· Manage the entire VHL credit team ( Recruit, train and talent upgradation) · Manage the underwriting of all cases in country within stipulated time as prescribed · Take constant feedback from the team to clear any bottle necks / solve any issues and ensure least attrition in the department. · Ensure discipline and monitor other routine issues Functional Responsibilities · Attend to audit reports by RBI and internal auditors and close on the audit observation and actionable promptly · Credit Appraisal: Ensure all loan applications are appraised as per credit policy and within applicable TAT · Credit Policy: Provide valuable inputs to the policy team in updating the credit policy. · Training: Training branch and cluster credit team regularly on credit policy and improvement areas. · Good interpersonal, relationship management, customer service, and rapport building skills. · Risk Mitigation: Identify and analyze risks (economic, social, political, etc) related to broader loan portfolio; ensure portfolio diversification and quality across activities and Area
Credit Management, Underwriting, Risk Policy,
Other
Experience Not Provided
Bangalore, Karnataka, India
Job Description: Setting up Robust credit underwriting processes and discipline. Ensuring that Ummeed maintains high quality Credit portfolios. (Ummeed with GNPAs less than 0.6% is a top quartile player on this metric) Hiring, Training and Developing a highly motivated and effective team - this is a critical requirement ( Prior work experience in the AHFC segment is key ) Responsible for helping with Collection of early delinquent accounts. Can contribute towards setting up changes in the LOS systems, credit screens and risk assessment processes. Coordination with internal and statutory audit firms, rating agencies, regulator and institutions. Responsible in ensuring Risk Management policies are directly reflected in the organization’s strategic plans. Take a thorough look at the audit practices of accounting, compliance reports, and safety measure Recognize the threats to the reputation of the organization, which include blunders in the Sales/Credit process Documenting risk analysis reports to various stakeholders such as board members, C-suite executives, and employees Evaluating the operational risks that might occur due to system failure or human error, which in turn leads to the disruption of business processes. Recognize and think through the potential threats to operational efficiency and financial stability of the organization and protect the organization against the same. Develop risk-related plans and formulate strategies to minimize and mitigate. Create an integrated underwriting risk framework for the organization. Quantify risk limits and develop plans to mitigate risks.
Risk Assessment, Risk Management, Business Processes, Operational Efficiency, Underwriting,
Other
Experience Not Provided
Gurugram, Haryana, India
Job Description Form (Technology) Basic Information Role/ Job Title Portfolio Lead - Credit Cards Place of Work Mumbai BKC Business Credit Cards Function/ Department Credit Cards Organizational Relationships Supervisor Title & Grade Business Lead Scope & Size Direct Reports 2 In Direct Reports NA Stakeholder Network Internal Stakeholders Product, Marketing,Operations, Technology, Customer Service, Analytics External Stakeholders Merchant Partners, Vendors Peers within functions Product Lead, Portfolio Lead Peers in other functions Marketing Lead, Project Lead Job Purpose This role will primarily be responsible to drive Spends for the Credit Card Portfolio Team. Their broad responsibility is to develop and implement marketing strategies inorder to grow consumer spends and help reach the assigned targets. In order to successfully reach their goal, the individual needs to closely work with multiple teams including Product, Marketing, Tech, UX, Operations, Analytics and Customer Service teams. Roles & Responsibilities Key / Primary Responsibilities Drive Spends campaign for credit card business Utilize qualitative and quantitative insights to develop hypotheses- identify opportunities based on competitive intelligence and customer analytics to increase consumer spending Define, prioritize, and communicate short- and long-term goals Partner with engineers, designers, marketing, customer operations, strategy and analytics teams to rapidly develop and deliver projects Train and lead a team of 2 members Secondary Responsibilities • Communicating and collaborating with leaders from multiple disciplines and across multiple product lines • Ideate innovative consumer spending concepts and events • Defining clear success metrics, and support the teams to achieve the same Managerial & Leadership Responsibilities • Customer experience grounding: Ability to design customer-centric experiences throughout the decision journey • Market Orientation: Ability to deeply understand market trends, partner ecosystems, and competitive strategies • Business Acumen: Comfort with business strategy, portfolio prioritization, go to market and tracking key performance indicators, strong problem-solving skills • Soft Skills: Ability to build and manage a young team, and exercise leadership without authority, communicate effectively in different contexts Key Success Metrics Business Metric: Consumer Spend Growth and Customer Engagement for Credit Cards products. Customer Focus: Deep dive in customer behavior by analyzing data, observing trends and aligning campaigns/propositions accordingly. Execution mindset:- Understand the problems we are trying to solve and work closely with engineers, designers, data scientists, and other functions to define, iterate and ship an awesome sustainable product Communication: Build constructive relationships, communicate effectively with internal and external stakeholders, and have a great time doing it Job Requirements - Academic Qualifications Graduate Degree Any University (Premier/ Tier1, II, III, Others) Additional Information Post Graduate Degree MBA Tier 1 or 2 Full Time Professional Degree University (Premier/ Tier1, II, III, Others) Additional Information Job Requirements - Technical Qualifications Mandatory Certification Understanding of product/category marketing & digital sales Issuing Institue Additional Information Prferred Certification Issuing Institue Additional Information Job Requirements - Work Experience Years of Experience 8+ years Industries BFSI, Fintech, Marketing, Ecommerce Level / Capacity Job Requirements - Skills Proficiency Technical Skills (Tools, Languages, Competencies) Name Skill Proficiency Level (H/M/L) Description/ Comments Data analyticals skillls High Marketing skills High Functional Skills Name Skill Proficiency Level (H/M/L) Description/ Comments Experience of Digital payment products High Expertise in Consumer facing Payments/Cards High Behavioural and Soft Skills Name Skill Proficiency Level (H/M/L) Description/ Comments Communication & Interpersonal skills High Drive, Energy & Action Oriented High Innovative Thinking High Customer Focus/Orientation High
Marketing Skills, Competitive Strategies, Implement Marketing Strategies, Product Lines, Key Performance Indicators, Business Strategy, Competitive Intelligence, Customer Operations, Go To Market, Customer Engagement, Customer Experience, Digital Sales, Analyzing Data, Deliver Projects, Product Communication, Business Acumen, UX, Fintech, Consumer Facing, Multiple Disciplines, Ability To Design, Functional Skills
Product Marketing
Experience Not Provided
Mumbai
To lead Credit & Risk for supply chain finance business. Will be reporting to Chief Credit & Risk Officer.
Credit Management,
Other
Experience Not Provided
Bangalore, Karnataka, India
Job Overview: The Conventional Underwriter reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness. Key Required Skills: Candidate must have experience in live underwriting, Real Time Analysis. Excellent at Income Calculation and Debt-to-Income(DTI) Ratio Calculation. Expertise in 4Cs framework (Credit, Capacity, Collateral and Capital), Familiar in Credit report Analysis & LOX (Letter of Explanation). Knowledge on Residential Mortgage- Credit Bureau, Documents to approve the loan, Familiar with different account types. Job Roles and Responsibilities: • Review and analyse the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors. • Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor and the company. • Knowledge of Lending & Underwriting Guidelines | Credit & Income Analysis | Cash Flow Analysis | Risk Assessment | Loan-to-Value Ratios | Debt-to-Income Ratios. • Review Initial application - Verify loan, property, borrowers’ information with other available documents - Verify borrower's monthly income and expenses - Verify other relevant sections. • Review all the documents related to borrower’s Credit, Capacity, Collateral and Capital. • Calculate asset required for closing and reserve purpose for the transaction (as per guideline) • Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines. • Provides final approval underwriting of mortgage loans. • Completes all required paperwork and forms in a timely and accurate manner; prepares required forms. • Sign off conditions in a timely manner set by management. • Work with staff and management to find solutions on escalated loans. • May be requested to make recommendations for improving Internal Audit’s policies and practices. • Manage loans by using all functions of Encompass. • Effectively communicate underwriting decisions with processors and advisors • Maintain high level of customer service and communication with other departments. • Other duties as assigned. Qualification & Experience: • Degree or Equivalent • Recent 2+ years of experience in Live Underwriting. • Minimum 4 years of experience in conventional/govt end to end underwriting. • Well-versed with all 4C’s of Underwriting (Asset, Income, Credit and Collateral) • US Mortgage Process (Only Night Shifts) • Remote.
4C's framework, Income Calculation, Debt-to-Income (DTI) Ratio Calculation, Live Underwriting, Credit report Analysis, LOX, Credit Bureau, Documents to approve the loan
Information Technology
Expert (10+ Years)
Entity Centrum Wealth Total Years of Experience 8 to 15yrs Relevant Exp. (if different than total years) 4 to 6 yrs minimum dealing with MLD product Job location Kalina, Mumbai Key Responsibility Areas (indicative) 1. Manage the life cycle and product development process of Structured Product solutions for our HNI clients to meet their overall risk-return requirements 2. Conduct Back-testing to evaluate the historical success probabilities of the product strategies - Creation of Strategy payoffs and Product Presentations and other sales tools to aid product sales 3. Design robust processes in coordination with the issuer to ensure smooth product execution - Structured Products/Option positions 4. Hedging of Structured Products book to generate the desired strategy payoffs 5. Engage with Wealth RMs to support the distribution of structured MLD product solutions 6. Record keeping of all Structured Products issued till date, actively tracking valuation of Structured Products and assisting the team in providing early unwinds. 7. Scouting Third-Party MLD product, and Execute (end-to-end) over credit rating including regular surveillance and due diligence for the launch of the MLD product to sales team. 8.To look after both – In-house MLD and Third-Party MLD product offering for HNI clients Pre Requisites Prior experience of MLD product
MLD, Product design for debt products, Third Party MLD, NCD Distribution, Sales Tools, Product Strategies, Record Keeping
Financial Advisory
Expert (10+ Years)
Mumbai
Job Description: Setting up Robust credit underwriting processes and discipline. Ensuring that Ummeed maintains high quality Credit portfolios. (Ummeed with GNPAs less than 0.8% is a top quartile player on this metric) Hiring, Training and Developing a highly motivated and effective team - this is a critical requirement. Responsible for helping with Collection of early delinquent accounts. Can contribute towards setting up changes in the LOS systems, credit screens and risk assessment processes. Coordination with internal and statutory audit firms, rating agencies, regulator and institutions. Responsible in ensuring Risk Management policies are directly reflected in the organization’s strategic plans. Take a thorough look at the audit practices of accounting, compliance reports, and safety measure Recognize the threats to the reputation of the organization, which include blunders in the Sales/Credit process Documenting risk analysis reports to various stakeholders such as board members, C-suite executives, and employees Evaluating the operational risks that might occur due to system failure or human error, which in turn leads to the disruption of business processes. Recognize and think through the potential threats to operational efficiency and financial stability of the organization and protect the organization against the same. Develop risk-related plans and formulate strategies to minimize and mitigate Create an integrated risk framework for the entire organization Quantify risk limits and develop plans to mitigate risks Experience required: Having experience with respect to NHB / regulatory requirements around a HFC. Has extensive experience with legal and technical issues relating to collateral (property) across multiple jurisdictions. Atleast 15 years experience in underwriting & risk management. Needs to have extensive experience around income assessment for the SENP segment. Work experience with an Affordable Housing Finance player will be an added advantage. Need to have worked in multiple states across India - exposure to states in northern and central India is a prerequisite. Ability to work in close alignment with the sales teams to deliver optimal results - ie help meet volume targets but with strong portfolio quality is a key requirements. Position reports to the MD of the company with a dotted line to the Chief Business Officer, for alignment with Business. Should have managed/had exposure to working with the in-house legal and technical teams which deal with property/collateral related diligence. Should have some skills around credit portfolio review and management. Managed and led large teams Experience managing a high-performance team An ability to understand and analyze performance metrics Solid customer service attitude with excellent negotiation skills Strong communication and team management skills Analytical skills with a problem-solving attitude High energy resource and readiness to travel extensively Product experience in business loans, housing and loan against property Strong communication and interpersonal skills Excellent analytical and problem-solving skills
Operational Strategies, Operational Processes, Operational Excellence, Operational Activities, Risk Management, Technology Solutions, Operational Efficiency, Technology Integration, Process Optimization, Regulatory Requirements, Exceed Customer Expectations, Manage Budgets, Key Performance Indicators, Data-Driven, Financial Services, Understanding Of Customer Needs, Track Record, Resource Allocation, Financial Operations
Strategic Planning
Experience Not Provided
Gurugram, Haryana, India
Credit analyst for Project Finance with 6 to 8 years of experience.
Project Finance,
Investment Banking
Experience Not Provided
Mumbai, Maharashtra, India
Job Summary: Assistant Vice President (AVP) - Treasury Pool Sell Securitization will play a crucial role in the Treasury department, focusing on the securitization of financial assets to optimize the organization's liquidity and financial performance. This role involves managing the securitization process, assessing risk factors, and developing strategies to maximize financial returns. Key Responsibilities: 1. Securitization Strategy: Develop and execute strategies for securitizing financial assets, including loans, mortgages, or other securities, to enhance the organization's liquidity position. 2. Risk Assessment: Evaluate the risks associated with securitization transactions, including credit risk, market risk, and operational risk, and develop risk mitigation plans. 3. Financial Modeling: Build financial models to assess the potential returns and profitability of securitization deals, considering various scenarios and market conditions. 4. Transaction Execution: Oversee the end-to-end securitization process, including structuring deals, conducting due diligence, and negotiating terms with external partners or investors. 5. Regulatory Compliance: Ensure all securitization activities comply with relevant financial regulations and reporting requirements, such as Sarbanes-Oxley (SOX) and Basel III. 6. Market Research: Stay updated on industry trends, market conditions, and emerging securitization opportunities to make informed decisions. 7. Stakeholder Communication: Collaborate with various internal and external stakeholders, such as legal teams, financial institutions, and rating agencies, to facilitate securitization transactions. 8. Performance Monitoring: Track the performance of securitized assets and analyze the impact on the organization's financial metrics. 9. Documentation and Reporting: Maintain accurate records of securitization transactions and prepare regular reports for senior management and regulatory authorities. 10. Team Leadership: Provide guidance and mentorship to junior team members, ensuring efficient execution of securitization activities. Qualifications: • Master’s in Finance, Economics, or a related field. MBA or CFA certification is a plus. • 8-10 years of experience in Treasury, Securitization, or a related field. • Strong knowledge of financial markets, securitization products, and risk management. • Excellent analytical, modeling, and negotiation skills. • Knowledge of regulatory compliance and reporting requirements. • Strong communication, presentation and leadership skills. • Ability to work independently and as part of a team.
Financial Performance, Financial Modeling, Assessing Risk Factors, Regulatory Compliance, Due Diligence, Risk Mitigation, SOX, Develop and Execute Strategies, Market Research, Risk Management, Stakeholder Communication, Maintain Accurate Records, Financial Metrics, Financial Markets, Economics
Financial Advisory
Experience Not Provided
Mumbai, Maharashtra, India
Business Development - Deal Maker Role Description for: Business Development Professional who can do end-to-end deal making from sourcing till definitive documents Role Tittle: General Manager / DGM Function: Business Development Reports to Functionally: Head, Business Development, North 1. Purpose of the role: Establish the organization presence in MMR by adding new projects as per the organization strategy. 2. Key Responsibilities: Sourcing and Deal Evaluation: - Sourcing deals from various IPCs and independent brokers - Site Visits - Filtering of deals basis organization strategy - Financial feasibility Negotiation Closure and Due Diligence: - Negotiating terms with the Landowners - Preparing Term Sheets - Negotiation and closure of term sheets - Coordinating the diligence process with internal team and external consultants - Negotiation and closure of definitive documents. Note: The responsibilities listed above are an illustrative list and not an exhaustive list. Additional responsibilities may be added from time to time depending on organizational requirement. Collaboration (Internal and External): - Internal Stakeholder - External Stakeholder - All Functions for taking inputs for financial viability and during diligence activity. - Landowners, IPCs and various consultants for diligence. Educational Qualifications: Postgraduate (MBA) Essential: Tier-1 or Tier-2 institute Desired: Tier-1 institute Experience - Minimum 5-6 years in business development/strategy roles. Essential: Can lead the negotiations Desired: Independently handle each and every aspect of BD Role Holder Requirements: Key attributes of the role: Revenue (Range) Direct / Indirect Range Budget (Range) Recommend / Use / Approve Range Number of people Managed Competencies for the role: (Based on the Competencies framework): Sr No Behavioral Competencies Desired rating Functional Competencies Desired rating 1. Expert in relationship building with external stakeholder Good understanding of various DCR norms 2. Collaborative Financial Modelling 3. Go-Getter Independent Negotiation
Business Development, organization strategy, Financial feasibility, Due Diligence, Evaluation, Collaboration, Financial Modelling, development strategy
Business Development
Experience Not Provided
Mumbai, Maharashtra, India