Credit Specialist

7 days ago


Vijayawada, India Resource Algorithm Full time
A) Core Responsibilities:

· Credit Underwritingo Take Decisions based on customer documents (KYC and Financial documents) , Credit Approval Memo and verificationreportso Decision the file based on policy norms and within the permitted TAT.o On receiving additional documents initiate process for sanction (seeking approvals)o Ensure closure of deferral cases within the defined time limits.· Personal Discussion with customerso Meet the customers personally for analyzing and assessing the business set up, end use of loan and business projections etc.o Submit duly signed report ( on system) for future reference· Portfolio Managemento Track credit processes and monitor adherence to all compliance and regulatory norms as well as organization policieso Monitor delinquency across locations and regionso Monitor and assess credit manager delinquencyo Introduce measures to Control delinquencies· Interact with channelso Meet channel partners to boost business volumes, quality of sourcing, TAT monitoring etc.o Provide training to channel partners on policies and processes· Monitor and Interact with External Vendors or Third party service providerso Monitor and review Service Quality of vendor (TAT, Quality of reports, customer details captured)o Conduct periodical updates with respect to policy and process changes with the vendorso Reduce credit cost incurred through vendorsB) Supplementary Responsibilities:· Resolve Audit queries· Provide inputs on process and policy improvements· Take feedback from markets (through credit teams) for introduction of new products, feedback on processes and alignment of thesame with the industry.· Train Credit Officers/ CPC team for enhanced performance on policies and processes

C) Records/Trackers/Reports maintained by role:· Channel Visit Report· Vendor visit report· Daily productivity report
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    Vijayawada, India Resource Algorithm Full time

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