Job Description
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1+56 of India, primarily engaged in the business of loans and advances of different kinds. NBFCs perform functions like that of banks. However, there are a few differences in that an NBFC cannot accept demand deposits; an NBFC is not a part of the payment and settlement system and as such, an NBFC cannot issue cheques drawn on itself; and deposit insurance facility of the Deposit Insurance and Credit Guarantee Corporation is not available for NBFC depositors, unlike banks.Typically, NBFCs are less bureaucratic than a bank and are much more dynamic in nature owing to limited regulatory framework. They are fast emerging as an important segment of the Indian financial system and will play a big role in the country's financial ambitions. Aditya Birla Infrastructure Finance (ABIF) is the NBFC arm of Aditya Birla Financial Services Group. The company offers specialized solutions in areas of Infrastructure finance. The product portfolio includes corporate & project loans, bridge loans, structured finance transactions, cash flow gap financing, receivables and investment monetization's, big ticket asset financing along with syndication and other advisory services.The Credit Risk function is engaged in evaluating the creditworthiness of the loan applications for Infra lending divisions considering the quantitative & qualitative factors like ownership, size & market presence of the client business, capital adequacy, collateral quality, earnings quality, liquidity, management quality & client credibility & adherence to statutory requirements.Job Purpose :
• To ensure the portfolio health of the Project and structured finance business by critical risk analysis and settling of risk limits, quick credit evaluation of proposals, monitoring of client & collateral creditworthiness from the pre sanction to post disbursement phase & undertaking steps for risk mitigation, whenever required, while ensuring adherence to legal & documentation norms & policies.
• To regular review of portfolio cases with Risk Head & Compliance and CCRO mainly covering financial performance of assets & compliance of covenants and other terms & conditions in the loan agreement, to have effective process for identifying early warning signals of distress in portfolio assets.
• To build risk awareness about sectoral issues and regulatory policies related to infra business. To ensure compliance with various statutory acts like companies act, income tax act, regulatory guidelines of Reserve Bank of India.
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• To ensure the portfolio health of the Project and structured finance business by critical risk analysis and settling of risk limits, quick credit evaluation of proposals, monitoring of client & collateral creditworthiness from the pre sanction to post disbursement phase & undertaking steps for risk mitigation, whenever required, while ensuring adherence to legal & documentation norms & policies.
• To regular review of portfolio cases with Risk Head & Compliance and CCRO mainly covering financial performance of assets & compliance of covenants and other terms & conditions in the loan agreement, to have effective process for identifying early warning signals of distress in portfolio assets.
• To build risk awareness about sectoral issues and regulatory policies related to infra business. To ensure compliance with various statutory acts like companies act, income tax act, regulatory guidelines of Reserve Bank of India.
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💡 Quick Summary
Seeking a career-building opportunity? The Aditya Birla Capital | Team Member | Risk position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.