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Credit Manager

Aditya Birla Group
Location: Anywhere in India, Experience: 2 years - 4 years
Posted On: 18-Apr-2024 | Last Date to Apply: 30-Jun-2024 | No: of Vacancies : 1

Company Profile:

A global conglomerate, the Aditya Birla Group is in the League of Fortune 500. Anchored by an extraordinary force of over 140,000 employees belonging to 100 nationalities, the Group is built on a strong foundation of stakeholder value creation. With over seven decades of responsible business practices, our businesses have grown into global powerhouses in a wide range of sectors – metals, pulp and fibre, chemicals, textiles, carbon black, telecom, cement, financial services, fashion retail and renewable energy. Today, over 50% of Group revenues flow from overseas operations that span 36 countries in North and South America, Africa, Asia and Europe. Aditya Birla Group’s flagship manufacturing conglomerate, Grasim has announced its foray into B2B e-commerce last year to capitalize on the large and growing opportunity in the construction procurement industry (INR 7 lakh crore procurement market in India, with only 1% digital penetration). The company has committed to investing $250 Million (INR 2000 crores) over the course of 5 years for buidling the business. The platform will enable contractors and retailers (SMEs) get access to a variety of quality construction material, access to credit, reliable delivery and tracking. For the suppliers (OEMs and distributors) the platform will enable a pan-India digital channel which would help them build a wider network and opportunities to expand their sales. This is a unique venture which operates like a startup with all the benefits of being a part of a large conglomerate and draws from the equity of the Aditya Birla brand. The platform has already witnessed rapid growth in the first few months of launch, and is building towards the next phase of growth. The transformative nature of venture means that business disruption is going to be created at scale and technology needs to be the engine to drive the same. Please join our team to be a part of this exciting journey, make a business impact and accelerate your learning and growth.

Job description:

The purpose of this job is:

o To review Secured products credit proposals and carry out all forms of required due diligence within stipulated turnaround times

o To co-ordinate with business team for resolution of credit risk concerns

o To recommend Secured products proposals to Regional Credit Manager, Zonal Credit Manager, National Risk Manager, Credit Committee for decision/ approvals on the case

o Regularly Review & Monitor the PDD movement and Vendor Management and closure of Audit queries


Organizational Context
Key Aspects:

o As the lending arm of Aditya Birla Capital (ABC), Aditya Birla Finance Limited (ABFL) offers specialized lending and financing solutions in the areas of Capital Markets, Corporate/ Trade Finance, Commercial Real Estate and Mortgages. Currently ranked within the top 5 NBFCs of India, ABFL has made significant progress and the Company’s balance sheet at INR 106,000 Cr plus exceeds that of several mid-sized Banks and NBFCs

o Having focused traditionally on big ticket secured lending verticals and built a strong balance sheet on the same, ABFL has now also ventured into Secured Lending Business segment in order to effectively capitalize on its financial base with carefully managed exposures in this higher yield segment.

o Secured Products Loan segment products line caters to funding medium to long term working capital needs of small businesses and individuals, via a suite of customized medium and long tenured products which are primarily backed by collaterals/security.

o Risk function is engaged in evaluating the creditworthiness of business entity/individual applicants by considering quantitative & qualitative factors like the client credibility, size of the client business, earnings of an individual, capital adequacy, liquidity and management quality

Job Context
Key Aspects:

o To analyze Secured products proposals with the required due diligence and ensure that all information required to take a credit decision are captured in the proposal.

o To ensure that all Secured products proposals are compliant with all the norms of credit policy, RBI regulations and other statutory regulations.

o To maintain stipulated TAT in credit appraisal process and co-ordinate with sales team for faster decisions to improvise TATs of the overall sanction process.

o To ensure that the property risk & customer risks are managed.

o Review and monitor quality of portfolio, PDD movements and Vendor management

o Review the Audit queries and ensure such queries gets resolved and do get repeated in future

Key Challenges

o To ensure availability of data and information for exhaustive credit appraisals as each of the proposals has their respective structuring complexities as per the customer, product & regulatory requirements.

o To build strong rapport with sales teams in order to elicit relevant and important information on customer profiles in order to mitigate risks

o To ensure faster TATs for approval of credit proposals in a highly competitive & dynamic market.

o To keep abreast with market/ regulatory/ product related insights and trends in order to enhance customer interactions and minimize credit or operational risks

o To ensure that credit and customer risk are mitigated while pending documentation is monitored and regularized

Enabling Skill Sets & Qualifications

o Critical skill required for this role are a strong analytical acumen, evaluation skills, detail orientation & decision making skills.

o The education & experience required to meet this profile are a Chartered Accountant or an MBA with minimum 2-4yrs of experience in credit and risk functions of Banks/NBFCs

Key Qualifications





Credit Operations,


Banking/Financial Services/Broking

Gender Preference:


Job Type:

Full Time

Diversity Tags:

Not Applicable