monitoring team and Regional/Zonal Risk Head.
Business Growth and Sustainability	Work in partnership with Sales and Operations colleagues on case-based decision making for effective support on business growth and sustainability
Self-Development & Internal Stakeholder Coordination	Seek development to execute better risk assessment and loan underwriting via technical skill-up (e.g. proficiency on legal & technical documents, property business practices & norms, etc.) and role clarity Maintain relationships with internal stakeholders for smooth coordination on complex/ escalation/ exception cases

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)

NIL

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 Type	Frequency	Nature
Internal
Regional Credit Manager Credit Managers Credit Processing Analysts Sales, Operations, Technical Risk Monitoring Team	Daily/ Need Based Daily / Ongoing Daily / Ongoing Daily / Need Based Daily / Need based	Periodic reporting risk/ credit trends & performance escalation/ exception approvals. Inputs on structuring complex cases. Inputs on structuring complex cases. Coordinate and guide to ensure case files are analyzed appropriately Periodic updates, need based coordination on specific cases Inputs on Legal-Technical reports/ evaluations Coordinate with the Monitoring Team to update the status of cases and resolve their queries
External
Business Forums/ Networking Platforms Customers Vendors	Half Yearly Daily / Need Based Quarterly / Need Based	Periodic interfaces to upgrade know-how and awareness on risk/ credit management mechanisms Meeting customers to conduct Personal Discussion as a part of the underwriting process Interacting with the various vendors (Lawyers, Valuation agencies, verification agencies) for reports and monitoring their TAT .

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

Area Credit Manager