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