PAR & Hindsighting Manager

Aditya Birla Group -
Maharashtra

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Job details

Qualifications

Data entry

Full job description

Designation: NA

Location: India Maharashtra R-Tech Park Goregaon

Organization: Financial Services

Job Description:

Basic Details: Fill the required information about business, unit, location, position, reports to position and date of updation of JD

Business

Financial Services

Unit

Aditya Birla Capital Ltd

Location

Mumbai

Poornata Position Number of the job

Reports to: Poornata Position Number

Poornata Position Title of the job

PAR & Hindsighting Analyst / Manager

Reports to: Poornata Position Title

Lead-PAR & Hindsighting

Function

Risk

Reports to: Function

Risk

Department

ERR

Reports to: Department

Chief Risk Officer

Date of writing/ Updation of JD

1) Job Purpose: Write the purpose for which the job exists (in 2-3 lines)

To conduct periodical inspection of disbursed files to ensure process and policy norms are followed, highlighting areas of improvements at regular intervals.
Support the internal customers (credit and operations) team by providing feedback on qualitative processing and supporting improvements
Review customer data entry - demographic details (including income-related & other additional information), efficiency in LMS, and ensure maximum files are processed and sanctioned with a minimal error rate
Consistently and continuously understand policy level changes in files processing and implement the same in the file inspection process
To suggest and implement process corrections in the system

2) Dimensions: Mention quantitative or qualitative parameters that are relevant for the job and provide a better understanding of the scope and scale of the job.

Business Workforce Number

Unit Workforce Number

Function Workforce Number

Department Workforce Number

Other Quantitative and Important Parameters for the job: Budgets/ Volumes/No. of Products/Geography/ Markets/ Customers or any other parameter

3) Job Context & Major Challenges: Write the specific aspects of the job that provide a challenge (internal and external) to the jobholder in the context of the Business/Unit/Function/Department/Section

Organizational Context

Aditya Birla Capital Limited ("ABCL"), is among the leading well-diversified non-banking financial services company in India. ABCL offers customized solutions in areas of personal finance, mortgage finance, SME finance, corporate finance, wealth management, debt capital markets and loan syndication. ABCL is registered with RBI as a systemically important non-deposit accepting non-banking finance company (“NBFC”) and is amongst the top five largest private diversified NBFCs in India based on AUM

Job Context

4) Key Result Areas: Write the key results expected from the job and the supporting actions for each of these key result areas (For a majority of jobs typically there could be 4- 7 key result areas)

Key Result Areas

Supporting Actions

To conduct periodical inspection of disbursed cases

To conduct regular audit of disbursed credit cases
To check all credit parameters pertaining to eligibility calculation, banking & credit parameters and implementation of policy are met
Review customer data entry - demographic details (including income-related & other additional information), efficiency in LMS, and ensure maximum files are processed and sanctioned with a minimal error rate
To ascertain any gaps in policy and processes
Highlight critical findings and fraudulent activities
Support the internal customers (credit and operations) team by providing feedback on qualitative processing and supporting improvements
Implement effective controls and improvements in the process design, system and operation wherever required
Impart training and learnings for effective control and adherence to program norms

Maintaining multiple Dashboards & MIS

Preparation and presentation of various dashboards and key risk indicator
Formulation of monthly reports of audit of various products, segmentation between critical and non-critical observation
Providing data on monthly basis for reviews and to the top management

To conduct trainings & learning sessions

Provide training to credit team regarding findings in audit
Classroom sessions to be conducted PAN India
Regular governance calls and updates on the development needs to be imparted
Regular interaction with NCMs and providing feedback for the product

Monitoring of entire process

Selection of monthly sample for the audit cases
Weekly monitoring of the audited cases and assessment of overall target
Discussion regarding the errors with the credit team and timely closure of same
Publication of hindsighting reports on monthly basis within defined timelines.

Automation of processes

Automation of the existing process via dashboards, any other tools
Highlight system glitches and suggest changes
Streamline of MIS reports
Assessment of credit in an auto mode

5) Job Purpose of Direct Reports: Describe the job purpose of the direct report/s to the job (in 2-3 lines for each report)

6) Relationships: Describe the nature and purpose of most important contacts or relationship (except superior/team members) with individuals, departments, organizations inside and outside of the organization, that job is required to interact with in order to deliver the job objectives

Relationship Type

Frequency

Nature

Internal

CRO

Risk Heads

Business Team

Technology Team

Ongoing

Reporting and consultative

Collaborative and engaging

Collaborative and engaging

Consultative, support and internal client

External

Vendor

Need Based

Vendor Empanelment & Bill Processing.

7) Organizational Relationships: Provide the structure for a level above and below the position for which this job description is written. Use position titles in the structured and indicate all the reports of the position.

SIGN-OFF: Provide the name of the Manager and the jobholder. Signature needed for the hard copy of the JD. Hard copy to be maintained in the organizational record.

Job Holder

Reports to – Manager

Name

Date of Entry / Approval

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