Branch Credit Manager - HL/LAP

The Branch Credit Manager (BCM) for Home Loan and LAP is responsible for overseeing the credit approval process, managing the credit risk, and ensuring adherence to policies and procedures. They will evaluate loan applications, perform due diligence on property and applicant financials, and ensure that lending decisions are in line with company objectives.

Key Responsibilities:

1. Credit Assessment & Approval:
   
• Assess and evaluate loan applications for home loans and loan against property (LAP) based on the bank's credit policies and guidelines.
• Analyze borrowers financials, including income, credit history, and other relevant factors to determine their ability to repay.
• Review and approve/reject loan proposals after thorough credit risk evaluation.
• Evaluate property documents and appraise the value of the collateral to mitigate risks.
2. Portfolio Management:
   
• Manage the home loan and LAP portfolio within the branch, ensuring healthy credit quality.
• Monitor loan disbursements and ensure timely repayments.
• Address any credit concerns or loan delinquencies in the portfolio, working closely with the collections team.
3. Risk Management:
   
• Identify potential credit risks and take appropriate steps to minimize them.
• Ensure compliance with internal risk management policies and regulatory requirements.
• Maintain a robust process for monitoring and managing loan defaults, delinquency, and fraud.
4. Customer Interaction:
   
• Act as a liaison between the bank and customers by resolving queries related to credit and loan products.
• Provide financial counseling and assist customers in understanding the terms and conditions of home loans and LAP.
5. Documentation and Reporting:
   
• Ensure all required documents are collected and maintained as per regulatory and internal standards.
• Maintain accurate and up-to-date records of all credit applications and approvals.
• Prepare reports on the credit portfolio and submit them to senior management as needed.
6. Team Collaboration:
   
• Collaborate with the branch sales and operations teams to support loan sales activities and to ensure a smooth loan approval process.
• Train and mentor junior credit officers and staff on loan products, credit assessment, and risk mitigation.
7. Compliance and Audits:
   
• Ensure compliance with all regulatory requirements and internal audit processes.
• Assist in the preparation for external and internal audits and ensure all credit processes are followed.
8. Product Knowledge & Market Research:
   
• Stay updated on market trends, customer preferences, and competitors' offerings in the home loan and LAP segments.
• Recommend improvements to credit policies and product offerings based on market insights.

• Experience:
  
• 5-8 years of experience in credit management, with a focus on home loans, LAP, or mortgage products.
• Prior experience in credit underwriting and risk management is essential.
• Skills & Competencies:
  
• Strong analytical skills with the ability to assess credit risk.
• In-depth knowledge of home loan and LAP products, market trends, and regulatory guidelines.
• Excellent communication and negotiation skills to interact with customers and senior management.
• Ability to work under pressure and handle complex loan applications.
• Proficient in using banking software and MS Office Suite.