Credit Operations

6-10 Years | 1 Opening | Chennai.

Who we are?

Kaleidofin is a fintech with a focus on the informal sector, we provide solutions tailored to the customer’s goals and are intuitive to use. We are working towards creating fair and transparent financial solutions that can target millions of customers and enterprises in India that don’t have easy access to formal financial planning.

In a very short time span, global investors such as Oiko Credit, Flourish, Omidyar Network and Blume Ventures have supported Kaleidofin’s well thought out business model. The firm’s latest round was Series B of funding led by The Dell Foundation & The Bill & Melinda Gates foundation in May 2022. Kaleidofin is recertified as a Great Place to Work from September’22.

The company won the Amazon AI Conclave award for Fintech, was one of only ten startups chosen for the Google LaunchPad Accelerator program in 2019, was recognized as India’s Most Innovative Wealth, Asset and Investment Management Service/Product by the Internet & Mobile Association of India (IAMAI) and was selected to present at United Nations General Assembly Special Task Force Event.

With its focus to harness mobile technology to deliver a paperless experience as well as its focus to harness technology and analytics to predict the right product for the right customer, Kaleidofin aims to become a leading FinTech player bringing financial solutions to everyone.

To know more about Kaleidofin, do visit our site

What You’ll Do? :

  • Secondary credit assessment of loan files received from partner institutions.
  • Assisting with Maker or Checker roles in the pre & post disbursement process
  • Flagging of deviations from policy and assisting with sanctioning decision when there are deviations.
  • Publishing MIS on a set frequency basis for early warning signals wherein there has been a delay in the satisfaction of the agreed terms and conditions, covenants etc
  • Monitoring pendency of post-disbursement documents and first-line follow-up with partner institutions until receipt of documents
  • Monitoring of charge creation by partners for wholesale loans provided by the company.
  • Follow-up on book-debts statements and other periodic reporting requirements from partners & clients
  • Together with Finance and Compliance departments, assistance with charge creation and submission of periodic book-debts statements by company to its lenders and investors
  • Submission of periodic information to credit bureau as per regulatory requirements
  • Assistance with submission of reportsto regulatory authorities
  • Co-ordination with external agencies for KYC and related audits (including audit of collaterals) for loans provided and assets purchased by company.
  • Resolving the reconciliation of open items related to collections.
  • Providing solutions/business requirement documents for automation of the processes.

Who You Need To Be:

  • Graduate/ Postgraduate or CA (Inter)
  • 6-10 years of relevant experience in credit operations in NBFC, MSFI or Bank, with exposure to various loan products.
  • Exposure to proprietary tools for LOS & LMS and vendor systems such as CPV, CKYC; CIC; FI & FCU.
  • Proficient in MS Office suite.
  • Analytical & excellent attention to detail
  • Work from Office – Chennai.
  • Work experience in Credit and / or Operations department of NBFC, MFI or Bank
  • Hands-on experience with lending procedures and products
  • Experience of handling statutory reporting requirements including CKYC upload, credit bureau reporting or reporting to the central bank and other regulatory authorities
  • Basic understanding of accounting and finance
  • Excellent communication, analytical & problem-solving skills
  • Handling real-time emergencies and reporting RCA.
  • Experience in cross-functional coordination
  • • Capable of working independently & with the team on executing tasks efficiently
  • Curiosity and a passion for FinTech

If you fit the bill, write to me at [email protected]