Credit Manager- LAP (Pune, Kolkata, Delhi, Hyderabad, Bangalore, Chennai)

Job Description:

• The role involves credit appraisal within defined credit policy guidelines for the product, evaluating risk factors and identifying suitable mitigants and term sheet preparation.
• Putting up the proposal to the relevant sanctioning authority with suitable recommendations.
• To maintain the quality of the appraisal along with the desired TAT for the proposal and contribute towards the Advances, and profit targets of the organization.
• To ensure systematic verification processes and co-ordinate with verification agencies.
• To be up to date on industries we lend and business environment in general.
• Appointment of the Title Search Advocates and Valuers and Co-ordinate with the client and the TSR Advocate / Valuers and finalizing the Reports.
• Interact with Customers & understand their requirement and regularly monitor delinquencies
• Understanding of property-related knowledge (like legal title and market value of the property).
• Implementation of robust procedures and ensuring proper documentation of loan files of the location.
• Maintaining regular and updated MIS for management reporting.
• Coordinating with internal and external teams – Business, Operations, Legal, Legal counsels, consultants and clients for the execution of documents.
• Deferral clearance within pre-defined time-lines by coordinating with Customer, Sales and Operations teams.
• Putting up the periodic reviews of the accounts and monitor the portfolio on a regular basis. Also ensuring the up to date Insurance policy, periodic site visits, revaluation wherever needed etc.
• Audit compliance on all aspects stipulated by CO and regulatory compliance in the location.
• End-to-end dealing of account from sanction to LAP portfolio monitoring to identifying stress in the account and take proactive measures to coordinate with business, operations and legal team for recovery.