Vacancy For CA/CMA/CFA/MBA(F) As Zonal Credit Manager With Volvo Group At Bangalore

Zonal Credit Manager

India

Position Description

Job Description:

• Responsible for credit assessment and monitoring of Loans, in compliance with internal credit policies and continuous evaluation to ensure its adherence.
• Zonal credit manager is also responsible to lead a team of State Credit Managers across multiple locations.
• Creating an environment that sustains and encourages high performance & motivating his / her team in optimizing their productivity, processing time and overall contribution to the business.
• Conduct regular and detailed reviews to ensure that underwriting strategies and objectives are percolated down and implemented to the front line teams.
• Understand competitive landscape, market dynamics and drive growth of the business in the region, through active support to Risk & Business

KEY RESPONSIBILITIES
 
Credit
 

• Collaborate with the business team to achieve projected business targets. Lead a team of credit approvers to ensure building quality portfolio and manage delinquencies.
• Manage end-to-end credit approval process within given Turnaround time (TAT) for the zone.
• Develop, review and institutionalize credit appraisal process and policies
• Engage in development, implementation, review and monitoring of various credit programs and providing training and coaching to continuously upgrade, the competency of the team members across levels.
• Work closely with recoveries and analytics team to generate business insights.
• Monitors and control the performance of loan portfolio especially key account loans.

• Manage credit appraisal and allied costs within allocated budget for Zone.
  Submits monthly credit statistics and reports to National Head - Credit.
• Maintain a proper, auditable document trail in the VFS IT System (Credit Module) for all credit decisions, starting from the application stage to approval or rejection stage, with a proper rationale and approval record for all decisions, including for exceptions, if any.
• Adhere to a credit risk culture of an exceptional quality, in terms of established credit guidelines
• Provide inputs for developing sound, acceptable credit policies, processes and procedures
• Proactively endeavour to obtain additional credit information to support credit decisions at one go and avoid repeated to and fro with customers
• Proactively communicate and provide MIS to Head Risk of VFS India.
• Monitor and report all violations of credit policies to Head Risk of VFS India.
• Implement and fully utilize the VFS management processes and tools

Leadership

• This role is expected to measure the zone and department performance with appropriate metrics
• Be a strategic advisor to the respective stakeholders in structuring the deal
• Responsible for making sure that the credit risk policy is balanced and encourages sales and growth.
• Responsible for considering a customer from both a sales perspective and a risk perspective and finding a way to harmonise both views. By approaching credit management with an integrated view of the customer, the company’s sales, marketing, risk and finance targets.
   

 
Education & Professional Experience
 

• Chartered Accountant / M.B.A. (Finance) / ICWA / CFA / equivalent post graduate degree from a reputed Business School / University / Institute
• 5-7 years’ of credit underwriting experience in an NBFC or retail bank is a must, of which minimum 3-4 years must be in the credit underwriting of Commercial Vehicles & Construction Equipment loans in India.
• Sound knowledge of local market, industry trends in CV and CE industries and customer base.
• Be a self-starter with a demonstrated track-record.
• Willingness to work and adapt to a fast growing & changing environment.
• Ability to work independently, learn quickly and be proactive.
• Ability to perform and work well under pressure; good analytical & troubleshooting skills.
• Must possess strong English communication skills – verbal and written. Knowledge of Hindi and at least one local language is required.
• Proficiency in MS Office – Word, Excel and PowerPoint is an essential pre-requisite for this job.

Competencies & Skills

• Be presentable and be an ambassador of VFS and Volvo at all times
• Solid domain knowledge of credit underwriting
• Strong analytical and interpretive skills
• Strong interpersonal skills, customer focus and strong ability to communicate
• Ability to work in a process driven organization
   

 

About us

 

The Volvo Group drives prosperity through transport solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. Countless career opportunities are offered across the group’s leading brands - Volvo, Volvo Penta, UD Trucks, Terex Trucks, SDLG, Renault Trucks, Prevost, Nova Bus, Mack, Eicher, Dongfeng Trucks and Arquus.

 

Volvo Financial Services is the global financial solutions provider of the Volvo Group, supporting the Volvo Group brands with expert financial services. This includes providing customers and dealers with a full-range of offerings, such as financing, leasing, and insurance solutions. Our team of about 1,400 professionals are located in 45 countries worldwide. As a part of the Volvo Financial Services team, you will experience challenging assignments, gain international exposure, and interact with colleagues around the world in the Volvo Group.

 

Auto req ID

107195BR

Entity

Volvo Financial Services

State / Province

Karnataka

City/Town

Bangalore

Employment/Assignment Type

Regular

Travel Required (maximum)

Frequent Travel

Functional Area

Commercial Finance

Last application date

06-Nov-2020

Date Posted:27-Oct-2020
Posted By: Shubham Vats
Views 497

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