Credit Manager

Job Summary:

The Credit Manager will be responsible for overseeing the credit assessment, processing, and sanctioning of home loans at the branch level. The role will have sanctioning authority and be accountable for the branch's credit portfolio, working closely with sales, operations legal and technical team with key focus on maintaining the quality of the loan portfolio.

Key Responsibilities:

Credit Evaluation & Decision Making:

• Evaluation of home loan applications, ensuring compliance with credit policies, guidelines, and regulatory frameworks.
• Conduct thorough assessments of applicants' financial backgrounds, creditworthiness, income stability, and repayment capacity.
• Make independent credit decisions and sanction home loans within personal authority limits. Ensure robust documentation and rationale for all credit decisions made at the branch level.

Risk Management & Policy Adherence:

• Ensure that credit evaluations are conducted in accordance with internal risk policies and external regulatory requirements (RBI guidelines).
• Ensure that the branch's loan portfolio remains healthy, with low default rates and minimal risk exposure.

Coordination with Other Departments:

• Collaborate with the sales team to ensure clear communication on credit policies and customer eligibility criteria.
• Work closely with the legal and technical teams for proper evaluation of property and legal documents related to loan applications.
• Coordinate with the operations team for smooth processing and disbursal of approved loans.

Customer Interaction:

• Engage with high-value or complex loan applicants to clarify credit-related queries and provide guidance on loan structuring.
• Handle escalated customer cases and provide resolution, ensuring high levels of customer satisfaction.

Portfolio Monitoring & Reporting:

• Monitor the branch's loan portfolio for signs of stress, non-performing assets (NPAs), and early warning indicators.
• Ensure timely action on delinquent accounts and recommend appropriate measures (e.g., restructuring, legal action) for loan recovery.
• Ensure strict compliance with audit and regulatory standards at the branch level.

Requirements:

• Education Qualification : CA or MBA (Full Time) Mandatory
• Experience: At least 2 years of experience in Credit Underwriting.
• Location: Panvel, CBD Belapur, Vashi, Kalyan, Dombivli, Thane, Vasai, Virar & Mira Road.