Area Credit Manager

IIFL Home Loans; Chennai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

IIFL Home Loans in Chennai invites an experienced Credit Underwriter/Area Manager to lead underwriting for home loans and secured retail products. You will supervise credit officers, balance risk with growth, and ensure policy adherence.

Key duties include reviewing CAMs and financials, conducting field visits for high-risk cases, ensuring TAT and first-time-right checks, monitoring delinquency, driving deferrals within SLA, coordinating with legal/tech/ops, and training the team on policy

Qualifications

• Graduate/Post-Graduate in Finance, Commerce, or related field.
• 4–7 years in credit appraisal/underwriting with team handling.
• Strong analytical and financial evaluation skills.
• Knowledge of retail credit and secured lending products.
• Processoriented with compliance focus.

Responsibilities

• Lead area underwriting for home loans/LAP and other secured retail products within DOA.
• Review CAMs, financials, banking surrogates, and collateral; conduct field visits for high-risk cases.
• Ensure TAT adherence and reduce reworks through coaching and first-time-right checks.
• Monitor early delinquency/quality of approved portfolio; provide feedback to sales and policy teams.
• Drive PDD/deferral closure within SLA; ensure maker–checker controls and sample QC audits.
• Coordinate with legal/technical/ops for sanction-to-disbursement and risk mitigation.
• Maintain audit readiness and close observations on time; train team on policy changes.

Skills

Experience in credit appraisal/underwr

Education

Graduate/Post-Graduate in Finance or Commerce

Job description

BM11640=Ambattur, Chennai, Tamil Nadu, India

Regular

Job Description

Job Purpose:

Managescredit appraisal and decisioning for an assigned area/territory. Supervisescredit officers, balances risk with growth and ensures policy adherence.

Key Responsibilities:

• Lead area underwriting (home loans/LAP and othersecured retail products as applicable) within DOA.
• Review CAMs, financials, banking surrogates, andcollateral; conduct field visits for high ‑ risk cases.
• Ensure TAT adherence and reduce reworks throughcoaching and first ‑ time ‑ right checks.
• Monitor early delinquency/quality of approvedportfolio; provide feedback to sales and policy teams.
• Drive PDD/deferral closure within SLA; ensuremaker–checker controls and sample QC audits.
• Coordinate with legal/technical/ops for smoothsanction ‑ to ‑ disbursement andrisk mitigation.
• Maintain audit readiness and close observations ontime; train team on policy changes.

Skills Required:

• Strong analyticaland financial evaluation skills.
• Knowledge ofretail credit and secure lending products.
• Leadership andteam  coaching ability.
• Processorientation and compliance focus.

Educational Qualifications and Experience:

• Graduate /Post‑Graduate in Finance, Commerce, or related field.
• 4-7 years incredit appraisal/underwriting with team handling experience.

Job Snapshot

Updated Date

24-10-2026

Job ID

Job8266

Department

Location

Location BM11640=Ambattur, Chennai, Tamil Nadu, India