Credit Manager

Job Description

Responsible For upholding the piramal Brand by preparing Quality Proof proposal document detailing the loan eligibility as underwriting/Saction procedure for approving/Rejecting Loan Applications Procured by Sales

• Conduct meetings and personal discussion (PD) with customers to understand their business, profile and loan requirement, and visiting business premise, property and residence of customer at the time of PD

• Assess borrowers profiles, repayment capacity and income stability to understand credit worthiness of customer by analysis of all documents, observation & findings of PD

• Analyse all customer related information in line with credit & risk policy to check eligibility

• Understand actual business income & expenses (other than reported income) of customer

• Interpret results of financial analysis, banking analysis and bureau reports

• Study, analyse and interpret legal & technical reports of property and other internal check reports

• Responsible for Underwriting and sanction of Home loan/loan against property files sourced by sales team and preparing the required proposal document detailing the loan eligibility

• Revert on post sanction conditions prior to disbursement based on queries raised by the team

• Provide recommendation on complex cases to supervisors for seeking necessary decision based on deviation/ approval matrix

• Co-ordinate and communicate with different departments

• Maintain TAT as per guidelines

• Adhere to the policy/ process laid out by the Central team on all loan applications being processed

• Closely monitor on non-starters/first EMI bounce trends

• Ensure compliance on all aspects stipulated by company and regulatory committees

• Maintain and report various MIS to monitor portfolio performance and risk

• Continuously improve underwriting capability based on portfolio performance

Key performance indicators

• Disbursement Amount

• Quality of Book

• Business Process

• TAT for File Movement

• Adherence to credit norms & sanctioning conditions