Credit Manager-Semi formal LAP

Job Description

JOB TITLE: Credit Manager Semi Formal LAP

GRADE: SM

DEPARTMENT: Credit

SUBDEPARTMENT: MSME

TYPES OF POSITION: Fulltime

REPORTS TO: Area Credit Manager LAPMSME

REPORTING INTO: Credit Officer

Role Purpose & Objectives

Expert knowledge of assessing credit risk for large ticket size cases up to Rs. 1 Cr.

Conduct income appraisal of MSME borrowers; in depth understanding and analysis of P&L account and balance sheet including cashflows of selfemployed borrowers.

Assess financial ratios, in depth knowledge of the rationale behind calculation of ratios and its impact on loan performance over long tenures.

Provide market intelligence from competition and customers standpoint.

Recommendations on new processes, fraud control initiative, etc.

Size of the Role

1015 vendors (legal, technical, etc.)

1 product (secured)

2530 files per month

Key Duties & Responsibilities

Business / Financials (Only Relevant Roles)

Underwrite target customers by self and supervising the team to support the building of a performing portfolio.

Evaluate various collateral types for their value and title documentation requirements.

Participate in collection of dues from customers to maintain low delinquency.

Ensure credit policy and process adherence by monitoring and timely review of processes and execution.

Suggest policy revisions in line with changing market conditions.

Customer (Internal & External)

Appraise various customer segments in various markets defined by the bank as area of operation for lending.

Coordinate with Legal Technical Agencies for quality and timely delivery of credit reports.

Meet appropriate customers for understanding of their needs and conduct underwriting and renewals for cases under purview.

Coordinate with functions like operations, FCU, risk, business and technology for effective delivery to end customers.

Ensure various reports are being sent to stakeholders on a monthly basis at regular frequencies.

Internal Process

Time to time intervention to manage ground level risk effectively.

Full adherence to RBI regulations on documentation and KYC compliance.

LUC and periodic loan monitoring framework.

Provide audit compliance.

Timely hiring of Credit Officer for the location as per the budget.

Innovation / Learning

Timely training to branches in the location.

Maintain up to date knowledge of MSE and other related products.

Upgrade self and team about changes happening in the market.

Networking with other NBFCs/Banks to have a deeper understanding of the industry and its perspectives.

Perform ontime appraisal and suggest suitable career paths for staff.

Minimum Requirements

Educational

MBA in Finance from a reputed college (B.Com, M.Com with relevant experience).

Experience

Preferred experience of 23 years or more in Credit.

Locations

Tiruppur, Salem, Krishnagiri, Coimbatore, Hyderabad, Peenya, Bengaluru, Hosur, ParamathiVelur, Paramathi, Tumakuru, Tumkur, Mysuru, Madurai, Magadi, Erode, Udumalaipettai. .