Role & responsibilities
- Responsible for upholding the Piramal brand by assessing customers sourced by the Sales team in line with the credit policy, and determine deviations and exceptions.
- Handle oversight & review of credit underwriting of small ticket LAP in the mapped cluster.
- Establish key qualification rules & credit worthiness of potential applicants for cases having discrepancies at the branch level.
- Analyze the on ground delinquencies market trends specific to the area location and provide related feedback to Geography credit manager and branch.
- Functionally manage the branch credit team for prompt and quality credit processing, adhering to the credit policy and defined processes & providing necessary approvals in line with the credit policy.
- Review credit evaluation reports, evaluate borrower risk, transaction and underlying security and make recommendations in line with the assessment.
- Responsible for sanction decisioning as per the Credit Appraisal process and deviation matrix.
- Collaborate with technical and legal teams for comprehensive assessment for underwriting and maintaining TAT of the complete loan sanctioning timelines.
- Monitor compliance to the credit policy and processes to ensure that the right quality of business being sourced, and the delinquencies are kept under the identified targets.
- Mentor and guide the branch credit manager for attainment of set targets, discipline, process compliance and adherence to company's rules and regulations.
- Monitor productivity level of branch credit manager and conduct periodic branch visits for supervision and better oversight.
- Assess the training and development needs of the team and continuously improve underwriting capability.
- Should be willing to adapt to digital tools and processes.
Preferred candidate profile
- Preferably CA/CA Inter/ ICWA/ MBA Finance / Post Graduate/ Graduate.
- 6-10 years of relevant experience in Credit underwriting high value LAP
- Deep understanding and focus on risk, controls, compliance and regulatory framework and ability to apply knowledge on credit policy in assessing inherent risks, if any
- Knowledge of local markets and trends in retail lending
- Deep experience & understanding of retail financial services across NBFCs, banking
- Ability to liaison & follow-up with external and internal stakeholders
- Understanding of CIBIL and other checks required to validate customers credibility
Employment Type: Full Time, Permanent
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