Job Description

Role & responsibilities : Good understanding of credit policy and underwriting regarding Business Loans and LAP book Evaluating credit proposals covering financial, business, market risk & decision of the loan Appraising borrowers financial, business and credit track record to assess the credit worthiness Analysis of the financial statements, Bank records, ITR and GSTN records of the prospective customer to identify the short term & long term solvency & liquidity position Strong knowledge about local geography and socio-economic strata of the branch sales state. Effective implementation and coordination with agencies to prevent fraud, over valuation of property and legal risk To assess the credit risk and adopt suitable course corrections and give feedback to central policy and underwriting team for preventive actions Understanding the customers requirements and ensuring quick service delivery Hold high responsibility for implementation of high standards of underwriting and internal controls in the branch in order to safeguard the assets and data Overseeing Operational risk & support functions including PDD, collections data and foreclosures requests Monitor for checks on Frauds and Early Delinquencies; conduct regular branch audit Regular monitoring of portfolio and collateral management Monitor and enforce approval rate and TAT as per prescribed standards Execution of all the work to ensure compliance to KYC, regulatory needs, credit underwriting, collateral management, Legal agencies and Audit function Basic Analytics and MIS reporting to various stakeholders on regular basis at branch level Implement Standard Operation Policies, Process Documentations and Risk framework as suggested by Risk Policy unit To initiate suitable process changes to reduce risk and improve overall efficiency Team & Vendor Management mentor and train them for proper delegation of work and maintaining credit standards Has to travel locally daily to do PD, make customer and vendor visits