Regional Credit Manager

Vertelo is an Integrated Fleet Electrification Solution Provider backed by Macquarie and Green Climate Fund.

As a key player in India's EV transformation, our platform offers integrated solutions, including leasing and financing, charging infrastructure, fleet management services, and end-of-life asset management. We are proud to have already forged key partnerships with industry leaders to increase access to clean, efficient, and sustainable transport.

Vertelo has received anchor investment from the Green Climate Fund which has committed to invest up to $US 200 million and $US205million from institutional investors. Overall, Vertelo plans to invest $US 1.5 billion over 10 years with the aim to achieve a potential greenhouse gas emissions reduction of 9.5 MtCO2e.

Read more on vertelo.in , https://macq.co/6041fCspX

We are looking to hire a capable and driven Regional Manager Credit & Monitoring who will work closely with our senior leadership team to lead appraisal memo preparation, conduct credit evaluations and financial analysis, monitor live accounts on a monthly basis, and update overall portfolio-level data.

RESPONSIBILITIES include (but are not limited to):

Credit Evaluation:

Conduct initial assessment of proposals, including identification of key risks and De-duplication checks.

Evaluate internal ratings, prepare term sheets, and draft sanction letters.

Prepare detailed credit appraisal memos, financial models, IRR calculations, and financial analyses.

Summarize key legal documents associated with proposals for internal review.

Support OEM and asset assessments to ensure sound credit decisions.

Ensure accuracy, consistency, and integrity of data presented for decision-making.

Monitoring:

Maintain and regularly update portfolio-level master data.

Follow up with clients for monthly data submissions and analyze performance against projections.

Prepare and circulate monthly MIS reports for management review.

Identify early warning signals and potential weaknesses in ongoing cases.

Develop presentations for monthly investor reviews, board meetings, and other strategic forums.

Perform additional monitoring and reporting tasks as required by the role.

Compliances and Documentation:

• Track and follow up on post-sanction conditions with clients.
• Review proposal documentation to ensure adherence to approved checklists.
• Prepare MIS reports to review compliance status and management oversight.
• Ensure compliance with all internal policies, audit requirements, and regulatory guidelines.

Audit Management:

• Coordinate internal and external audits, liaising with auditors, regulators, and internal stakeholders to facilitate audit processes and timely address audit findings.
• Implement recommendations and corrective actions to improve audit processes and compliance practices.

EDUCATION & WORK EXPERIENCE :

• Chartered Accountant or MBA in Finance, Business, Economics, or related field
• 8 12 years of experience in Credit Underwriting / Risk Management / Credit Monitoring for a Bank / NBFC / Leasing form / an investment firm/ Energy/ Renewable sectors.
• Strong knowledge of financial analysis, credit analysis, portfolio monitoring and Early Warning Signs (EWS) for Corporate Finance / Project Finance / Asset Finance
• Preferably from Corporate Finance / Project Finance / Asset Finance domains.

COMPETENCIES :

• Strong knowledge of credit underwriting / monitoring in BFSI industry
• Proficiency in financial analysis and financial modelling
• Excellent communication and interpersonal skills, with the ability to communicate information effectively to stakeholders.
• Analytical mindset with problem-solving abilities, attention to detail and commitment to delivering high-quality performance.
• Ability to collaborate and work effectively in a small but growing team in a start-up style / dynamic environment.
• An understanding of the electric mobility eco-system in India would be advantageous.

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