Geo Head - Credit Underwriting - Jaipur

Role & responsibilities

• Responsible for upholding the Piramal brand by overseeing the credit underwriting activities for all branches in purview and ensuring necessary changes in the underwriting norms are made which are customized to the local region to serve the respective customers effectively
• Establish key qualification rules to assess credit worthiness of applications with discrepancies identified at the area level
• Examine underwriting processes and respective policies on a continuous basis to ensure that the right set of risk parameters as relevant to the expected scale of business are focused upon.
• Assess the overall viability of credit lending proposals for the region from credit as well as risk perspective based on the institutionalized processes and dynamic market information relevant to the respective branches in the region 
• Responsible for sanction decisioning in consideration with updated policies and processes of the organization basis the limit set in the deviation matrix
• Effectively engage with functional heads in the region (Sales, Operations, Risk etc) to understand and contribute to improvement of regional performance across locations
• Periodically monitor regions productivity while tracking portfolio quality and act as a feedback loop between the region and head office to ensure alignment to organizational goals
• Supervise and monitor the area credit team for prompt and quality credit processing while ensuring their adherence to the laid down policies & processes
• Collaborate with Technical and Legal teams for comprehensive assessment for underwriting
• Coordinate with Collections team to elicit business insights and introduce necessary changes in the policies to mitigate risks
• Stay abreast with the best practices across the industry and present the same for improving internal processes and policies
• Assess deviations raised and documented by underwriters in compliance with credit policy.
• Monitor compliance to the credit policy and processes to ensure that the delinquencies are kept under the identified targets
• Minimize audit deviations by ensuring compliance to all credit related policies & processes for the region
• Track and analyze reports and MIS, review and implement performance sheets and provide feedback for course correction
• 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

• 10-15 years of relevant experience as a Cluster/Area Credit Manager in a large HFC/NBFC handling small ticket 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
• Deep experience & understanding of retail financial services across NBFCs, banking
• Knowledge of local markets and trends in retail lending
• Ability to liaison & follow-up with external and internal stakeholders