Zonal Credit Head - South

Department: Credit

Location: Chennai

Age group: 30 - 40 yrs

Reporting To: National Head- Credit

Team Size: 5 to 8

• Managing the Zonal Credit function
• Deliver Credit assessment of Home Loans and Loan against Property
• Follow TAT, Compliance, policies and procedures as per NHB guidance
• Maintain a department organizational structure sufficient to meet all goals and objectives to include a fail proof succession plan
• Manage, train, up-skill, motivate, retain and recruit staff
• Measure department performance with appropriate metrics
• Provide for ongoing training of the team
• Manage relations with Credit Reporting and Fraud agencies

• Establish and Manage the Credit function using the principle of de- centralized assessment and centralized decision
• Responsible for ensuring sensible credit norms resulting in a high- quality of portfolio
• To assess the viability of credit lending proposals from credit as well as risk perspective based on institutionalized processes and dynamic market information at Multiple Branch level situated at different cities of different states called Zone
• Assessment of proposal leads to decision of not going ahead with the proposal or Approval of the cases which fall under the credit delegation authority of Zonal Credit Manager Level or Further recommendation and presentation of the proposal to respective committee level
• To ensure efficient Turnaround time (TATs) for validating the proposals
• To monitor and highlight MIS to the N a t i o n a l head and local credit as well as business team for better business understanding
• To work towards skill enhancement and team building

• Manage Productivity, file processing cost within the budgeted levels
• Ensure processing of files within agreed timelines
• Monitor key indicators on FPD, delinquency within designated portfolio, PDD and OTCs
• Identification, hiring, training and retention of the desired Credit staff at Regional, Cluster & branch levels
• Implement the performance management system and culture as per the objective of the organization
• Implementing the monitoring mechanism and MIS to ensure that each parameter of KPI is constantly measured, reported, analysed and improved.

• Prepare and review credit applications made and provide assessment
• Conduct financial statement and business analysis for loan eligibility
• Preparation of applications in conjunction with the credit team for loan sanctions where loan amount is higher than ZCM sanction authority
• Work in partnership with Sales teams on new and existing credit applications, providing guidance on credit appetite and other pertinent information prior to applications being made
• Act as a constant source of feedback to product and policy teams to aid in innovating the current product offering and launching new products
• Support the NCM in identifying training and development needs of Vendors and initiation support staff in relation to policy & process
• Participate actively in general good credit governance initiatives and uphold highest standards of risk management

• CA / CWA or MBA/PGDM – Finance

• 8-12 yrs experience in Asset Credit, Risk Assessment, Credit Operations and Credit underwriting

Preference will be given to Banking & NBFC industry candidates