Bajaj Finance - National Manager - Risk Management - Loan Against Securities
Accounting & Finance
137+ Applicants
Posted: 1 month ago
8-10 years
Pune, Maharashtra
work from office
Posted: 1 month ago
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Applicants: 137+
Job Description
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Job Description
Responsible for monitoring and managing risk for loans related to primary or secondary market; Monitor primary and secondary market fluctuations, evaluate exposure to risk and determine & execute appropriate actions; Also, responsible for collection of interest and completion of various regulatory requirements from reporting perspective.
- Monitoring of portfolio:
- Identify potentially risky clients / clients with portfolio at risk for the day, evaluate exposure against the portfolio of the client to ascertain extent of risk
- For the clients with significant price impact (based on criticality) get in touch with Relationship Managers/ clients to apprise them of the situation
- Determine actions such as online repayment, liquate the shares, etc. based on the portfolio and cover
- Review, maintain oversight and approve all transaction orders for execution
- Inform and take views from risk head / business head on various transaction orders; Evaluate the decisions for clients based on client relationship, related sensitivity/ ticket size and regulatory parameters
- Review of approved collateral list
- Analyze risk parameters, internal and external views on collaterals received as security against various loans
- Recheck categories for various scripts and review approval collateral list from MF and Equity
- Competition mapping against our list to measure inclusions and exclusions
- Share the list with RM, operations team and own team to be followed during the month
- Collection of interest
- Clients for whom interest is due/ pending (owing to technical reasons, bank operational issues, etc.), collect the interest within the monthly cycle
- Share information and updates with the RM and clients, if required, on interest due and pending action
- Post the deadline, take action to collect interest by way of selling the collateral to Due past Debit (DPD) and NPA minimized
- Marginalization
- Identify cases where there is risk shortfall as per RBI norms and ensure that shortfall amount emails are being shared with the client for intimation within 6 days
- High ticket monitoring and regulatory reporting
- Identify and closely monitor high ticket client such as promoter funding as the risk associated is high due to criticality and size of portfolio in order to protect the loan/ exposure
- Oversee and ensure that regulatory norms/ requirements are met for reporting (e.g. for any stock reaching beyond certain % need to be reported to exchange)
- Team development
- Participate in recruitment process to identify the right talent for various positions within the team
- Establish individual performance expectations and regularly review individual performance of the team
- Identify and create development opportunities, conduct trainings for team members to enhance functional knowledge
- System Improvements & Developments
- Work closely with stakeholders to improve overall systems giving a better experience to both internal & external stakeholders
- Continuously monitor existing systems and ensure immediate updates in line with changes in regulatory or business processes
Looking to get Placed? Try our Placement Guarantee Plan
- MBA / CA or equivalent qualification.
- 8+ years of experience in risk management within equity markets / secured lending.
Skills
Business ProcessesCaFinanceIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
Important dates & deadlines?
Application Deadline
06 Jun 26, 01:29 PM IST
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