Credit Manager - LAP (Sikar)

Role Overview

underwriting affordable LAP proposals

Key Responsibilities

• Application Assessment

• Independently evaluate loan applications within policy framework and delegated authority.
• Analyze customer income, banking, credit bureau, and repayment capacity.
• Conduct property due diligence including legal, technical, and valuation reports.

• Policy Adherence

• Ensure all approvals are strictly in line with credit policies, delegation matrices, and regulatory guidelines.
• Escalate exceptions with proper risk justification and documentation.

• Portfolio Quality through Underwriting

• Maintain high-quality underwriting standards to ensure minimal delinquency in the approved portfolio.
• Drive alignment with IRR targets by balancing risk, product mix, and pricing at the approval stage.

• Fraud & Risk Mitigation

• Identify potential fraud or misrepresentation through detailed document checks and verification.
• Apply early warning signals (EWS) in decision-making to prevent high-risk sourcing.

• Stakeholder Management

• Collaborate with sales teams to provide guidance on policy interpretation and case structuring.
• Work with risk, legal, and operations teams for smooth and compliant approval flow.

• Process & TAT Management

• Ensure underwriting decisions are taken within defined turnaround times.
• Maintain complete documentation and approval records for audit readiness.

Key Skills & Competencies

• Strong understanding of

  mortgage underwriting, credit analysis, and risk assessment

  .
• Knowledge of

  affordable segment income assessment

  (formal + informal income).
• Familiarity with

  property due diligence, legal, and technical aspects

  .
• Analytical, detail-oriented, with good decision-making ability.
• Good communication and coordination skills.

Qualification & Experience

• Graduate / Postgraduate in Finance/Commerce/Business Administration.
• 45 years of experience in

  credit underwriting for LAP, home loans, or mortgages

  .
• Exposure to

  affordable housing / LAP segment

  preferred.