Managing credit monitoring Team
Manage credit monitoring division for Construction Finance, SME - Institutional
To build a robust credit coverage and Credit monitoring system
- Focus on identification, measuring, monitoring, and managing the risks (including credit, operational, market risks etc.) in the overall portfolio and individual borrowers
- Gathering market intelligence about the borrower and industry through:
- Regular lesioning with borrower's bankers, credit rating agencies, CIBIL etc.
- Regular meeting with company's management and its supply chain stakeholders
- Interacting with other industry players, wherever possible
- Any other sources of information that are available
- Taking responsibility of managing the overall credit quality of the portfolio
- To have risk awareness about macro and sectoral issues related to various sectors where the division has lent and is looking for business opportunities
- Benchmark the internal credit monitoring policy to the industry and keep improving upon the same
- To monitor the compliance of internal and regulatory guidelines etc.
To perform portfolio monitoring and leverage data analytics for effective Credit monitoring & formulate compliance processes for new and existing business
- To monitor the portfolio performance by continual analysis of fundamentals & reviewing the ratings, analyses the covenants and evaluate industry performance in that sector
- Regularly updating on the pending compliances, gaps in security creation and perfection to be duly highlighted to the senior management including credit committee etc.
- Regularly track and evaluate the collaterals using Collateral Management System or any other process/system and suggest mitigant steps to preserve/recover the value of the collaterals as the case may be
- Empanel and use the services of established and on ground valuers to identify any impairment in the collateral and take appropriate steps
- Devise risk-based data analytics tools, including Collateral Management System and pending compliances etc., that are constantly evolving and gradually can be used to predict the Early Warning signals
- Use statistical models to standardize and improve lending decisions
- To make sure that all the post sanction compliances are regularly met and adhered to
- Ensuring proper end use of funds, adequate insurance cover of borrower's assets, legal documentations are complete and valid etc
- Monitoring escrow statements and cash flow performance of the project and the borrower
- Keep track of the timely receipt of all payments from the borrowers and to ensure that ABFL's security and security cover are constantly monitored and safeguarded
- Conduct regular site visits and periodic meetings with company's management wherever required and feasible
- Suggest and initiate actions when risk metrics are breached or have potential to be breached and follow up on the action items as advised by the management
- To regularly upgrade credit procedures & ensure their compliance with internal & external rules of lending
Monitoring & Risk Identification of Under Construction and operational Projects
- Keeping track and monitoring of the under construction, along with Business & Credit Team, including physical and financial progress.
- Using latest technology such as satellite image analytics, artificial intelligence, machine learning, among others to enable risk identification, monitoring and field level interventions
- Using remote project monitoring tools to identify and predict project delays and losses
- Evaluating cost and time overrun, if any of the projects and suggesting mitigating measures for the same.
- Regular interaction with project stakeholders including LIE, other lenders of the project etc.
- Attending Lenders/consortium meetings, Investor calls etc .
- To review reports and analytics on repayment schedules, covenant monitoring, modification in terms and loan sanction, etc
- Undertake regular site visit of operational / under construction projects to keep track of the project assets and identify any gaps, which can be used to safeguard the project assets.
To manage a robust documentation mechanism for business proposals & develop MIS reporting for areas under credit management.
To ensure efficient Turnaround time (TATs) by the Credit and Operations team for validating and processing the proposals
- To maintain accurate reports & analysis of portfolio risk variances & trends for the lending portfolio
- To present periodic MIS to the Head – Credit Monitoring and other internal and external stakeholders
- To effectively deploy processes and mechanisms for ensuring high quality TATs for validating lending proposals & share the same with all concerned
- To ensure prompt resolution/ explanation of queries raised by sanctioning authorities
FP&A Role with 3 resources
- Prepare the MIS, Working Files for Infra and Wholesale Business
- To Forecast the Profit numbers
- Budget & Planning exercise for Infra and wholesale division
