Area Credit Manager - Secured Loans (3-6 yrs)

The Area Credit Manager will be responsible for underwriting and approving secured loan applications, primarily in the mortgage loan segment. This role involves ensuring credit quality, compliance with company policies, and supporting the growth of the secured loans portfolio in the assigned region.

Key Responsibilities

1. Credit Underwriting:

- Assess and evaluate loan applications for mortgages, ensuring adherence to company credit policies and guidelines.

- Conduct detailed analysis of financial statements, credit reports, and collateral valuation to determine creditworthiness.

- Approve or recommend loan proposals based on delegated authority levels.

2. Portfolio Management:

- Monitor the loan portfolio to identify early warning signals and take proactive measures to minimize delinquencies.

- Ensure timely reviews and renewals of existing credit facilities.

3. Compliance &Risk Management:

- Ensure compliance with regulatory requirements, internal credit policies, and risk management frameworks.

- Perform periodic audits and reviews to ensure process adherence.

4. Coordination:

- Collaborate with sales teams, credit bureaus, and other stakeholders to ensure smooth processing of loan applications.

- Provide training and guidance to sales teams on credit policies and documentation requirements.

5. Market Analysis:

- Stay updated on market trends, competition, and customer preferences to align credit strategies with business goals.

Key Skills & Competencies :

- Strong understanding of mortgage products and secured lending.

- Proficiency in financial analysis, credit underwriting, and risk assessment.

- Knowledge of regulatory frameworks and compliance requirements.

-Excellent communication, decision-making, and problem-solving skills.

- Familiarity with credit bureau reports and market valuation practices.