Area Credit Manager

3.6 Area Credit Manager Business Vertical: Housing Line of Business: Credit Department: Credit Line Manager: Regional Credit Manager Designation: Area Credit Manager Grade: M4/M5 On the rolls of: TCHFL Location: No. of Positions: Job Dimensions Responsible for handling team: Yes Roles reporting into this role(Direct/Indirect): Contact or Interaction with: 1) Customers 2) Internal sales teams 3)Channel Partners 4) Builders Travel Required: Yes Position Type: Full time Process Owner: 1) Credit • • Credit Manager Credit Officer Job Purpose To underwrite mortgage business and manage the portfolio in assigned area • Responsibilities Core Responsibilities: o Support and co-partner with business teams to manage end to end credit approval for the designated region o Underwrite salaried SENP/SEP for retail and high value cases and present to senior level o Authorize deviations raised and documented by underwriters in compliance with credit policy. o Finalize review of credit memos, prepared by underwriters, and approval/ decline sign-offs on every file after checking for documentation requests. o Approve all disbursement requests on the basis of achieved adherence to requirements on LTV, agreement value, full documentation attainment at the branch level. o Monitor and oversee PDD management and ensure timely completion of personal discussion documents through customer visits in high value cases. o Oversee and initiate follow-ups with external vendors (FI, Legal & Technical valuations) to ensure timely query resolution/ report submission and eliminate any undue/ non-process related delays. o Co-ordinate with the recoveries team and generate business insights. o Lead a team of credit approvers to ensure portfolio quality and delinquencies. o Engage in development, implementation, review and monitoring of various credit programs and providing training and coaching to continuously upgrade the competency of the team and improving upon processing efficiency of the HUB o Ensure due diligence in credit analysis, customer application screening, evaluation, underwriting and sanctioning of loan. o Evolve underwriting norms customized to the local market needs and ensure continued enhancement and execution of consumer credit risk strategy. Interdependencies Functional Competencies Competency Beginner Intermediate Advance Expert Retail Credit Strategy & Policy Retail Credit Underwriting Retail Credit Systems and Process Retail Credit Monitoring & Portfolio Management Retail Credit Team and Vendor Management Job Qualifications Graduate : Yes Desired Experience: Minimum 6 to 8 years in the field. Other desired attributes: Masters/Postgraduate: Yes Certifications: CA Others : Back to Index TCHFL JD Booklet FY 2018-19 || 23