Manager - Lending Alliances

Job description
About the company: Propelld is a new age lending startup focusing in the education market

doing an annual INR 1800 Cr + disbursal, backed by WestBridge Capital (largest in Financial

Services space - backers of Axis, HDFC, CIBIL, AU small finance bank, Sharechat, Mamaearth,

etc), looking to grow multi-fold in the next 3 years to an eventual IPO. Propelld is set to

become the biggest Education Finance company in India over the next few years and hence

growth and opportunities will be limitless at this role.

Manager / SM – Debt Lending Alliances

1. Managing fundraising (debt/structured finance/ Co-lending) for the company to ensure

clear visibility of funds / credit limit for ensuring Business growth and cash flow

management includes cash planning, cash flow monitoring, managing bank accounts,

ensuring optimum utilization of funds etc.

2. Nurture and develop extensive relationship and involve in negotiation with different

stakeholders (including Senior Bank Officials, NBFCs, Fis, Rating agencies, Trustee, Legal

Counsel etc. both existing and new relationship)

3. Handling financial due-diligence and interfacing with bankers/due-diligence firm/lenders/

rating agency for any proposed transaction

4. Preparing loan proposals and Credit Monitoring Arrangement data (CMA) for term

loan/cash credit lines/NCDs/Tier-II Capital/off-balance sheet funding and other instruments

5. Monitoring the Monthly/quarterly/annual reporting to investors/lenders/other

stakeholders

6. Covenant tracking for various lenders / Co-lenders and compliance of the same.

7. Execute Assignment / Securitization/NCD transactions; Prepare pool, execute the

transaction and prepare monthly payout reports.

8. Ensuring best practices for treasury controls are in place and are in compliance with the

regulatory guidelines

Requirements:

 We are looking for more expertise than experience. 4-5 years of experience

upwards is a good measure of relevant work

 CA/MBA degree from renowned institute

 Strong interpersonal skills and the ability to build relationships with internal and

external stakeholders.

 An exceptional ability to perform and prioritize multiple tasks simultaneously with

excellent attention to detail. Read more