Branch Credit Manager

HDB Financial Services Ltd.; Chennai District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

A financial services company in Chennai is seeking a candidate to evaluate credit proposals and make sound lending decisions. You will analyze financial statements, monitor approval rates, and ensure compliance with repayment standards. The ideal candidate will possess strong skills in managing credit quality, delinquencies, and vendor management. Experience in financial analysis is essential for this role.

Qualifications

• Experience in evaluating credit proposals and financial analysis.
• Ability to monitor approval rates and compliance.
• Strong vendor management skills.

Responsibilities

• Evaluate credit proposals covering financial and business risks.
• Make sound lending decisions and manage credit quality.
• Monitor performance and manage delinquencies and fraud.

Job description

Job Role

• Evaluating credit proposals covering financial, business and industrial risk decisioning of the loan.
• Verifying the promoter’s track record ascertaining their credit worthiness.
• Analysis of the financial statements of the prospective customer to identify the short term long term solvency liquidity position.
• To ensure Bounce Rate and Delinquency are within acceptable standards.
• Monitor and enforce approval rate and TAT as per prescribed standards.
• Monitor and ensure that monthly Branch audit score is satisfactory.
• Vendor Management.
• To conduct customer meeting to evaluate credit proposal.
• PDD Tracking and closure.
• Compliance to repayment instrument replenishment to ensure regular repayment of EMI.

Key Responsibilities

• Credit Decisions Take sound lending decisions based on available information interactions with the applicants.
• Manage credit quality and control delinquencies, frauds.
• Monitoring Performance.
• Managing performance in terms of key drivers i.e. oLoses / Portfolio quality parameters/ Cost of credit administration/ Employee Productivity.