Credit Manager - Semi formal LAP

GRADE - SM

DEPARTMENT - Credit

SUB-DEPARTMENT - MSME

REPORTS TO - Area Credit Manager LAP-MSME

REPORTING INTO - Credit Officer

ROLE PURPOSE & OBJECTIVE

1. Expert knowledge of assessing credit risk for large ticket size cases up to Rs. 1 Cr.
2. Conduct income appraisal of MSME borrowers. In depth understanding and analysis of P & L Account and Balance Sheet including cash flows of self-employed borrowers.
3. Assess financial ratios, in depth knowledge of rational behind calculation of ratios and its impact on loan performance over long tenures.
4. Provide Market intelligence from competition and customers stand point
5. Recommendations on new processes & fraud Control initiative etc.

SIZE OF THE ROLE

FINANCIAL SIZE

NON-FINANCIAL SIZE

• Portfolio size of Rs. 200-300 Cr
• 10-15 vendors (legal, technical etc.)
• 1 product (secured)
• 25-30 files per month

KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business/ Financials (Only Relevant roles)

• Underwriting target customer by self and supervising the team to support for building of a performing portfolio.
• Evaluate various collateral types for their value and title documentation requirements
• Participate in collection of dues from customers to maintain low delinquency.
• Ensure Credit policy and process adherence by monitoring and timely review of processes and execution.
• Suggest Policy revisions in line with changing market conditions.

Customer (Both Internal & External)

• Appraise various Customer segments in various for markets defined by the bank as area of operation for lending.
• Co-ordinate with Legal & Technical Agencies for quality and timely delivery of credit reports.
• Meet appropriate customers for understanding of their needs and Conduct underwriting and renewals for cases under purview
• Co-ordinate with functions like operations, FCU, risk, business and technology for effective delivery to end customers.
• Ensure various reports are being sent to stakeholders on monthly basis & at regular frequencies.

Internal Process

• Time to time Intervention to manage ground level risk effectively.
• Full adherence to RBI regulations on documentation and KYC compliance.
• LUC and periodic loan monitoring framework
• Provide Audit Compliance.
• Timely hiring of Credit Officer for the location as per the budget

Innovation & Learning

• Timely training to branches in the location.
• Maintain up to date knowledge of MSE and other related products.
• Upgrade self and team about changes happening in the market.
• Networking with other NBFCs/Banks to have a deeper understanding of the Industry and its perspectives
• Perform on time appraisal and suggest suitable career paths for staff

MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational Qualifications

• MBA in Finance from a reputed college (B.Com, M.Com with relevant experience)

Experience

• Preferred experience of 2/3 years or more in Credit MSME Loan products in term loans and working capital limits.

Functional Skills

• Knowledge of Credit in MSME Loans including term loans and overdrafts
• Knowledge of financial analysis & cash flow determination
• Evaluate and assess collateral security/collateral documentation adequate for the lending
• Business Analysis Skills
• Communication Skills.

Behavioral Skills

• Team Management Skills
• Leadership
• Possesses good interpersonal skills

KEY INTERACTIONS

INTERNAL / EXTERNAL

Regional Credit Manager, Area Credit Managers, Regional Business Managers, Area Managers, Product Managers, Credit Officers/CPA

Vendors & Consultants

Vigilance Managers, Legal Managers, Audit Manager, Risk Managers, Collection Manager

Customers and Community.