Working together with over 10,000 employees, we reach our market by connecting with millions of customers, be it in cities, towns or villages, right at their doorstep. We penetrate deep inside the market through more than 595 branches, covering 600 towns and approximately 58,000 villages.

Fullerton India Credit Company Limited is a wholly owned subsidiary of Fullerton Financial Holdings Pte. Ltd., which in turn is a wholly owned subsidiary of Temasek Holdings Pte. Ltd., Singapore. Fullerton Financial Holdings invests in financial institutions in emerging markets with its prime focus on Business and Consumer banking.

Fullerton India is Hiring Assistant Risk Manager & Cluster Risk Manager Mortgage

 

RoleAssistant Risk Manager

Experience : 4+ Yrs
Job Description :

  • Ensure AP Ref no.if generated as soon as a file is logged in
  • Ensure CPV, neighbor check, Financiary reference check and TVR is done after CIBIL
  • Recommends and forwards to appropriate authority basis limits, deviation, deferral.
  • Does PD for every single customer.
  • Take various market references and build touch points for customer reference.
  • Check and keep tab on industry trends, key factors impacting industry, performance of trade in local market and regulatory impact
  • Review of credit files as per policy
  • Co-ordinate with FCU for setting up specific triggers
  • Ensure approval tracker is given to Business
  • Basis product to do CFA and ABB
  • Relook at cases which have been rejected basis merit
  • Clear the various exception raised
  • Review portfolio every month with respect to OD’s / losses / fraud for the period underwritten with respect to the following
    • Bucketwise OD’s being within the triggers
    • OD’s within the budgeted figure
    • Customers TOD level within acceptable norms
    • Non Starter at minimum level
    • Negligible skip / fraud cases
  • Ensure documentation is in place before sending the file for dispatch, with reviews done periodically on the documentation, besides ensuring dispatch of the physical file.
  • Ensure the completed document is moved into the Operations Queue
  • Reviews credit admin activities to ensure the activities like RMU movement, filing of charge, agreement filling, stock and book debt audit, legal dox review , regular information on deviations, deferrals to central unit etc are completed within stipulated time frame.
  • Gives Early warning inputs regularly through market, industry and customer level feedback in order to avoid surprise delinquencies.
  • Constantly monitor portfolio adherence to triggers to identify underlying issues with plausible solutions.
Apply Now
 

RoleCluster Risk Manager Mortgage

Experience : 5+ Yrs
Job Description :

  • Ensure AP Ref no.if generated as soon as a file is logged in
  • Ensure CPV, neighbor check, Financiary reference check and TVR is done after CIBIL
  • Recommends and forwards to appropriate authority basis limits, deviation, deferral.
  • Does PD for every single customer.
  • Take various market references and build touch points for customer reference.
  • Check and keep tab on industry trends, key factors impacting industry, performance of trade in local market and regulatory impact
  • Review of credit files as per policy
  • Co-ordinate with FCU for setting up specific triggers
  • Ensure approval tracker is given to Business
  • Basis product to do CFA and ABB
  • Relook at cases which have been rejected basis merit
  • Clear the various exception raised
  • Review portfolio every month with respect to OD’s / losses / fraud for the period underwritten with respect to the following
    • Bucketwise OD’s being within the triggers
    • OD’s within the budgeted figure
    • Customers TOD level within acceptable norms
    • Non Starter at minimum level
    • Negligible skip / fraud cases
  • Ensure documentation is in place before sending the file for dispatch, with reviews done periodically on the documentation, besides ensuring dispatch of the physical file.
  • Ensure the completed document is moved into the Operations Queue
  • Reviews credit admin activities to ensure the activities like RMU movement, filing of charge, agreement filling, stock and book debt audit, legal dox review , regular information on deviations, deferrals to central unit etc are completed within stipulated time frame.
  • Gives Early warning inputs regularly through market, industry and customer level feedback in order to avoid surprise delinquencies.
  • Constantly monitor portfolio adherence to triggers to identify underlying issues with plausible solutions.
  • Meet market constituents and do evaluation of market and customers fairly and diligently in line with the credit program.
  • Meets vendors including lawyers and valuers on an ongoing basis to monitor collateral values.
  • Monitor rejection ratio.
  • Monitors login to rejection ratio.
  • Tracks competition regularly and provides feedback on the initiatives on changes in programmes.
  • Does a periodic check on cash audit across the cluster.
  • Through periodic reviews ensures adherence to processes so as to meet the audit requirements.
  • Meets principles, trade association heads and other financiers regularly for market updates.
  • Actively participates in employee engagement activities
  • Upholds the values and principles of the company.
  • Periodically visits Centre Meetings, audits GRT’s to ensure there is no negative impact on Audit Rating.
  • Co-ordinates with business regularly for feedback and closures.
Apply Now