Credit Policy Manager

Found in: Appcast Linkedin IN C2 - 2 weeks ago


Mumbai, India L&T Finance Full time

JOB PURPOSE:

  • Primary accountability for the definition and adherence to credit policies for Housing Loans lending products
  • Focus on creating an industry-leading credit policy and digital onboarding/underwriting process to provide quick approval TAT for various Consumer Finance loans with an eye on market and competition.

PRINCIPAL ACCOUNTABILITIES:

  • Credit decision making.

  1. Review credit strategies, products, policies, and procedures on a regular basis, and recommend amendments.
  2. Ensure clear communication and adherence of credit decisions to the sales network.
  3. Liaise with Compliance and Legal departments to ensure all relevant regulatory and governance requirements are met.
  4. Supporting learning and development programs for Credit Managers to institute culture of credit writing excellence, and for Sales team to ensure stringent sourcing.
  5. Implement departmental policies, systems, and procedure so that all relevant procedural/ regulatory requirements are fulfilled while delivering a quality and cost-effective service.
  6. Analyse various portfolio trends and bureau data for future trends for effective decision making.
  7. Effective interaction with business partners across functions including risk, technology, product management amongst others.

  • Credit Monitoring & Communication and reporting.

  1. Ownership of portfolio quality and performance by continuously monitoring portfolio health
  2. Work closely with Head for effective external communication and responding to any enquiries from RBI or any other regulatory / statutory body
  3. Setup a strong portfolio governance mechanism and periodically review the same.


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