National Head Credit - LAP (Loan Against Properties)

The purpose of your role is to define, implement, and oversee the credit strategy and risk framework for the Loan Against Property (LAP) business with a ticket size of up to 75 Lacs. You will be responsible for ensuring sustainable portfolio growth while maintaining an optimal risk-return balance. Your duties will include policy formulation, governance, portfolio oversight, and enabling business teams to achieve disbursement and profitability targets with strong asset quality. Your key responsibilities will involve: 1. Credit Strategy & Policy: Developing and updating credit policies, underwriting guidelines, and scorecards tailored for LAP. Aligning credit risk frameworks with RBI/NBFC regulatory guidelines and internal risk appetite. Defining risk-based pricing models and establishing TAT benchmarks for approval processes. 2. Underwriting & Portfolio Management: Leading national underwriting operations, ensuring robust borrower and collateral evaluation. Monitoring portfolio vintage-wise delinquencies, early warning indicators, and NPA trends, and initiating corrective measures. Approving high-value or exception cases beyond delegated authority levels of zonal/regional credit managers. 3. Operational Excellence: Standardizing credit approval workflows across branches, hubs, and digital channels. Collaborating with Technology & Operations to digitize credit journeys, integrate LOS/LMS systems, and improve risk analytics. 4. Business Collaboration: Partnering with Sales & Product teams to design profitable customer segments, sourcing strategies, and new product variants. Providing policy refreshers, credit training, and guidance to Sales teams, DSAs, and regional credit units. 5. Governance & Compliance: Ensuring zero major audit observations and adherence to internal/external compliance requirements. Presenting portfolio health reports to senior leadership, credit committees, and risk boards regularly. 6. Team Leadership: Leading & mentoring regional/zonal credit heads and credit analysts, driving productivity, quality, and succession planning. Fostering a high-performance, compliance-oriented culture with clear accountability metrics. You should possess the following know-how skills: - Domain Knowledge: Deep expertise in retail secured lending (LAP, MSME, Home Loans). Strong understanding of property valuation, legal scrutiny, and surrogate income assessment for self-employed borrowers. Regulatory knowledge of RBI/NBFC norms, KYC/AML guidelines. - Technical Skills: Credit MIS & portfolio analytics, delinquency dashboards, and scorecards. Familiarity with LOS/LMS systems and digital underwriting platforms. Basic knowledge of risk modeling, policy automation, and digitization initiatives. - Leadership & Behavioral Competencies: Strategic decision-making and risk appetite calibration. Ability to balance business growth and portfolio quality. Strong stakeholder management & cross-functional collaboration. Proven team leadership, mentoring, and succession planning skills. You are required to have: - Education & Experience: MBA (Finance/Risk), CA, or equivalent qualification. 10-15 years of credit & risk management experience, with at least 5 years in a leadership role in LAP/secured lending.,