Title:  Manager - Operations & Risk (AFCL)

About Us

Tata International Limited is a leading trading and distribution company that has served the industry for over six decades, exemplifying its core values of Pioneering, Integrity, Excellence, Unity and Responsibility. We have our footprints in over 29 countries across the globe operating in diversified verticals from trading and distribution to manufacturing and retail, which offers our employees a dynamic environment rich in opportunities. Guided by the common threads of Tata Code of Conduct, we foster a collaborative and inclusive work environment that encourages personal and professional growth thus laying a strong foundation for creating a world-class organization where employees are respected and motivated to contribute to sustainable development.

Job Purpose

• Oversee and monitor daily activities across functions of credit, collection, finance, audit, IT, regulatory-, and company compliance • Implement and monitor methodologies for measurement of Operational Risk across Credit and Collection Portfolio. • Implement and monitor the Credit and Collection Reporting framework; • Monitoring and reporting on the key operational risks on a monthly basis and suggest improvements • Oversee expenses, cash flow and budgeting to help the organization optimize costs, working capital and benefits; • Review financial information and adjust operational budgets to promote profitability • Recruits, trains and develops staff ensuring adherence to systems and procedures

Key Responsibilities

• Maintain and improve the current credit and collection management and reporting systems on a country level in line with regulatory standard and internal risk requirements. • Evaluate regularly the efficiency of these systems according to organizational objectives and apply improvements • Ensure all internal credit and collection policies and procedures are adhered to meet compliance and governance requirements • Knowledge, understanding and compliance with all applicable regulatory and local laws and regulations that regulate the asset finance industry; Ensure that the company runs with legality and conformity to established regulations • Manage contracts/agreements and relations with customers, vendors, partners and other stakeholders and ensure legal and compliance aspects are met • Implement risk related projects and initiatives owing to synergies; especially on aspects pertaining to credit, risk and collection measurement to lead quality assurance efforts; • Ensure the effective integration of the retail strategy, processes and products with other departments • Implement system projects in the credit, risk and collection risk space (e.g. Loan Management System). • Revise, improve and implement Credit and Collection Policy, Standards and Operating Procedures • Ensure effective implementation, risk and report management on new finance products and campaigns; maintains up to date knowledge of the market place, competitors and trends • Translates the strategic goals into retail operational plans to achieve the required targeted growth in sales and profit; identifies and optimizes promotional opportunities ensuring these are co -ordinated with wider departments • Liaise with Head AFCL to make decisions for operational effectiveness and set strategic goals and timelines for execution

Educational Qualifications

• A degree in business administration in either of Finance, Business, Economics, Mathematics / Statistics • Preferably Honors or a MBA

Desired Profile (Experience)

• 5-10 yrs of experience • Strong understanding of asset financing and policies. • Strong understanding of Risk Management principles. • Familiarity with all business functions including Credit, Collections, Finance, Sales and IT • Possess strong problem solving skills (hypothesis-driven thinking, analytical, quantitative, conceptual skills) • Thorough understanding of the evolving practices for the management of risk and regulatory requirements • Capable of professional discussions with internal and external stakeholders, for the geographies in which AFCL operates. • Managing system transitions smoothly • Able to source data/ perform periodic computations • Exposure to risk modelling is a requirement

Industry Preference

• Financial Institution like Banks • Captive Asset Finance Entities • Leasing Houses • Non-Bank Financial Institutions