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Wealth Manager

Kolkata, West Bengal

New Era India Consultancy Pvt. Ltd.

Job Description

Building annuity income is among the strategic focus items for CBG India and an important element of this focus is scaling up the balance sheet. Hence we have been putting effort to grow our organic Investment portfolio.
Investment portfolio crossing $ 200Mn its 19th month of actual operation with 850+ treasure customers on board.
During recent review of the business with Finance, it came up as a suggestion to explore the possibility of inorganic growth in Investment portfolio. The need came out from the fact that, as a bank we need to achieve our PSL target in mortgage portfolio as well as this should help us stabilize a balance sheet within CBG for long-term.
This will support our intentions to take long-term liability through deposits and grow interest income.

Key Accountabilities

Securitization, Portfolio Monitoring, Portfolio management, Forecasting, Cost Management, MIS Analysis and Financial Services, Ensuring low cost sourcing.

Job Duties & responsibilities

Ensuring securitization policies updated timely as per management strategy
Analyzing financial numbers and portfolio data before proposing any portfolio buyout from other financial institutions and providing the portfolio characteristics with the proposal note to board for smooth sanctioning of the proposal.
Managing end to end securitized books from initiation till completion including pricing with banks, NBFC's and other financial institutions. Also monitoring post disbursal activities to know the behaviour of the portfolio.
Portfolio buyout includes getting pool data from originator as per selection criteria, analyzing the same and finalize the pool after desktop due diligence and then physical due diligence wrt to credit, collateral and KYC and then finalize the pool for disbursals.
Executing deals for banking products with other financial institutions and this involves good relationship with other Financial Institutions and working with cross functional teams across the organization
Maintain external reporting relationships such as regulators and external auditors
Managing retention of entire mortgage book through re pricing/ offering different products, cross selling etc. along with handling customer complain and grievances.
Preparing payout structure and contest rollout for sales channel partner for effective sales through DSAs
Providing analytical guidance on effective utilization of existing customer base through cross sell programs with focus on increasing business volumes with controlled delinquencies and optimal costs
Monthly management reporting, updating reporting decks & management reviews with Finance Management as required for decision making.

Required Experience
CA or equivalent with at least 8+ years experience in Credit, Business specially in Securitization space with portfolio management & monitoring.

Company Description

Established in the year 1993, New Era has been in the business of understanding talent needs... of different organizations and providing solutions for it. New Era hires consultants with specialization in different domains to provide procurement solutions across all the domains. We have been very fortunate to serve some of the top names of both the IT and the non IT Industry. We provide end to end staffing solutions and help candidates to be placed across Asia, USA and Europe.

New Era also provides Training and Development solutions to our clients which help enriching the performance of their Human Capital. Our training and development initiative ‘TRUTH’ offers complete and measurable ‘Aptitude Development Solutions’ in areas like Leadership Development, Time Management, Corporate Communications, Presentation Skills, Consultative Selling Skills, Marketing Skills etc.

New Era values its Human Capital the most and is totally committed towards providing them with adequate training and development programmes at a regular basis. This helps their grooming and also equips them with the knowledge of the latest Industry practices. We at New Era always follow the 3‘i’s which we believe are the pillars of our success.
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Additional Information

Last updated:
Job type:
Full time
Position type:
Minimum experience:
Between three and five years
Compulsory Education
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