Area Credit Manager Prime LAP

Home Credit; Jaipur; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Home Credit is seeking an LAP underwriter to evaluate and approve Loan Against Property proposals for self-employed and informal borrowers within defined credit policies.

You will assess income surrogates, income sources, property papers, and repayment capacity while ensuring RBI-compliant evaluations and portfolio quality. Collaboration with Sales, Operations, and Product teams will drive efficient underwriting and risk-controlled growth.

Qualifications

• Underwrite LAP proposals for self-employed and informal borrowers as per credit policy and risk framework.
• Adhere to internal credit policies, RBI norms, and regulatory guidelines during loan evaluation.
• Analyze customer financials, income surrogates, banking patterns, property papers, and repayment capacity.
• Track bounce rates, delinquency trends, and early warning signals to maintain portfolio health.
• Collaborate with Operations and Sales to improve TAT and underwriting quality.
• Work with Business Head, Sales, and Product teams to align growth with risk controls.
• Ensure field verifications, de-dupe checks, and property/legal due diligence.
• Support credit governance with MIS, dashboards, and portfolio insights.
• Conduct training and refresher sessions for Sales and DSA teams on credit policies and documentation standards.

Responsibilities

• Underwrite LAP proposals for self-employed and informal borrowers per policy.
• Ensure compliance with RBI norms and internal credit policies.
• Assess income surrogates, banking patterns, and property papers to determine repayment capacity.
• Monitor portfolio health through bounce rates, delinquencies, and EWS indicators.
• Coordinate with Operations and Sales to shorten TAT and improve underwriting quality.
• Collaborate with Business Head and Product teams to balance growth with risk controls.
• Perform field verifications and due diligence on property and legal aspects.
• Prepare MIS and dashboards to support governance and portfolio insights.
• Lead training sessions for Sales and DSA on credit policies and documentation.

Skills

Credit Underwriting

Risk Assessment

Regulatory Compliance

Education

Graduate / MBA / CA preferred

Job description

Objective

To evaluate, underwrite, and approve LAP (Loan Against Property) proposals within defined credit policies for the Prime LAP segment ( 70 Lakhs to 2 Cr ticket size). Ensure balanced credit decisioning while maintaining portfolio quality and minimizing risk.

Key Responsibilties

• Credit Appraisal:
  Underwrite LAP proposals for self-employed and informal borrowers as per defined credit policy and risk framework.
• Policy & Compliance:
  Ensure adherence to internal credit policies, RBI norms, and regulatory guidelines during loan evaluation.
• Income & Risk Assessment:
  Analyze customer financials, income surrogates, banking patterns, property papers, and repayment capacity.
• Portfolio Monitoring:
  Track bounce rates, delinquency trends, and early warning signals (EWS) to maintain portfolio health.
• Process Efficiency:
  Collaborate with Operations and Sales to improve TAT and underwriting quality.
• Business Coordination:
  Work closely with Business Head, Sales, and Product teams to align growth with risk controls.
• Fraud & Risk Mitigation:
  Ensure field verifications, de-dupe checks, and property/legal due diligence.
• MIS & Analytics:
  Support credit governance with relevant MIS, dashboards, and portfolio insights.
• Training & Policy Communication:
  Conduct training and refresher sessions for Sales and DSA teams on credit policies and documentation standards.

Key Mandates

1. Experience: 58 years in Credit Underwriting for Secured Loans (LAP/SME/Housing Finance preferred).

2. Qualification: Graduate / MBA / CA preferred.

3. Domain Expertise: Income surrogate programs, property valuation norms, legal risk assessment, credit risk frameworks, and LOS/digital underwriting systems.

4. Behavioral Skills: Strong analytical decision-making, risk governance mindset, stakeholder management, and ability to deliver under high volume with tight TATs