HDB Financial Services Management Trainee Vacancy at Hyderabad Location. Interested Candidates can go through the details and apply using the link provided at the bottom of the Post.
About HDB Financial Services
HDB Financial Services is a non-banking financial company (NBFC) that provides a wide range of financial products and services in India. The company was established in 2007 and is a subsidiary of HDFC Bank. HDB Financial Services offers services such as personal loans, business loans, gold loans, vehicle loans, and insurance products. The company has a strong presence in over 22 states and union territories in India, with over 1,400 branches and 2,000 partner outlets. HDB Financial Services prides itself on its customer-centric approach, offering tailored financial solutions to meet the diverse needs of its customers.
HDB Financial Services Recruitment 2023
| Company name | HDB Financial Services |
| Website | www.hdbfs.com |
| Job Role | Management Trainee |
| Work Location | Hyderabad, India |
| Job Type | Full Time |
| Experience | Freshers(0-1 years) |
| Qualification | MBA |
| Batch | Not Mentioned |
| Package | Minimum 4 LPA (Expected) |
Job Role
As a Management Trainee, your responsibilities will include evaluating credit proposals, covering financial, business, and industrial risk, and making decisions on loans.
You will need to verify the promoter’s track record and assess their creditworthiness, as well as analyze the financial statements of prospective customers to identify their short-term and long-term solvency and liquidity positions.
Your role also involves ensuring that bounce rate and delinquency are within acceptable standards, monitoring and enforcing approval rate and TAT as per prescribed standards, and ensuring that the monthly branch audit score is satisfactory.
You will also be responsible for vendor management, conducting customer meetings to evaluate credit proposals, tracking and closing PDD, and ensuring compliance with repayment instrument replenishment to ensure regular repayment of EMI.
Roles & Responsibilities
Assessing credit proposals that include financial, business, and industrial risks, and deciding on loan approval is a crucial task for the role.
Additionally, evaluating the creditworthiness and verifying the track record of promoters is a part of the responsibilities.
Reviewing the financial statements of potential customers to identify their short-term and long-term solvency and liquidity position is also important.
To ensure that the Bounce Rate and Delinquency remain within acceptable standards, the role demands strict monitoring.
Moreover, the candidate should enforce approval rate and TAT as per prescribed standards and monitor to ensure that the monthly Branch audit score is satisfactory.
Other responsibilities include Vendor Management, conducting customer meetings to evaluate credit proposals, PDD Tracking and closure, and ensuring compliance to repayment instrument replenishment to guarantee regular repayment of EMI.
How to Apply?
- To apply for a job, read through all information provided on the job listing page carefully.
- Look for the apply link on the job listing page, usually located somewhere on the page.
- Clicking on the apply link will take you to the company’s application portal.
- Enter your personal details and any other information requested by the company in the application portal.
- Pay close attention to the instructions provided and fill out all necessary fields accurately and completely.
- Double-check all the information provided before submitting the application.
- Ensure that your contact information is correct and up-to-date, and accurately reflect your qualifications and experience.
- Submitting an application with incorrect or incomplete information could harm your chances of being selected for an interview.