Credit Manager-Inventory Finance

Job title: Credit Manager-Inventory Finance

Company: IDFC FIRST Bank


Job description: Job Description:Role/ Job Title: Credit Manager-Inventory FinanceFunction/ Department: CreditJob Purpose:The role bearer has the responsibility to coordinate with sales team to achieve target of the area assigned. The role bearer will be in direct contact with the consumers in order to establish their credit, worthiness, ensuring completion of verifications and adhering to the guidelines set as per the company credit policy. The execution of these tasks must be accomplished in such manner which is both sales supportive and risk averse contributing to the larger organizational objectives of the bank.Roles & Responsibilities:

• Ensuring high quality of underwriting with minimum error and as per policy guideline.
• Provide financial assistance to TW/ CD/ Auto / CV / Tractors dealers primarily to fulfil their short-term working capital. Responsible for assessment of cases within stipulated TAT.
• Evaluating the financial performance of dealers through analysis of dealer’s performance.
• Regular dealer visits to understand the market and business requirements and lesioning with borrower as and when require.
• Determining the key credit risks and mitigating factors while evaluating the proposal
• Preparation of various MIS’s incl. Credit review MIS, proposal tracker, limit tracker, condition/ deferral tracker, extension of limits on account of non-fulfilment of condition/submission of renewal documents.
• Processing of day-to-day transactions in the form of deal extensions/Ad hoc/exceptional indents that flow to credit unit in case of deferrals, overdue and other credit stipulations within specified TAT’s.

Education Qualification:Graduation: AnyPost-graduation: MBA, PGDMProfessional Degree: CA FresherExperience:2 -5 years of experience

Expected salary:

Location: Thane, Maharashtra

Job date: Mon, 18 Nov 2024 05:51:23 GMT

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