Credit Head / Vice President

Designation- VP-Credit

About the team and role

The role is to lead MOFLs underwriting team for both secured and unsecured loans to HNI clients including underwriting emerging corporates and overall portfolio monitoring.

Key Responsibilities

• Appraising proposals for secured and unsecured lending including LAS, LAP, ESOP, IPO Funding, Promoter Funding, Corporate Loans and Unsecured Loan proposals sourced through internal stakeholders.
• Understanding credit worthiness of customers along with intention to repay the loan by analyzing all documents, observation & findings of PD
• Approve credit proposals within delegation power assigned or recommend to next higher approving level
• Presentation of proposals to credit committee and responding to queries/analytical request from the committee
• Ensuring high level of integrity and accuracy of credit information
• Vetting of product launches under new product policy and suggesting risk mitigants from credit risk perspective
• Deploy credit strategy which is aligned with business strategy and targeted customer segment
• Develop various underwriting models using alternate data through AI/ML and build scorecards
• Study, analysis and interpretation of legal & technical reports of property and other check reports
• Continuously improvise underwriting capability based on portfolio performance.
• Actively partner with business heads and structure customized solutions
• Implementation of various RBI related guidelines pertaining to Credit Risk
• Maintaining and reporting of various MIS to monitor portfolio performance from revenue and risk perspective
• Effectively manage & upskill the credit team along with allocation of workload
• Support the deliverance of appropriate training need for team to improve process and service quality, automation and dashboard reporting
• Leading, mentoring, monitoring the performance of the team members to ensure efficiency in process and operations
• Develop metrics, scorecards and status reports to track operational performance across team
• Creating and sustaining a dynamic environment that fosters development opportunities and motivates high performance among team members

Desired Skills and Experience

• Work experience: 10-15 years in credit underwriting in LAS/LAP/Corporate Loans/Unsecured Loans.
• Qualifications: CA/MBA
• Good understanding of accounting standards, IGAAP/IND-AS, Annual reports
• Strong understanding of Credit Risk analysis and credit related policies & process
• Knowledge and experience of having dealt in similar products, procedure and documentation
• Ability to understand economic/industry cycles
• Excellent communication skills-verbal, written including report writing Role & responsibilities

Preferred candidate profile

Perks and benefits