Manager - Credit, Risk & Insurance
- Mumbai, Maharashtra
- Permanent
- Full-time
- Monitoring Credit limits to Channel Partners, Institutions, Govt. Dept. for Vehicles, Spares & Accessories with complying to approved credit policy.
- Cash Conservation by debtors' management, both secured and unsecured.
- Keep control on Collection of credit extended.
- Interest calculation on secured and unsecured overdue.
- Bank Guarantees (BG) monitoring - Adhering Compliance in all aspects.
- Ensure timely renewal / extension of the BG as per M&M Credit policy. BG invocation in case of dealer defaults on payment.
- Recommend Senior Management for the new BG to dealership based on analysis.
- Validate the interest calculations on overdue o/s.
- Drive Insurance Business and ensure high MIBL penetration for New & Renewal insurance business for enhanced dealer profitability.
- Preparing and publishing the Dealer Health Index on monthly basis with stake holders.
- Initiation, discussion & obtaining approval from senior management on Dealer Support Fund scheme on quarterly basis.
- Risk assessment of pan India automotive dealers by analyzing monthly risk rating of all dealers & to take necessary steps for risk mitigation.
- Reviewing credit and risk related policies / process and suggest changes in credit & risk policies / process in line with change in business dynamics.
- Digital integration by automating the manual work /processes and make sure meaningful data is available to stake holders for quick & informed decision making.