Credit Head

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

Remote Work :

No