Credit Administration Manager

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