Tirupati
Posted 2 weeks ago
About the Company:
A leading microfinance institution.
Job Summary:
The position is responsible for assessing loan applications and making an informed lending decision for a customer based on creditworthiness and the probability of repayment. Ensuring the implementation of the company’s credit policy.
Reporting To: Zonal Credit Manager
Job Responsibilities:
- Review documentation for verification of income/assets.
- Managing Credit appraisers & Underwriters for assigned Area/Branch/Locations.
- Review and approve loans in a timely manner.
- Refer loans outside of the approving limits to the Zonal Credit Manager & management for approval.
- Monitor periodic Credit reviews.
- Monitor & maintain a quality portfolio of the given Region.
- Manage the relationship with the regional business team.
- Provide regular training & support to the credit team & other stakeholders.
- Ensure proper documentation of credit files.
- Files to be processed and decisioned within TAT.
- Suggest a change in requirements in the credit process to the Zonal Credit Manager.
- Ensuring maintenance of all records & books as per the requirement.
- Compliance with norms and Audit requirements.
- Vendor Management.
Requirements:
- Graduate, Postgraduate.
- 10+ years’ experience in a similar role.
- Age Criteria: <40 yrs
- Languages to be known: Telugu, English.