The Piramal Group
The Piramal Group is adiversified conglomerate with operations in over 30 countries andbrand-presence across 100 markets around the world.
Since the late 1980s, thePiramal Group has evolved from a textile-centric business to a diversifiedorganization, which operates across sectors such as healthcare, life sciences,healthcare information management, financial services, specialty glasspackaging and real estate.
As a Group we haveconsistently identified opportunities ahead of the curve, even when marketsituations suggest the opposite.
We invested in the domestic formulationsbusiness when others were focused on growing international generics. Ourpersistence paid off when a deal with Abbott in 2010 valued our business at USD3.
72 billion, an unprecedented 9x sales and 30x EBITDA.
The Group has identifiedfinancial services as the key growth driver and has developed significantexpertise across asset classes and sectors.
The financial services arm, PiramalCapital, includes two entities Piramal Fund Management Pvt. Ltd. (PFMPL) andthe Structured Finance Group (SFG) each targeting a sector of national andeconomic significance i.
e. real estate and infrastructure. It also includesPiramal Finance Ltd., which is registered as an NBFC.
PEL's financial servicesbusinesses comprise :
Piramal’s financial services businesses areorganised as an integrated platform across the capital stack, which enables usto provide financing solutions across private equity, structured / mezzanineequity, structured debt, senior secured debt and even construction finance.
We also have marquee relationships with the largestglobal pension funds such as :
The combined assets under management acrossinvestment themes exceed Rs. 35,000 crores. Funds are deployed from variousdeployment pools including proprietary capital, domestic and offshoreinvestors.
This makes us one of the largestand fastest growing alternate finance players in India today.
In addition, we also holdsignificant equity interest in the Shriram Group’s financial servicesbusinesses. The Shriram Group is one of India’s largest non-
banking financialservices conglomerates in India with presence across Asset-backed lending,Consumer Finance, Life Insurance, General Insurance, Stock Broking, AssetManagement and Distribution businesses.
It caters to over 10 million customersthrough 3,000+ branches pan-India by 50,000+ employees with over Rs. 100,000crores in assets under management.
The combined market capitalization of thelisted entities in the Shriram Group is in excess of Rs. 40,000 crores.
Shriram Capital is the holding company of theGroup and overseas the following operating companies :
20,000crores in assets undermanagement, and is listed on the National and Bombay Stock Exchanges
Mr. Ajay Piramal is the Chairman of thePiramal and Shriram Group of companies.
Our philanthropic arm,Piramal Foundation, runs projects across healthcare, education, livelihoodcreation and youth empowerment.
Projects like Piramal Sarvajal and e-Swasthyaare now Harvard Business School Case Studies.
Driven by our values andpropelled by strong governance, we have built an expansive team and a wide networkthrough partnerships with esteemed companies.
For more information aboutour group, please visit our website : www.piramal.com
As part of the strategic objective to targetmulti-fold growth with market leading ROEs, for each of the Piramal Group’salternate finance businesses under the Piramal Finance Limited platform, one ofthe key priorities is to streamline operations to enable a fastertime-
to-market, mitigate operational risks that typically accompany this scale,while sustaining our best-in-class levels of diligence, monitoring and control.
This will be enabled by the setup of a wholesale credit operations functionthat shall serve the real estate financing business, among others.
Business Unit : Piramal Finance Limited
Domain : Financial Services
Department; Group :
Operations - Asset Management Ops
Degree of Travel required : Purpose of Job
Purpose of Job
The role will be a part of the Piramal Finance wholesale credit operations function, supporting the asset management function of the real estate financing business.
The real estate financing group specializes in providing equity / mezzanine financing solutions / construction finance to Indian real estate developers.
Role directly reports to
Positions that report into this role
or Trusteeship Companies) would be preferred
Essential Skills & Experience
Key Roles / Responsibilities :
M.Com. / B.Com