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Mortgage Credit Risk Management Professional

2 weeks ago


Coimbatore, Tamil Nadu, India beBeeMortgage Full time ₹ 1,04,000 - ₹ 1,30,878
Job Description

The Mortgage Business Manager is responsible for underwriting mortgage business and managing the portfolio in assigned branch/location. The role involves reviewing and assessing complex loan applications, making decisions or recommending approvals to higher authorities, and maintaining portfolio MIS.

Core Responsibilities
  1. Review and assess a broad range of complex loan applications within defined guidelines and make recommendations or take decisions.
  2. Underwrite proposals as per laid down policies and procedures to honour agreed SLAs and manage city/area business volumes.
  3. Conduct personal discussions with customers to establish credit worthiness and ensure completion of credit/KYC documents and verification- telephonic, field & collateral visits.
  4. Assess income to obligation ratios, loan to value ratios, and maintain in-depth knowledge of rational behind calculation of ratios and its impact on loan performance over long tenures.
  5. Maintain Portfolio MIS, Delinquency MIS and other operations related MIS of the cluster and regularly report the same.
  6. Build and facilitate the best outcomes for clients by building and leveraging effective relationships with third parties.
  7. Take ownership of client queries and use industry knowledge and experience to overcome challenges and solve problems.
  8. Exceed service quality standards and strive for continuous process improvement.
  9. Undertake critical review of the credit proposals with a view to bring out the industry, business, financial, management and facility structure risk contained in the credit proposal.
  10. Ensure collateral and other credit risk mitigation to facilitate the approving authority to take decision on the credit proposal.
  11. Enable quick turnaround time of credit lending proposals for the mortgage business comprising of loan against property, and home loan business in close liaison with the sales team.
  12. Undertake ongoing review of the credit exposures to ensure that the exposure continues to be bankable.
  13. Facilitate critical review and documentation of the proposals and effectively monitor the client & collateral creditworthiness from the pre-sanction to post-disbursement phase & undertaking steps for risk mitigation, whenever required, while ensuring adherence to legal & documentation norms & policies.
  14. Manage the credit underwriting function of his/her branch and facilitate quick turnaround of credit lending proposals for the branch in close liaison with the local credit analysts and sales team.
  15. Follow up and ensure recovery of quick mortality cases between 12-18 MOV.
Required Skills and Qualifications

Qualification: Graduate, Masters/Post Graduate

Certifications: CA/MBA (Preferable)

Benefits

This role offers a unique opportunity to work in a dynamic environment and contribute to the growth of the company.

Others

Please note that the company's budget is not mentioned in this job description.