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.
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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.