Credit Officer-Housing

Darwinbox Digital Solutions Pvt. Ltd.; India; On-site; INR 400,000 - 650,000; Full time

Job summary

Darwinbox Digital Solutions Pvt. Ltd. is seeking a Credit Portfolio Analyst to monitor home loan portfolios at the branch level and ensure TAT for all credit activities within the region.

The role involves detailed financial analysis, due diligence on properties, reference checks, and adherence to RBI/KYC norms, with travel as needed.

Candidates should have 2–3 years of relevant credit experience and a commerce background, and be fluent in local language with basic English reading/writing.

Qualifications

• Graduate, preferably in commerce and related streams.
• 2-3 years experience in Credit LAP/Mortgage Loans/MSME Loans.
• Knowledge of Credit in LAP/Mortgage Loans/MSME Loans including term loans and overdrafts.
• Basic computer knowledge (MS Office, Outlook) / ease of technology usage (tablet/smartphone).
• KYC norms/guidelines for business loans.
• Communication skills - fluent in the local language and can read-write basic English.

Responsibilities

• Carry out detailed business analysis and propose a proposal to the delegated authority.
• Visit case within prescribed TAT.
• Prepare CAM and Financial Analysis for the case.
• Visit neighbors, suppliers, customers for the reference checks.
• Visit property and conduct due diligence in identifying the property.
• Underwrite cases under purview.
• Monitor HL Loan portfolio quality and track HL Loan cases.
• Maintain standard MIS for HL Loan.

Skills

Credit knowledge

LAP Mortgage knowledge

MSME loans

KYC compliance

Financial analysis

Education

Bachelor's in Commerce

Tools

MS Office

Outlook

Tablet/Smartphone usage

Job description

Monitoringof Portfolio of Home Loan for the Branch.

EnsuringProcess and Policies are adhered to.

EnsuringTAT is met for all activities related to credit for the branch.

CO-ordinatewith Distribution/Business.

SIZEOF THE ROLE

FINANCIALSIZE

NON-FINANCIALSIZE

Handlingportfolio from 0.1 Cr to 50 Cr

Supervisingthe monthly disbursement of 1-60 files from the assigned area

EfficientTAT management by credit team

KEYDUTIES & RESPONSIBILITIES OF THE ROLE

Business

Carryout detailed business analysis and recommend a proposal to thedelegated authority.

Visiteach case within prescribed TAT.

PrepareCAM and Financial Analysis for the case.

Visitneighbors, suppliers, customers for the reference checks.

Visitproperty and conduct due diligence in identifying the property

Customer

Knowledgeof customer segments in various markets of India and theirperformance histories.

Knowledgeof negative profiles, negative property types and negativeproperty locations

Knowledgeof property valuation process through vendors and knowledge &keen

interestin monitoring current property price / historical propertyprices.

Meetappropriate customers for understanding of their needs

Conductunderwriting for cases under purview

Pickup EWS for the set of clients in his area

Maintainportfolio quality of the Branch/hub/Cluster as per company norms.

Monitoringand tracking of HL Loan cases.

Maintainvarious standard MIS for HL Loan.

InternalProcess

• AppropriateIntervention to manage ground level risk effectively.
• Ensureadherence to RBI regulations on documentation and KYC compliance.
• LUCand periodic loan monitoring framework

Learning& Performance

• Maintainup to date knowledge of HL and other related products.
• Upgradeself about changes happening in the market.
• Networkingwith other NBFCs/Banks to have a deeper understanding of theIndustry and its perspectives

MINIMUMREQUIREMENTS OF KNOWLEDGE & SKILLS

Educational

Qualifications

Graduate,preferably in commerce and related streams

Experience(Yearsand Core Experience Type)

Preferredexperience of 2-3 years in Credit LAP/Mortgage Loans/MSME LoansLoan products.

Certifications

NA

FunctionalSkills

Knowledgeof Credit in LAP/Mortgage Loans/MSME Loans including term loansand overdrafts

BusinessAnalysis Skills

BasicComputer knowledge (MS Office, Outlook) / Ease of technologyusage (tablet/smartphone)

KYCnorms/guidelines for business loans

BasicKnowledge of security- hypothecation and mortgage

CommunicationSkills - fluent in the local language & can read-write basicEnglish

BehavioralSkills

Timemanagement

Customerrelations management

Achievement/performanceoriented

Possessesgood interpersonal skills

Willingnessto travel & relocation as per business requirements andcareer opportunities

KEYINTERACTIONS

INTERNAL

EXTERNAL

RelationshipOfficers

LoanOfficers

Customers

Note: Please donot add immediate supervisors/reportees to the list of internalinterface