Area Credit Manager- Machinery loans/Equipment Finance - Mumbai

As the Branch Credit Manager for Machinery Equipment Funding (MEF) in Mumbai, you will play a crucial role in underwriting loan applications, managing credit policies, and ensuring the quality of the loan portfolio. Your responsibilities will include evaluating MEF loan cases, utilizing loan origination and management systems efficiently, and maintaining credit turnaround time to facilitate timely loan approvals. You will be expected to adhere strictly to the company's credit policies and guidelines while managing credit underwriting processes. Monitoring delinquency rates, Non-Performing Assets (NPA), and credit costs within approved budgets will be essential to your role. Additionally, providing feedback to the Credit Policy team based on your underwriting experience to enhance credit policies and procedures will be part of your responsibilities. Conducting industry analysis to stay informed about trends and risks affecting MEF and SFP loan segments will be crucial. Key Performance Indicators (KPIs) for your role will include Turnaround Time (TAT), Portfolio Quality, Quality of Appraisal, Cost Management, and Implementation of Processes. To excel in this role, you should possess a minimum of 3-5 years of experience in Credit Underwriting. Technical competencies such as positive attitude, excellent analytical skills, strong communication, and in-depth product knowledge will be necessary. Proficiency in understanding asset types, legal, and technical reports related to financed properties will also be required. Personal attributes like excellent presentation skills, strong communication abilities, high analytical aptitude, dedication, and effective liaising skills will contribute to your success in this position. The mandatory educational qualifications for this role are Chartered Accountant (CA) or MBA (Finance) on a full-time basis.,