Credit Manager-Loan Against Property

IDFC FIRST Bank; Lucknow; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

IDFC FIRST Bank in Lucknow is seeking a Credit Manager - LAP to evaluate, review, and approve LAP credit proposals within Retail Underwriting. You will lead risk-based decisions and ensure adherence to credit policies while coordinating with sales and other teams.

You will supervise a team of underwriters, conduct customer discussions for creditworthiness, and monitor portfolio quality to minimize delinquencies and ensure regulatory compliance.

Qualifications

• Graduate in any discipline.
• Minimum 2 years of experience in credit underwriting, preferably LAP or retail lending.
• Strong analytical and decision-making abilities, with emphasis on risk evaluation and policy adherence.

Responsibilities

• Underwrite LAP and other loan proposals in line with policies and SLAs.
• Supervise and mentor a team of credit underwriters.
• Conduct customer discussions to assess creditworthiness and validate documentation.
• Minimize delinquencies by proactive customer engagement and risk monitoring.
• Coordinate with sales to meet targets and ensure regulatory compliance.

Skills

Analytical skills

Credit risk

Team leadership

Communication skills

Regulatory compliance

Education

Graduate degree

Job description

Job Description:

Job Requirements

About the Role

The Credit Manager - Loan Against Property (LAP) is responsible for evaluating, reviewing, and approving credit proposals related to LAP products within the Retail Underwriting function. The role involves maintaining agreed service level deliverables, ensuring adherence to credit policies, and managing portfolio quality through regular monitoring and strategic account management. The incumbent will work closely with business teams to align credit decisions with the bank's risk appetite and foster effective interpersonal relationships across teams.

Key Responsibilities

Primary Responsibilities

• Underwrite secured and unsecured loan proposals in accordance with defined policies and procedures, ensuring service level agreements (SLAs) are met.
• Supervise a team of credit underwriters and provide necessary guidance and support.
• Conduct personal discussions with customers to assess creditworthiness.
• Minimize front-end delinquencies by proactively engaging with customers at the first sign of default.
• Ensure completion and verification of credit and KYC documentation through telephonic checks, field visits, and collateral inspections.
• Coordinate with the sales team to meet business targets and maintain SLA compliance.
• Ensure strict adherence to credit policies and regulatory standards.

Secondary Responsibilities

• Monitor portfolio performance and identify early warning signals.
• Track deferrals and renewals and develop appropriate account strategies in collaboration with the business team.
• Maintain strong peer relationships and contribute to a collaborative work environment.

What We Are Looking For

Education

• Graduate in any discipline (mandatory)

Experience

• Minimum of 2 years of experience in credit underwriting, preferably in LAP or retail lending

Skills and Attributes

• Strong analytical and decision-making skills
• In-depth understanding of credit assessment and risk evaluation
• Ability to manage and mentor a team
• Excellent communication and interpersonal skills
• Attention to detail and commitment to compliance