Current jobs related to Credit Specialist - Vijayawada - Resource Algorithm

A) Core Responsibilities:

· Credit Underwriting

o Take Decisions based on customer documents (KYC and Financial documents) , Credit Approval Memo and verification

reports

o 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 customers

o 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 Management

o Track credit processes and monitor adherence to all compliance and regulatory norms as well as organization policies

o Monitor delinquency across locations and regions

o Monitor and assess credit manager delinquency

o Introduce measures to Control delinquencies

· Interact with channels

o 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 providers

o 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 vendors

o Reduce credit cost incurred through vendors

B) 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 the

same 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