Credit Manager-Business Lap

Credit Manager - Business LAP

Designation Credit Manager

Grade Executive

Reporting to Area Credit Manager

Location: Vellore, Tirupati, Surat,Faridabad,Tiruchipalli

Function Risk (Underwriting)

Job Purpose The role incumbent will be responsible for end-to-end credit underwriting and disbursal of mortgage loans (Business LAP)

Role

• Credit assessment and underwriting of loan applications based on product and policy norms end to end from login to disbursal of loans • Appraising loan applications for credit worthiness ensuring adherence to KYC norms, credit bureau assessment and financials • Disbursal of loans including all checks and verifications • Coordination with legal, technical and processing vendors and training of vendors and vendor staff on processes and polices • In-person meetings and discussions with clients • Responsible for maintaining the processing TAT • Vendor management, including quality monitoring

Qualification & experience

• Years of experience 1 to 3 years preferred

• Mandatory Qualification MBA in Finance/CA •

Working knowledge of mortgage underwriting especially in the subjective underwriting phase & has worked in the same geography as role

• Good to have - Basic financial knowledge of P&L / Balance Sheet and financial ratios Essential skills

• Ability to work in unstructured and evolving situations with an open mind • Adhere to expected TAT without compromising on quality

• Work collaboratively with Sales and Operations team in the location to achieve strategic business goals

• Ability to understand customer needs and be responsive

• Technology skills understanding of and working with existing market technologies in the mortgage industry.