Manager - Retail Credit - Housing - Credit - Ambala - Prem Nagar - JM

Tata Capital; Ambala; On-site; INR 600,000 - 800,000; Full time

Job summary

Tata Capital in India seeks a proactive Mortgage Underwriter to assess complex loan applications, underwrite proposals, and ensure adherence to policies and SLAs. You will review income, LTV, and credit worthiness, coordinating with sales teams and credit analysts to enable timely approvals.

The role involves maintaining portfolio MIS, monitoring delinquencies, and building strong relationships with customers and third parties while ensuring compliance with KYC norms and documentation standards.

Qualifications

• Graduate or postgraduate degree required.
• CA/MBA preferable.
• Experience in mortgage underwriting or banking risk management is desirable.

Responsibilities

• Underwrite mortgage proposals and manage portfolio in assigned branch/location.
• Review complex loan applications and recommend for approval to higher authorities.
• Ensure compliance with policies, SLAs, and KYC/documentation norms across the loan cycle.

Skills

Credit underwriting

Credit risk assessment

MIS reporting

Customer discussions

Education

Graduate degree

Master's degree

Job description

Job Description:

• To underwrite mortgage business and manage the portfolio in assigned branch/location
• Review and assess a broad range of complexloan applications within defined guidelines and accordingly take decision or recommend for approval to higher authorities.
• Under write proposals as per the laid down policies & procedure to honour the agreed SLAs and manage city/area business volumes.
• Conduct personal discussion with customers to establish credit worthiness and ensure completion of credit/KYC documents and verification- telephonic, field & collateral visits.
• Assess income to obligation ratios, loan to value ratios, in depth knowledge of rational behind calculation of ratios and its impact on loan performance over long tenures.
• Maintain Portfolio MIS, Delinquency MIS and other operations related MIS of the cluster and regularly reporting the same.
• Build and facilitate the best outcomes for clients by building and leveraging effective relationships with third parties
• Take ownership of client queries and use industry knowledge and experience to overcome challenges and solve problems
• Exceed service quality standards and strive for continuous process improvement
• Undertake critical review of the credit proposals with a view to bring out the industry, business, financial, management and facility structure risk contained in the credit proposal.
• Ensure collateral and other credit risk mitigation to facilitate the approving authority to take decision on the credit proposal.
• Enable quick turnaround time of credit lending proposals for the mortgage business comprising of loan against property, and home loan business in close liaison with the sales team.
• Undertake ongoing review of the credit exposures to ensure that the exposure continues to be bankable.
• Facilitate critical review and documentation of the proposals and effectively monitor the client & collateral creditworthiness from the pre sanction to post disbursement phase & undertaking steps for risk mitigation, whenever required, while ensuring adherence to legal & documentation norms & policies
• Manage the credit underwriting function of his/her branch and facilitate quick turnaround of credit lending proposals for the branch in close liaison with the local credit analysts and sales team.
• Follow up and ensure recovery of quick mortality cases between 12 -18 MOV.

Qualification: Graduate, Masters/Post Graduate

Certifications: CA/MBA (Preferable)