Positions 

Credit Head
Assistant Manager Accounts & Taxation
HR Head
Chief Risk Officer
Business Head
Assistant Manager accounts

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Position: Credit Head

Experience

Minimum 15 years of experience

Functional Area

Banks/NBFs/Financial institution industry

Educational Qualification

 CA, CFA(USA), MBA, MMS (Finance), PGDM (IIM’s only) 

Roles and responsibilities

  • • Appraisal of new credit proposals with detailed analysis of promoters, business of the company, historical financial information, financial projections, industry / sector analysis, economic and policy environment and application of provisions of the Credit and related Policies of SICOM and directions and notifications issued by the Reserve Bank of India from time to time.
  • • Ensuring thorough due diligence of loan proposals with consideration of following  points:
  • • Meeting client with Business Development, Risk and Legal teams of SICOM for evaluation of loan proposals.
  • • Conducting detailed appraisal of the loan proposal including analysis of financial statements and projections, computation of ratio’s, assessment of repayment capacity, internal rating review, assessment of risks and preparation of the standard Credit Appraisal Memorandum for submission to sanctioning authorities.  
  • • Verifying MCA, Credit Bureau reports, litigations against company/promoters etc. through legal databases and feedback from the  legal Department
  • • Review of KYC, Related Party Transactions & identification of Beneficial Owners and Politically Exposed Persons.
  • • Verifying national / international crime database 
  • • Review of proposed exposures with Credit Policy norms and RBI Prudential Norms for exposure on borrowings and investments.
  • • Feedback from Legal department on Title Search and Valuation (if any), Bankers, Suppliers, Customers and other Lenders of the client. 
  • • Convening the Credit Committee Meeting and circulating the Credit Appraisal Memorandum to the Credit Committee and/or Board of Directors / sub-Committees of the Board of Directors.
  • • Issuing sanction letter to the client as per terms approved by the Credit Committee after incorporating terms specified by Legal Department. Modification, review and recovation of sanction letters as per approval of sanctioning authorities.
  • • Ensuring that the borrowers account is reviewed on a periodic basis by considering significant changes in financials, industry scenario, regulations, repayment patterns, security mortgage and performance of borrowers. 

Reporting Authority

Managing Director

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply

Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from the date of advertisement in newspaper

 

 

Position: Assistant Manager-Accounts & Taxation

Experience

Minimum 4 years experience

Functional Area

Banks/NBFs/Financial institution industry

Educational Qualification

 CA

Roles and responsibilities

Accounts

  • • Accounting for loan portfolio, advisory Income, fixed assets, investment etc.
  • • Quarterly variance analysis 
  • • Finalisation of books of accounts
  • • Preparation of financial statements
  • • Preparation of cash flow, fund flow projection 
  • • Liasoning statutory audit, internal audit, internal finance control audit and transfer pricing audit
  • • Assisting in implementation of Ind-AS
  • • Filing of various RBI Returns
  • • Assist in development and implementation of integrated accounting system

Taxation

  • • All tax compliances, relating to Corporate taxation, compliances of GST, service tax, TDS returns and related queries
  • • Handling of litigation with Direct and Indirect tax authorities
  • • Co-ordination with Statutory Auditors, Tax Auditors, Internal Auditors, IFC Consultatnts, RBI Inspection Team"

Reporting Authority

CFO

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply

Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from the date of advertisement in newspaper

 

 

Position: HR Head

Applications are invited within 21 days from 10th May 2019. Candidates meeting the requirements below only need to apply.

Candidates meeting the requirements below only need to apply.

Experience

15-20 years

Educational Qualification

MBA/PGDM with specialization in Human Resources

Roles and responsibilities

  • • Development and implementation of HR policies and procedures
  • • Manpower planning
  • • Managing the recruitment process
  • • Induction and orientation of new employees
  • • Monitoring and maintaining leave and attendance system
  • • Assessment of Training needs at various levels, preparation of training budget and imparting of training
  • • Compliance of statutory requirements
  • • Knowledge of Laws relating to labour and personnel
  • • Performance appraisal and rewards and incentives & Ex-gratia of Staff
  • • Administration of all Regional Offices
  • • Administration & resolving Grievances of Subsidiary companies
  • • Preparing and maintaining employee records related to hiring, transferring and promoting.
  • • Reviewing and updating HR manual and HR policies
  • • Post retirement benefits
  • • Monitoring & maintaining systems for Provident Fund & Employee Pension Scheme(EPS)/ EDLI Scheme
  • • Monitoring and processing all types of loans (Housing, Misc., Car)
  • • Monitoring & maintaining Gratuity, Superannuation Trust
  • • Maintaining Employee relations & resolving employee grievences
  • • Developing health and safety programs
  • • Overall responsibility of internal committees requiring participation / presiding of HR head
  • • Exit formalities
  • • Employee benefit plans
  • • Any other responsibility assigned by the management

Reporting to

The Managing Director

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply

Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from 10th May 2019

 

Position: Chief Risk Officer

Applications are invited within 21 days from 10th May 2019. Candidates meeting the requirements below only need to apply.

Candidates meeting the requirements below only need to apply. (Click Here for print Ad)

Experience

15-20 years

Educational Qualification

MBA/PGDM with specialization in Finance/ CA/CFA/ FRM/CERA/CRM (From Reputed College)

Roles and responsibilities of Chief Risk Officer

  • • Building a robust risk management framework, ensuring a system-wide view and understanding of the combined risks of the business and their inter-relationships (operational risk, credit risk, enterprise risk management, interest rate risk, liquidity risk, reputational risk, regulatory risk, legal risk, market risk, IT risk etc.) and managing the enterprise wide risk.
  • • To understand the business, evaluate, improve, and monitor from risk perspective
  • • To mitigate risks through appropriate internal controls/mechanism;
  • • To build awareness of the business implications of credit risk and manage credit risk
  • • To ensure the improvement in quality of the business portfolio by planning and directing all aspects of risk.
  • • To evaluate the impact of regulatory changes and changes in government policies on SICOM’s existing portfolios/policies.
  • • Prepare and update the risk management policy and related policies
  • • Review all policies, Standard Operating Procedures, manuals from risk management perspective.
  • • Review of existing / new products to be developed.
  • • Carrying out Credit risk rating internally.
  • • Provide opinion on the credit business proposal and Security score, Corporate Governance score and executive summary.
  • • Provide risk opinion on client request and other department request/proposal.
  • • Preparation and presentation of agenda for internal and Board level Risk Management level Sub Committee
  • • Convening internal meetings with respect to Risk management.
  • • Annual review of spread matrix
  • • SMA reporting to RBI on CRILC platform
  • • Uploading data to 4 CICs
  • • Prepare risk dashboard on periodic basis
  • • Review of Cash Transaction Report/ Suspicious Transaction Report under PMLA.
  • • Any other responsibility assigned by the management/Risk Management committee

Reporting to

The Managing Director

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply

Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from 10th May 2019 

 



Position: Business Head

Applications are invited within 21 days from 10th May 2019. Candidates meeting the requirements below only need to apply.

Candidates meeting the requirements below only need to apply.

Experience

15-20 years

Educational Qualification

MBA/PGDM with specialization in Finance or CA (From Reputed College)

Roles and responsibilities of Business Head

  • • Must have 15-20 years of experience of handling various functions in a NBFC or Bank, such as Business development, Credit Appraisal, Credit Monitoring, Recovery, Treasury etc.
  • • Experience of business development by generating and developing leads as per product policies and norms, including generating business through new clients and existing borrowers with good track record
  • • Competition mapping – keeping track of competitors product offerings and innovations and providing inputs for new product development
  • • Development of new products/ aligning existing products in line with the market conditions including competitive landscape
  • • Appraisal of new credit proposals with detailed analysis of promoters, business of the company, historical financial information, financial projections, industry / sector analysis, economic and policy environment.
  • • Ensuring the due diligence of proposal
  • • Ensure smooth handholding between client and credit operation section up to sanction, acceptance and disbursement phase
  • • Ensuring that the borrowers account is reviewed on a periodic basis by considering significant changes in financials, industry scenario, regulations, repayment patterns, security mortgage and performance of borrowers.
  • • To ensure timely initiation of legal action in case of default in standard accounts.
  • • Management of all investments of SICOM other than strategic investments
  • • Raising resources through various rated / unrated instruments at optimal cost as per the business plan
  • • Periodic updates to the Board/ALCO including MIS to management and regulator
  • • Experience of managing and mitigating various risks such as Market risk, Credit Risk, Liquidity risk, Reputation risk, Legal risk and cyber risk.
  • • Any other responsibility assigned by the management

Reporting to

The Managing Director

CTC offered

Compensation will not be a limiting factor for the right candidate

To apply

Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from 10th May 2019

 



Assistant Manager Accounts

Applications are invited within 21 days from 27th May 2019. Candidates meeting the requirements below only need to apply.

Candidates meeting the requirements below only need to apply. (Click Here for print Ad)

Experience

3-5 Years

Educational Qualification

CA

Roles and responsibilities of Assistant Manager Accounts

  • • All tax compliances, relating to Corporate taxation, compliances of GST, service tax, TDS returns and related queries
  • • Handling of litigation with Direct and Indirect tax authorities
  • • Co-ordination with Statutory Auditors, Tax Auditors, Internal Auditors, IFC Consultants, RBI Inspection Team
  • • Accounting for loan portfolio, advisory Income, fixed assets, investment etc.
  • • Quarterly variance analysis
  • • Finalisation of books of accounts
  • • Preparation of financial statements
  • • Preparation of cash flow, fund flow projection
  • • Liasoning statutory audit, internal audit, internal finance control audit and transfer pricing audit
  • • Assisting in implementation of Ind-AS
  • • Filing of various RBI Returns
  • • Assist in development and implementation of integrated accounting system. Anyother responsibility assigned by the management

Reporting to

CFO

CTC offered

8-10 lakhs p.a

To apply

Apply at This email address is being protected from spambots. You need JavaScript enabled to view it. with detailed resume within 21 days from 27th May 2019