Pre-Disbursal Activities:

1. Document Verification and Credit Assessment:

• Review and verify all required documents for credit assessment to ensure completeness and accuracy before submission.
• Once all necessary documents are received, forward them to the Credit Head for further evaluation.

2. Credit Opinion Report:

• Secure a Credit Opinion Report or reference from other lending institutions or financial partners, where applicable, to evaluate the applicant’s creditworthiness.

Post-Disbursal Activities:

1.  Portfolio Monitoring and Risk Assessment:

• Continuously monitor and assess the performance of credit portfolios by analyzing key metrics such as credit quality, delinquency rates, defaults, and exposure to different sectors.
• Regularly review and evaluate any emerging risks in the portfolio and take necessary actions to mitigate them.

2. Risk Reporting and Recommendations:

• Provide detailed and regular reports on portfolio performance, identifying areas of concern and making recommendations for mitigating risk exposure.
• Ensure that credit limits, exposure limits, and other parameters are clearly defined and adhered to across all business units.

3. Trend Identification and Policy Adjustment:

• Track emerging trends in credit risk, including market changes, regulatory developments, and financial sector performance.
• Based on findings, recommend adjustments to existing credit risk policies, procedures, and strategies to ensure alignment with the evolving risk landscape.

4. Risk Committee Reports:

• Prepare and present detailed risk reports to the Risk Committee on a quarterly basis, highlighting key risks, their potential impact, and proposed mitigations.
• Provide insights into compliance status and any emerging regulatory or operational challenges.

5. Creditworthiness Analysis:

• Analyze complex financial statements, credit reports, and other relevant documents to assess the creditworthiness of potential clients, loan applicants, or partners.
• Use data-driven insights to make recommendations on whether to approve or decline credit applications, considering the risk exposure and financial stability of applicants.

6. Credit Decisions and Risk Mitigation Strategies:

• Assist business units in making informed credit decisions by providing insights into credit risk factors and potential mitigation strategies.
• Collaborate with underwriting, lending, collections, and sales teams to ensure that credit decisions align with overall risk management strategies.

7. End Use for New Exposure:

• Ensure appropriate end-use checks for any new credit exposure, ensuring that funds are being used as intended and within the agreed-upon terms.

8. Monitoring and Data Reporting:

• Conduct monthly management-certified reports on book debts, ensuring accuracy and timely submission.
• Prepare quarterly CA-certified reports on book debts, ensuring that all necessary financial data is accounted for and certified as accurate by the Chartered Accountant (CA).
• Monitor and review relevant data on a quarterly basis to ensure that credit policies are being followed and that the portfolio remains within risk limits.

9. Covenant Compliance Monitoring:

• Ensure compliance with covenants specified in loan agreements, reviewing and issuing Covenant Certificates on a quarterly basis to confirm adherence to financial covenants and other agreed-upon terms.

10. Risk Committee Meetings:

• Participate in quarterly Risk Committee meetings, presenting portfolio performance, emerging risks, and proposed action plans.
• Provide ongoing updates to the committee on key risk factors and adjustments to credit risk management strategies.