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 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