Branch Credit Manager - Andheri

Sundaram Home Finance; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Sundaram Home Finance Limited is seeking a Branch Credit Officer (BCO) to underwrite and process home loan applications across PAN India, ensuring credit worthiness and policy compliance. You will handle the end-to-end loan process from login to disbursement, review documents for eligibility, perform credit appraisal, and coordinate with sales, operations and legal teams.

The ideal candidate has 2+ years of underwriting experience, solid financial analysis skills, and excellent communication in

Qualifications

• Graduate, MBA or CA preferred with 2+ years in underwriting.
• Strong understanding of home loan products and policies.
• Ability to analyze financial statements and liquidity.
• Excellent written and verbal communication in local language.

Responsibilities

• Credit process management from login to disbursement.
• Review documents for eligibility and genuineness.
• Appraise loans per policy and recommend approvals.
• Interact with customers, sales team, and operations.
• Monitor delinquencies and ensure timely sanctions.
• Coordinate with FI, Legal, Technical, and RCU teams.
• Maintain strict adherence to NHB and regulatory norms.

Skills

Underwriting

Credit analysis

Loan processing

Policy knowledge

Documentation review

Excel proficiency

Stakeholder communication

Financial statement analysis

Education

Graduate/MBA/CA preferred

Tools

MS Excel

Job description

Group Company: Sundaram Home Finance Limited

Designation: Branch Credit officer (BCO)

Office Location:PAN India

Position description: Responsible for underwriting and completing the loan processing by conducting appraisal to ascertain the eligibility and credit worthiness

Primary Responsibilities:

Credit process management

• Understanding of credit policy and process thoroughly including the products available
• Completing the loan application process from login to disbursement by collecting all the required documents as well as clarifying requirements with the customer and sales team
• Scrutinizing the documents shared by the customer to check the eligibility and for accuracy/genuineness of the documents to consider the application for loan eligibility
• Credit Appraisal of Loan applications within defined guidelines and accordingly take decision or recommend for approval to higher authorities.
• Under writing cases with desired level of quality and enabling achievement of Branch Business target by proper training.
• Conduct personal discussion with customers to establish Credit worthiness.
• Use performance history along with financial analysis, liquidity, debt/asset management and profitability ratios to assess creditworthiness in evaluation.
• Interact with Customers & understand the business and regularly monitor delinquencies.
• Decision making within defined TAT
• Understanding of property/collateral related knowledge (like legal title and market value of the property)
• Credit underwriting on the customer to make sure that customer fits into various lending parameters.
• Identifying strengths and risks for any proposal and prepare a SWOT analysis around it.
• Regularly interacting with the FI agency, Legal, Technical team, RCU team for timely reports.
• Coordinating with Operations team for disbursement
• Ensuring maintenance of TAT for the application for processing and delivering sanction letters
• Preparing, managing and providing information/queries on application status pertaining to WIP / sanction files.
• Handling audit queries and providing clarifications
• Ensuring zero tolerance to non-compliances by adhering to organizational procedures as well as NHB and other regulatory authorities
• Completing the loan application process from login to disbursement by collecting all the required documents as well as clarifying requirements with the customer and sales team
• Developing notes for management reviews and recommendation as deemed necessary

Others

• Any other tasks which will be required to be performed from time to time as per the instructions

Reporting Team

• Reporting Designation:Zonal Credit Manager
• Category:Graduate, MBA/CA preferred
• Field specialization:MBA/CA

Required work experience:

• Years of experience: 2+ years of experience in underwriting home loan/non home loan/construction finance products/related companies

Key Performance Indicators:

Required Skills:

• Sound understanding of home loan products in the industry
• Market understanding including products/policies of competitors
• Proficient in underwriting
• Excellent analytical skills including understanding/interpreting financials
• Excellent communication skills (oral and written) with a reasonable proficiency in the local language
• Proven ability to develop and manage networking/relationship internally and externally
• Working experience in using excel/spreadsheets