Area Credit Manager- Machinery loans
4 days ago
The Branch Credit Manager for Machinery funding loans will be responsible for underwriting loan applications, managing credit policies, and ensuring the quality of the loan portfolio. This role requires a thorough understanding of loan origination and management systems, as well as a keen eye for detail in financial analysis and industry trends.
Specific Responsibilities:
- Underwriting: Evaluate and underwrite MEF loan cases to ensure compliance with the company's credit policies and risk appetite.
- System Utilization: Make optimal use of the Loan Origination System (LOS) and Loan Management System (LMS) to streamline the credit process and enhance efficiency.
- Credit Turnaround Time (TAT): Maintain and improve credit TAT to ensure timely loan approvals.
- Policy Adherence: Manage credit underwriting processes in strict adherence to the company's policies and guidelines.
- Delinquency & NPA Monitoring: Monitor delinquency rates and Non-Performing Assets (NPA) to keep them within budgeted levels.
- Credit Cost Management: Ensure credit costs are managed within the approved budgets.
- Policy Feedback: Provide feedback to the Credit Policy team based on underwriting experience to improve credit policies and procedures.
- Data Analysis & Reporting: Perform data slicing, analysis, and publish relevant reports to support decision-making.
- Post Disbursement Document (PDD) Monitoring: Ensure all PDDs are collected and monitored effectively.
- Industry Analysis: Conduct thorough industry analysis to stay updated on trends and risks affecting the MEF and SFP loan segments.
Key Performance Indicators (KPIs):
- Turnaround Time (TAT)
- Portfolio Quality
- Quality of Appraisal
- Cost Management
- Implementation of Processes
Experience:
- Minimum 3-5 years of experience in Credit Underwriting.
Technical Competencies:
- Positive, pro-business attitude
- Excellent analytical skills
- Strong communication and presentation skills
- In-depth product knowledge
- Ability to understand asset types and their viability
- Proficiency in reading and understanding legal and technical reports and valuations related to financed properties
Personal Attributes:
- Excellent presentation skills
- Strong communication skills
- High level of analytical ability
- Sincere and dedicated
- Effective liaising skills
Mandatory Education Qualification:
Chartered Accountant (CA)
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