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[QUOTE=muthukalee;236948][B]Name of the Company [/B]: Cholamandalam Investment & Finance Company Limited (CIFCL)
[B]Location[/B] : Coimbatore, Bangalore
[B]Designation[/B] :  Internal Audit, Credit Manager

[URL]http://www.cholamandalam.com/current-openings.aspx[/URL]

[B]Position Title [/B]: Manager / Senior Manager
[B]Business / Department [/B]: Internal audit
[B]Job Purpose [/B]:
The incumbent is responsible for reviewing and assessing processes , controls and practices, as well as related procedures according to the yearly audit plans approved by the Audit Committee. The purpose of these assessments is to provide the Company’s management, the Audit Committee and the Board an independent, objective assurance and consulting activity designed to add value and improve Chola’s operations.
[B]Location [/B]:    Bangalore
[B]Key Accountabilities [/B]:
Responsible for analyzing data for internal audit, gathering data for internal audit; communicating results of internal audit to stakeholders; establishing quarterly audit plan and audit programs; and following-up on audits and organizations for implementation of recommendations.
[B]Job Duties & Responsibilities [/B]:
    Conducting internal audit at various locations across India.
    Identifying control gaps & discusses audit findings with the branches/businesses and makes effective compliance Plan.
    Conduct audit testing of specified area and identify reportable issues and dimension of risk.
    Determine compliance with policies and procedures.
    Draft comprehensive and complete report of audit area.
[B]Experience [/B]:     Around 4 yrs into internal audit of NBFC/banks
[B]Education / Preferred Qualifications [/B]:     CA/ICWA
[B]Technical Competencies [/B]:
    Having qualification of CISA/DISA is preferable.
    Knowledge of using Audit tools like Idea.

[B]Position Title [/B]: Branch Credit Manager – Home Equity
[B]Business / Department [/B]: Home Equity
[B]Job Purpose [/B]:Will be responsible for the performance of the Credit Department at the Branch level. Has to ensure thorough check of documents to reduce NPAs of the branch
[B]Location [/B]:    Coimbatore

[B]Key Accountabilities [/B]:
    Ensure Minimisation of Bad Credit Loans and undertake through Field Investigation.
    Deliver consistent performance by guiding the credit department
    Ensure strict adherence to credit norms

[B]Job Duties & Responsibilities [/B]:
    Implement product credit policy in the market and approve / reject cases as per standard guidelines
        Enforce that the Credit department does thorough FCI and identify Bad credit before it is finalized in order to avoid losses in future.
        Set credit limits and personally investigate certain complicated cases.
        Set appropriate multiple risk ratings before fixing the credit.
        Modify the rating systems keeping in mind the various market trends.

Continuously monitor the existing credit policies
        Continuously review the existing credit policies and identify the loopholes in the existing strategies.
        Act as a mediator between the Regional Credit manager and the various departments and inform the changes suggested by the other departments
        Provide suggestions for revising credit policy norms gained from day to day working to ensure smoother flow of working.
        Analyse the data received from various departments to fine tune the credit procedures
    Ensure TAT are met as per norms

[B]Experience [/B]:
    Minimum of 6 years’ experience in a bank or a financial institution, currently dealing with asset products as a credit manager
    Basic understanding of the product
    Basic understanding of credit recovery procedures, problems and techniques
    Ability to find solutions to problems despite constraints

[B]Education / Preferred Qualifications [/B]:
    University degree
    MBA preferred but not essential

[B]Core Competencies [/B]:
    Good network across the market
    Ability to manage with a small team
    Good partnership skills with external parties
    Ability to handle ambiguity
    Self starter, plus ability to work hard

[B]Technical Competencies [/B]:
    Knowledge of the personal loan business
    Sharp analytical skills
    Customer segmentation – tools and benefits
    Good knowledge of power point / excel and other office packages

[B]Work Relationships [/B]:
    Ability to own the numbers target without being directly responsible.
    To work well with peers – in sales, collection, T&O etc
    To influence well staff at lower levels but with no direct authority
    Balance between being hands on and yet letting subordinates do their work, specially important in a small team
    Committed to making partners / agents happy working with the company

[B]Contact us  [/B]: 
Cholamandalam Investment & Finance Company Limited (CIFCL),
Dare House Ist Floor, 2, NSC Bose Road,
Chennai 600001.[/QUOTE]

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