Cluster Credit Manager

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