NABKISAN Finance Ltd is a subsidiary of NABARD with over Rs. 2000 Crore in assets that provides loans for agriculture and rural development. It is seeking a Chief Manager (Credit) based in Mumbai to be responsible for generating corporate loan leads, credit underwriting, and portfolio management. The position requires a post-graduate finance degree, minimum 4 years experience in lending, and strong analytical and leadership skills.
NABKISAN Finance Ltd is a subsidiary of NABARD with over Rs. 2000 Crore in assets that provides loans for agriculture and rural development. It is seeking a Chief Manager (Credit) based in Mumbai to be responsible for generating corporate loan leads, credit underwriting, and portfolio management. The position requires a post-graduate finance degree, minimum 4 years experience in lending, and strong analytical and leadership skills.
NABKISAN Finance Ltd is a subsidiary of NABARD with over Rs. 2000 Crore in assets that provides loans for agriculture and rural development. It is seeking a Chief Manager (Credit) based in Mumbai to be responsible for generating corporate loan leads, credit underwriting, and portfolio management. The position requires a post-graduate finance degree, minimum 4 years experience in lending, and strong analytical and leadership skills.
NABKISAN Finance Limited (NKFL), a subsidiary of NABARD is registered as Non-
Banking Finance Company (NBFC) with a balance sheet size of more than Rs. 2000 Crore. NKFL is involved in providing financial assistance in the form of loans for agriculture and other rural projects to various categories of borrowers including individuals, societies, NBFCs, MFIs, producer companies, corporates, others etc. It is also a leader in lending to Farmer Producer Organisations (FPOs).
NKFL is looking for recruitment for the post of Chief Manager ( Credit) under its Corporate Vertical.
No. of posts - 1 Location: Mumbai
Chief Manager(Credit) will be responsible for overall mobilising, financing and
monitoring of the loan proposals
Key Responsibilities
To undertake full responsibility for generation of leads, due diligence, credit
underwriting and achievement of target for Corporate credit operations of the company. To develop and maintain cordial relationships with all stakeholders. Overall management of the portfolio of accounts with appropriate escalation. Ongoing monitoring of accounts, tracking developments in the industry, identify early warning signals (well before SMA / Rating downgrade / default) and work with business and risk teams in devising appropriate mitigation strategies wherever required. Follow up on regularising delinquent accounts. Ability to make/suggest significant changes in the processes, techniques, methods so as to increase the productivity and efficiency of operations. Ability to lead teams and develop Credit Managers. Additional items of work, if any, assigned by NABKISAN from time to time. Educational Post Graduate or PG Diploma in Qualification: Finance/Economics/Commerce or equivalent qualification.
Experience A minimum of 4 years of relevant experience.
For staff candidates, relaxation in age upto 5 years and
in experience upto 2 years would be provided.
Other Criteria Maximum age limit is 45 years
Proficiency in using tools such as MS Office and other computer related functions for day-to-day functioning Proficiency in reading, writing and speaking English and Hindi Skill set Required Thorough understanding of financial statements, cash flows, business projections. Should have a flair for and understanding of lending business. Knowledge of risk systems and derivative instruments. Excellent analytical and reporting skills. Strong writing, Excel and presentation skills. Leadership skills, team building, etc. Place of Posting The place of posting for the present will be Mumbai. However, depending on administrative requirement of NABKISAN candidate may be placed anywhere in the country in future. Emoluments and service Annual CTC – Rs. 17.98 lakh conditions Gross monthly emoluments - Rs. 1,11,222/-. Basic Pay - Rs. 64000/- per month in the scale of 64000-3200-3400-3600-3800-4000-4200- 4400-90,600. Eligible for DA, HRA, CCA and Other Allowances as per rules in force from time to time. In addition, group insurance policy and other statutory benefits will be provided. Initial appointment will be on probation for a period of 2 years. The employee may be absorbed on regular roll based on satisfactory performance. For staff candidates, earlier experience will be reckoned towards probation period.
Interested candidates may visit https://www.nabkisan.org/career and apply online.
Last date of receipt of applications is 19th May 2023.