Credit Head

4 weeks ago


Chennai, India Saaki Argus & Averil Consulting Full time

About Client:

Our client, is a leading NBFC with over 700 branches across India having diversified presence in Mutual Funds, Housing Finance, General Insurance, BPO & Retail distribution of wide array of financial products.


About Role:

The incumbement will be responsible for overall administration & operational responsibility of the credit function by developing robut policies, products and processes that are competitive and inline to the market and customer requirments.


Key Responsibilities:

  • Understand corporate strategy & develop credit policies in line with overall strategy
  • Developing appropriate policies including defined workflows as well as forms, templates, calculators etc aiding the team to work efficiently
  • Ensuring process standardization is achieved by monitoring the credit policies and practices are carried out across all branches in a similar manner.
  • Understanding challenges to reengineer processes including technology adoption for improving process efficacy, while collecting feedbacks and suggestions from the team as well
  • Working with cross functional team to improve the process (technical and legal) with a view to improve customer experience from fulfillment perspective
  • Working with subject matter experts (SME) for policy formulation and or re-engineering whenever required
  • Monitoring high value proposals and carrying out underwriting as and when necessary
  • Analyzing and identifying patterns in credit proposals including product portfolio and delinquencies/NPA etc for the disbursals to re-architect product features
  • Continuously monitoring the product portfolio and performance of each product
  • Managing escalations/deviations in the credit appraisals from the credit team from time to time
  • Monitoring the credit audit teams to understand the deviations and challenges to chalk of necessary action plans
  • Planning, monitoring, reviewing and ensuring the team members are achieving their monthly targets without compromising on the quality of the files/proposals


Candidate Requirement:

  • Graduate and Post-graduation/MBA/CA preferred
  • Training/Certification in financial analysis/risk management preferred
  • 18+ years of experience in the home loan/non home loan/construction finance products/related company with a minimum of 5 years at the leadership role


Location: Chennai



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