Regional Credit Manager- Prime HL, LAP, Mortgage

Description

 Responsible for the regions mortgage loan portfolio, should handle both products prime SBL and prime HL seamlessly.
Manage a team of credit managers & ensure team adheres to credit policy, processes, and needs to handle transactions that comes under the purview of RCM as per the credit authority delegation matrix.

Strategic/ Managerial Responsibilities

• Understands the KPIs/goals and takes full accountability to deliver for the region & overall team performance.
• To understand the management goals & align/ drive the team towards the target.
• To control operational and credit cost. Rationalize various components of cost viz. CPV, CPA, Valuation etc. Initiative on cost saving taken on FI waiver, per FI cost, Valuation etc.
• To underwrite cases keeping in mind the Banks risk policies, risk appetite and quality of portfolio to be maintained.
• Ensure faster delivery within TAT and with satisfaction of customer requirements.
• To adhere Yes Personality and policy of the bank.

Purpose of Interaction

  Business Team

•       Follow up for pending documents /query management.
•       Monitoring of FTR logins.
•       Accompany them for channel/branch visits to understand their sourcing pattern, model.
•       To impart training on policy to their DSAs / DSTs wherever required.
•       Review on approvals, rejections and SUD conversion.

  Policy Team

•       To seek clarification wherever required.
•       To share feedback on policy parameters basis our underwriting.
•       To share market alert on fraud/setup-companies.
•       To share feedback on some particular segment in their geography.
•       To Share location specific industries, profile, collateral related feedback Customers

Portfolio management:

•  Monitoring of the portfolio, analysis of delinquent cases.
•  Profiling of customers with data cuts.
•  Highlight early warning signals
•  Reviewing QM cases & thereby sharing the learnings to the team.
•  Basis review to arrive with a definite corrective action plan.
•  Executive corrective action plan with all control measures.
•  Track deviations and correlate between deviations & delinquency.
•  Review PAR observations with close coordination with PAR team and training to credit managers on hygiene items.

•      Co-ordinating and arrange & conduct training to credit managers on credit scrutiny, changes in policy, other regulatory requirements, process adherence/reiteration etc.

•      Liaison with industry peer banks & financial institutions to understand the market behavior.

•      To look proactively at best practices across industries and businesses and try adapting them to own context.

•      Co-ordinating with external agencies which includes CPV, PD and sourcing channels.

•      Impart training on changes related to processes, regular feedback towards overall improvement of their performance, TAT deliverables, data entry quality etc.

Minimum Qualifications

•       CA professionals, MBAs or Postgraduate in regular stream with experience.

Professional Certifications

•       Any additional certifications /analytical skill related shall be an added advantage.
•       Good understanding of financial analysis, ratios, P&L, balance sheet accounts.

Language Skills

•       Strong communication both oral & written in English with good negotiation skills.

Years of Experience

•       Postgraduate /MBA or CA with min 10 yrs of team handling & multiple branch handling experience.
•       Overall credit risk management & underwriting experience of more than 10 yrs.