Implement risk management processes at the ground level for the construction finance business, gaining a thorough understanding of the project and developer and preparing a credit memo to assess the project viability and proposal structure as per ABHFL risk parameters and customer requirements. Key activities are analysis of project viability, assessment of market information and developer financials.
KRA (Accountabilities) (Max 1325 Characters)
Supporting Actions (Max 1325 Characters)
KRA1
To Assess and conduct detailed credit analysis & evaluation of lending proposals for approval / decision at the local level or further recommendation for approval/ decision to Risk team for further approval at CC level
Meet with developers and builders to understand the viability of their projects, in terms of project scale, progress and financials
Provide inputs towards the structuring of the deal, ensuring compliance with internal risk and external regulatory requirements
Carry out an analysis of the balance sheet and recent financial results of developers and their organizations
Carry out background research on the project, the developer and the regional market, highlighting any negative reports so as to ensure the quality of ABHFLs lending portfolio
To interact with the Legal and Technical agencies to ensure that property risk have been understood and mitigated.
Monitor statutory real estate guidelines and assess any relevant information from these sources
Manage direct relationships with developer finance and accounts teams to get timely and correct information
Prepare a credit memo and forward it to the Risk team /credit committee, following up on action so as to ensure minimal turn-around-time of the approval process
To ensure document execution from RMs & the handover of complete documentation to MOG for disbursement of loans. Ensuring proper mortgage is created in favor of ABFL. Ensuring the underlying security mortgaged is marketable and having a clear title.
KRA2
Emphasize strict compliance and adherence to internal risk management and external regulatory norms
Ensure a thorough understanding and acceptance of the ABFL credit risk strategies, and ensure that appropriate credit risk parameters are incorporated in proposals
To work with the Central Risk teams to identify risk areas and build processes to mitigate risk, including performance metrics and documented procedures
Monitor customer accounts on a periodic basis to ensure the maintenance of acceptable asset quality levels
Track delinquent and potentially problematic accounts closely, taking action to minimize the level of NPAs within the region
KRA3
Vendor Management
Identifying and recommendation for Appointment of vendors at local levels including valuation, legal, Field Investigation Agencies, Fraud Containment Agencies.
Managing TAT with various vendors - a) Field investigation, b) Lawyers, c) Technical Valuers, d) RCU agency to ensure Customer Delight
Regular Training and reviewing the performance of the vendors with regular interaction and keeping eye on the other financial institution association.
KRA4
Process Management
Ensuring that end to end processes are followed as per the SOPs as defined for CF at the local assessment level
Continuous improvement in credit approval process to meet the dynamic business needs and instituting mechanisms for adherence of risk associated with the product s, safety of financed amount and customer satisfaction.
Proper capturing of data in the requisite system to ensure proper MIS generation for business decisions
Training implementation for Local Credit Process team, Sales team on product, processes, legal and technical aspects.
Handling customer escalations and complaints during and post disbursements - replies to mailers, correspondences with co-ordination with the legal team
