Manager - CAD - SME Finance - Credit - Indore - M.G Road (TCFSL) - JM

Job Purpose

The objective of the Manager - Credit Administration is to oversee and manage all aspects of credit administration processes, ensuring accuracy, compliance, and efficiency. This role involves issuing sanctioned letters, verifying pre-disbursal documents, coordinating with operations, managing security perfection, monitoring post-disbursal documents, generating MIS reports, and driving process mapping and improvement initiatives to support the business.

Main Accountabilities

1.Issuance of Sanctioned Letters

• Prepare and issue sanctioned letters to clients, outlining the terms and conditions of credit facilities.

2.Pre-Disbursal Document Verification

• Verify and validate pre-disbursal documents and documentation for accuracy and completeness.
• Coordinate with the operations department for data input and file maintenance.

3.Security Perfection and Charge Creation

• Ensure the proper perfection of security and the creation of appropriate charges for assets securing the credit facility.
• File necessary documentation with the Registrar of Companies (ROC) as required.

4.Document Maintenance and Updation

• Maintain an organized record of all credit-related documents and ensure they are kept up-to-date.
• Monitor and manage document expiration and renewals.

5.Post-Disbursal Document Follow-up

• Supervise the follow-up process for post-disbursal documents (PDD) from clients.
• Maintain records of PDDs and ensure their completeness.

6.Deferral MIS

• Prepare Management Information System (MIS) reports related to deferral cases.
• Track and report on deferral conditions in line with sanction terms.

7.Security Creation and Follow-up

• Oversee the process of creating security instruments and follow up to ensure timely completion.
• Maintain records of security creation and compliance.

8.MIS on Revenue Leakages

• Generate MIS reports to identify revenue leakages as per sanction conditions.
• Implement corrective actions to minimize revenue losses.

9.Process Mapping and Improvement

• Map credit administration processes, identify areas for improvement, and develop process enhancement initiatives.
• Collaborate with teams to implement process improvements to enhance efficiency and compliance.

Qualifications - Minimum Degree: MBA in Finance/ CA