About the role
About udaan:
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.
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.
Role description:
Function: Credit
Sub Function: Seller Side
Location: Bangalore
Reports to: Head Underwriting
Travel Frequency: Minimal
Job Responsibilities
•Deciding trade credit for buyers (lending amount & period)
•Responsible completion of timely credit appraisals
•Adhering to strict TAT for underwriting files
•Maintaining quality of underwriting as per SOP
•Recommending deviation cases to the higher level or approving authority as per delegation matrix
•Vendor Management
KRAs of the role
•Delinquency Management – Maintain lower NPAs
•TAT Management – Strict TAT to be maintained for underwriting files
•Managing Quality of Processing – to maintain quality of underwriting adhering to SOP
•Vendor Management – coordinate with vendors for getting various verification done for customer
Functional Competencies
- Problem Solving: Resolution of overdue accounts by coordinating with a sales team. Coordination with Operations team for due/ overdue PDD process
- Stakeholder Management: Meet Customers to understand them better for better credit appraisal
- Cross-functional integration: Coordinate with sales and operations team for efficient functioning of the entire process
Candidate Profile
•Qualification: CA/MBA Finance/B. Com
•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
•Thorough understanding of SME Financing and Credit processes
•Good at market intelligence, should be able to provide inputs & feedback for policy and process improvement
•Eye for detail/Diligent Personality