Manager - Credit, Risk & Insurance

Responsibilities & Key Deliverables

• Monitoring Credit limits to Channel Partners, Institutions, Govt. Dept. for Vehicles, Spares & Accessories with complying to approved credit policy.
• Cash Conservation by debtors’ management, both secured and unsecured.
• Keep control on Collection of credit extended.
• Interest calculation on secured and unsecured overdue.
• Bank Guarantees (BG) monitoring – Adhering Compliance in all aspects.
• Ensure timely renewal / extension of the BG as per M&M Credit policy. BG invocation in case of dealer defaults on payment.
• Recommend Senior Management for the new BG to dealership based on analysis.
• Validate the interest calculations on overdue o/s.
• Drive Insurance Business and ensure high MIBL penetration for New & Renewal insurance business for enhanced dealer profitability.
• Preparing and publishing the Dealer Health Index on monthly basis with stake holders. 
• Initiation, discussion & obtaining approval from senior management on Dealer Support Fund scheme on quarterly basis.
• Risk assessment of pan India automotive dealers by analyzing monthly risk rating of all dealers & to take necessary steps for risk mitigation.
• Reviewing credit and risk related policies / process and suggest changes in credit & risk policies / process in line with change in business dynamics.
• Digital integration by automating the manual work /processes and make sure meaningful data is available to stake holders for quick & informed decision making.

Preferred Industries

Education Qualification

MBA; Chartered Accountant

General Experience

8-10 years of relevant experience. 

Knowledge of banking industries and automotive industries.

Skills Required

Knowledge of RBI circulars, IBA & other guidelines governing the operation of Bank Guarantees and overall trade finance transactions.

good analytical skills & communication skills