Credit Manager-Mortgage Rural

IDFC FIRST Bank; Jagtial; On-site; INR 600,000 - 1,000,000; Full time

Job summary

IDFC FIRST Bank in Jagtial is looking for a Credit Manager in Mortgage. The role involves managing the credit application process from login to disbursement, while ensuring adherence to credit policies and maintaining portfolio quality.

The ideal candidate will have at least 2 years of experience in credit, conducting customer discussions, and overseeing document completion and verifications. They will also recommend process improvements to enhance service efficiency.

Qualifications

• 2+ years of experience in credit.

Responsibilities

• Responsible for underwriting secured and unsecured proposals for loan customers.
• Conduct personal discussion with customers to establish credit worthiness.
• Ensure completion of credit/KYC documents and verification.
• Review and approve credit proposals and monitor retail credit portfolio performance.

Education

Graduation (Any Field)

Job description

Job Requirements

Job Title: Credit Manager – Mortgage Rural
Business Unit: Retail Banking
Function: Credit - Mortgage

Job Purpose

The role bearer's responsibilities entail managing the entire credit application process, right from login to disbursement for Mortgage products. The role bearer is involved in managing the quality of the portfolio. The role bearer will be in direct contact with the consumers in order to establish their creditworthiness, ensuring completion of verifications and adhering to the guidelines set as per the company credit policy. The execution of these tasks must be accomplished in such manner which is both sales supportive and risk averse contributing to the larger organizational objectives of the bank.

Roles & Responsibilities

• Responsible for underwriting secured and unsecured proposals for loan customers as per the laid down policies & procedure to honor the agreed SLAs and manage area business volumes.
• Conduct personal discussion with customers to establish credit worthiness.
• Control and contain front-end delinquencies by calling up customer on first presentation.
• Ensure completion of credit/KYC documents and verification - telephonic, field & collateral visits.
• Coordinate with sales to achieve targets and ensure SLAs are met.
• Ensuring credit policy adherence to the accepted standards.
• Collaborate with Collections to drive down the net credit loss and delinquency metrics by ensuring that trends on delinquent customers are identified and communicated to the Collections team in order to take corrective action through new sourcing.
• Review and approve credit proposals given the discretionary authority and escalated others to those with the appropriate approval authority while ensuring compliance with the bank’s credit policy.
• Monitor and review the performance of the retail credit portfolio on a regular basis, providing recommendations for adjustment where necessary. Contribute to portfolio management programs i.e. limit increases, loan postponements etc.
• Recommend process changes in order to improve service efficiency and quality across the assigned area.
• Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high-quality customer service.

Educational Qualifications

Graduation (Any Field)

Experience

2+ years of experience in credit.