Senior Executive - Borrowings Ops job in Bangalore

Bangalore Navi

Job Ref:	nn0wG9jvPUgo
Employer:	Navi
Sector:	Banking & Finance
Qualifications:	Senior Qualified Actuary
Software:	Excel
Job Type:	Full Time
Salary and Benefits:	Competitive
Remote:	No
Location
Country:	India
City:	Bangalore
Post Code:	Not specified
Map:	(Show on map)
Description
Senior Executive - Borrowing Ops About Navi Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences. Founders: Sachin Bansal & Ankit Agarwal Know what makes you a "Navi_ite" : 1.Perseverance, Passion and Commitment • Passionate about Navi's mission and vision • Demonstrates dedication, perseverance and high ownership • Goes above and beyond by taking on additional responsibilities 2.Obsession with high quality results • Consistently creates value for the customers and stakeholders through high quality outcomes • Ensuring excellence in all aspects of work • Efficiently manages time, prioritizes tasks, and achieves higher standards 3.Resilience and Adaptability • Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility Key Responsibilities: To work upon various types of health insurance products pricing, preparation of technical notes and working closely with the product and underwriting team on product design and market-research. Design and define key matrix for tracking product performance and generating business insights. Preparation of reports for annual valuations, financial condition reports, asset-liability report, economic capital and other actuarial projects. Coordinate with internal teams for any IRDAI related requirements and queries. To work towards bringing efficiency and maximum automation in various actuarial projects. Key Requirements Borrowing Management: Prepare monthly MIS. Prepare banking proposals for working capital and term loan facilities for the Business Team. Maintaining Cashflow of Repayments to lenders Build and maintain strong stakeholder relationship and liaise with banks and financial institutions. Manage external rating agencies for the group. Compliance Management: Ensure compliance with RBI and regulations including, debt status reports, due diligence reports, and certification of financial covenants. Timely monthly debt servicing, interest, and principal payments. Other Responsibilities: Coordinate title search reports with advocates. Submit no default statements to credit rating agencies monthly. Manage ROC compliances related to loan facilities and security. Verify/confirm data at NESL portal at regular intervals. Engage with auditors for timely completion of treasury audits. Ensure quarterly ASM audit reports with auditors. Roll out balance confirmation requests from all lenders at quarter end. Additional Tasks: Maintain records of various fees paid to banks during the year. Ensure timely invoice payments for services availed from external parties. Adhoc data requests from stakeholders. Skill Required: Ms. Excel Proficiency Financial Background Good Analytical Skills

ref: (nn0wG9jvPUgo) 12 days ago

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