Associate Manager - Underwriting
Posted Updated
Description
<p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;"> </span></span><span style="font-weight: bolder; font-family: Roboto;"><u><span style="font-family: Arial, sans-serif; color: black;">About udaan:</span></u></span></p><p dir="ltr" style="line-height:1.38;text-align: justify;background-color:#ffffff;margin-top:0pt;margin-bottom:0pt;"><font color="#000000" face="Arial"><span style="font-size: 14px; white-space: pre-wrap;">udaan is a B2B ecommerce platform that brings traders, wholesalers, distributors, retailers, and manufacturers in India on to a single platform. Our goal is to make ‘doing business’ easy in India & make B2B commerce convenient and efficient.</span></font></p><p dir="ltr" style="line-height:1.38;text-align: justify;background-color:#ffffff;margin-top:0pt;margin-bottom:0pt;"><font color="#000000" face="Arial"><span style="font-size: 14px; white-space: pre-wrap;">udaan Capital is the NBFC arm of Udaan & offers credit services to buyers and sellers on and off udaan’s B2B ecommerce platform to grow their business further. This space is largely untapped with less than 10% of MSMEs having access to working capital loans from financial institutions. In this way, udaan is uniquely positioned to formalize & scale trade credit.</span></font><br></p><br><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">Role description:</span></span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">Function: Credit</span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">Sub Function: Seller Side</span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">Location: Bangalore</span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">Reports to: Head Underwriting</span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">Travel Frequency: Minimal</span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;"><br></span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">Job Responsibilities</span></span></p><p class="MsoListParagraphCxSpFirst" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Deciding trade credit for buyers (lending amount & period)</span></p><p class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Responsible completion of timely credit appraisals</span></p><p class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Adhering to strict TAT for underwriting files</span></p><p class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Maintaining quality of underwriting as per SOP</span></p><p class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Recommending deviation cases to the higher level or approving authority as per delegation matrix</span></p><p class="MsoListParagraphCxSpLast" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Vendor Management</span></p><p class="MsoListParagraphCxSpLast" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;"><br></span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">KRAs of the role</span></span></p><p class="MsoListParagraphCxSpFirst" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">Delinquency Management </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">– Maintain </span><span style="font-family: Arial, sans-serif; color: black;">lower NPAs</span></p><p class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">TAT Management </span></span><span style="font-family: Arial, sans-serif; color: black;">– </span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Strict TAT to be maintained for underwriting files</span></p><p class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">Managing Quality of Processing </span></span><span style="font-family: Arial, sans-serif; color: black;">– </span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">to maintain quality of underwriting adhering to SOP</span></p><p class="MsoListParagraphCxSpLast" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">Vendor Management </span></span><span style="font-family: Arial, sans-serif; color: black;">– </span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">coordinate with vendors for getting various verification done for customer</span></p><p class="MsoListParagraphCxSpLast" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;"><br></span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">Functional Competencies</span></span></p><ul><li style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">Problem Solving</span></span><span style="font-family: Arial, sans-serif; color: black;">: </span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Resolution of overdue accounts by coordinating with a sales team. Coordination with Operations team for due/ overdue PDD process</span></li><li style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span style="font-weight: bolder;"><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Stakeholder Management</span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">: Meet Customers to understand them better for better credit appraisal</span></li><li style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;"><span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span style="font-weight: bolder;"><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Cross-functional integration</span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">: Coordinate with sales and operations team for efficient functioning of the entire process</span></li></ul><p class="MsoListParagraphCxSpLast" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;"><br></span></p><p class="MsoNormal" style="margin-bottom: 7.5pt; line-height: normal;"><span style="font-weight: bolder;"><span style="font-family: Arial, sans-serif; color: black;">Candidate Profile</span></span></p><p class="MsoListParagraphCxSpFirst" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Qualification: CA/MBA Finance/B. Com</span></p><p class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Must have a minimum 1 - 3 years of work experience in SME underwriting for products like Invoice Finance, Business Loans; prior experience in Fintech/NBFCs preferred</span></p><p class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Thorough understanding of SME Financing and Credit processes</span></p><p class="MsoListParagraphCxSpMiddle" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Good at market intelligence, should be able to provide inputs & feedback for policy and process improvement</span></p><p class="MsoListParagraphCxSpLast" style="margin: 0cm 0cm 7.5pt 18pt; text-indent: -18pt; line-height: normal;"><span style="font-family: Arial, sans-serif; color: black;">•<span style="font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 7pt; line-height: normal; font-family: 'Times New Roman';"> </span></span><span lang="EN-GB" style="font-family: Arial, sans-serif; color: black;">Eye for detail/Diligent Personality</span></p>