Credit Manager

CoreResponsibilities Credit delegation authority to be exercised with all due diligence within the policy framework. Adherence to the defined policy/process & timely decision on all applications being processed. Interpretation of credit bureau reports, dedupe checks, assessment of financial statements, plotting financial tools/spreadsheets & evaluate financial ratios, analysis of bank statements, ascertain existing liability of applicant and overall arriving the financial eligibility in line with the policy. To ensure all loan applications are processed within the defined turn-around time [TAT]. Increase the efficiency of underwriting by reducing reworks and increasing FTR in all the activities carried. Follow up with sales counterparts for pending cases to ensure both credit TAT and E2E TAT are met as defined by the senior management. To check data entry quality is intact and error rate is minimal; periodic feedback to be shared with data entry vendors/ respective team. To conduct customer tele verification / physical visits- personal discussion with applicants to understand the profile, business model, requirement, end-use, seek clarification if any etc. To keep a track on market factors & identify the impact on credit portfolio & decisioning. To keep focus on creating high quality portfolio. Ensuring proper covenant management is done.People Management or Self-Management Responsibilities To interact closely with other functions such as Sales /Operations/ CSS/ Collections in ensuring smooth delivery of objectives. Vendor management: To manage all risk vendors such as CPV, PD, CPA vendor and in-house CPAs wherever available. To impart regular training and share feedback to improve quality.Risk andInternal ControlResponsibilities Audit & regulatory compliance on all aspects stipulated by central team. Credit quality: Ensuring Nil PAR errors and Nil QM cases. Credit authority delegation to be exercised without any instance of transgression of powers.Years ofExperience MBA or CA / Min 3 years of underwriting experience.Nature ofExperience Credit underwriting of Housing /mortgage loans preferred.