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Designation: Team Lead – Counterparty Credit
About the role:
You will be responsible for conducting comprehensive credit analysis of loan applications for Supply Chain Finance products, Vendor and dealer finance across products sales bill discounting, purchase bill discounting, factoring, PO Finance, evaluating the creditworthiness of borrowers, and assessing potential risks involved.
Identify and analyse potential credit risks within loan applications, evaluating collateral, financial statements, credit history, and other relevant factors.
Responsibilities
- Track overall credit pipeline for vendor and dealer finance.
- Allocate and manage working for CPAs, and credit managers.
- Review the working of CPAs and credit managers so that dealer and vendor finance cases are approved or are timely submitted for approvals.
- Engage with the Business team to on the case logins, documentation, approvals.
- Proactively review the issues in the credit vertical in terms of process, policy, product and engage with stakeholders Business, Credit, Ops to solve the issues.
- Proposing changes for the credit policy, processes, and loan origination systems to improve overall underwriting and monitoring process.
- Understanding of business models for manufacturers, services and trading entities in micro, small, medium, and large enterprises across industry segment.
- Understanding of supply chain finance products sales bill discounting, purchase bill discounting, factoring.
- Perform due diligence and visit the customers.
- Perform field visits, promoter discussion, anchor discussion for credit underwriting wherever required.
- Monitoring of the active customers periodically through PD, visits, visiting delinquent customers to understand the causes and provide appropriate inputs for the policy improvements.
- Proposing changes for the credit policy, processes, and loan origination systems to improve overall underwriting and monitoring process.
- Support operations to issue sanction letter, reviewing pre disbursal credit conditions.
- Decision Making
Approval of the proposals
Reviewing and rating credit managers and CPAs
Structuring the Supply Chain finance products with the customers
Reviewing and providing necessary approvals
Desired skill set
- MBA / CA with 7 - 10 years' experience in supply chain finance / wholesale or dealer funding from NBFC (preferred) / Banks.
- Experience in assessing credit worthiness of borrower based on various qualitative and quantitative factors.
- Periodic review of portfolio in accordance with current Industry scenario and recent RBI Circular, making amendments to Policy accordingly.
- Experience working with data analytics team to develop insights into credit risk trends, identify emerging risks, and optimize credit risk management strategies.
- Highly driven and motivated individual with ability to get hands-on where required.
- Ability to communicate, present and influence all levels of the organization, including executive and C-levels.
- Ability to motivate and develop a strong team.
- Problem solving approach.
- Strong business acumen.
Work Environment details
- Founder-led entrepreneurial set-up which is defined by speed, agility and creativity
- Highly empowered and critical role, which makes a difference to Vivriti Capital
- Young, energetic, and highly talented teams
- Hard work is the defining aspect of the organization
Job Location: Mumbai / Delhi
Mode of Work: Work from office
Who We Are?
Vivriti is a young, dynamic, and spirited institution that boasts of a large appetite for success through its vision of creating the largest and most valuable platform for enterprise finance. The word ‘Vivriti’ means progress or development and speaks volumes about our passion to continuously strive for results that add value to our ecosystem. At Vivriti, we are mission driven, challenging the status quo each day, reinventing the Indian debt market space and creating an industry in itself.
Over the last four years, the group that consists of two companies – Vivriti Capital, a unique enterprise fintech NBFC, and Vivriti Asset Management, India’s fastest growing digital alternate debt fund manager, has built significantly on its vision. Vivriti presently manages assets in excess of US $ 1.2 billion, has offices in Chennai, Mumbai, and Bangalore, and consists of a high-powered team of 350+.
Why Join Us?
The force driving the business prowess of Vivriti is, the powerful Talent Engine. We are a high energy and supremely passionate bunch of individuals. This is a diverse group of people, who would be best in what they do, are diverse and inclusive, are collaborative and extremely hardworking. Indeed, a very inspiring peer group. This is a team with a shared goal of reshaping the Indian Fixed Income market and change lives of millions of people through our work.
We have a keen eye for great Talent, have an appreciation for potential, and an environment which facilitates hyper-performance. Vivriti is known to present with the platform to excel for those who have a desire to reach great heights in their career. We nurture our Talent with great care, encourage ambition, we are compassionate in your failures and cheer your successes. We’re proud of our collaborative culture; everyone is ready to lend a helping hand, whether it’s your first day on the job or your thousandth.
Our Rewards mechanisms are aggressive. High Performance fetches non-linear Rewards. In addition to the fixed component and variable pay, we ensure long term wealth creation for our critical employees through employee stock options. Vivriti is the first tech focused NBFC and asset manager that has provided ESOP liquidity in the last 15 years.
We invest in our employees through developmental programs, Professional Development Allowances and Education Grants.
Our Benefits are better than the best. To list a few below –
- Medical Care, Life and Personal Accident Insurance, Critical illness cover.
- Interest free loans of up to INR 10 Lacs, with no questions asked.
- Promoting health and wellness at the office with a well-equipped sports and recreation room, regular fitness challenges and organizing leagues of sports events.
- Caring for your health nutritious food, fruits served round the clock, variety of beverages, etc.
Ensuring maximum fun environment through Vivriti Premier League – a 10-month long series of sporting contests, recreation activities on the floor, cultural celebrations, etc.
Life at Vivriti:
Technology Team at Vivriti:
Founder’s Talk: