Retail Credit Manager - Housing Loans

Tata Capital Finance Ltd; Chennai; On-site; INR 1,200,000 - 2,300,000; Full time

Job summary

Tata Capital Finance Ltd in Chennai seeks a Manager - Retail Credit to underwrite mortgage business and manage the branch portfolio. You will review complex loan applications, connect with customers for KYC, maintain MIS, and ensure adherence to credit policies while collaborating with the sales team.

This role requires CA or MBA and a strong grasp of risk management in a dynamic retail lending environment.

Qualifications

• Graduate level degree; CA/MBA preferable.
• Experience in mortgage/housing credit underwriting.
• Strong understanding of credit policies and KYC norms.

Responsibilities

• Review and decide on mortgage loan applications per guidelines.
• Underwrite proposals and seek approvals for city/area volumes.
• Conduct customer discussions to assess credit worthiness and verify documents.
• Maintain portfolio MIS and reporting for the cluster.
• Mitigate credit risk through collateral and policy adherence.
• Ensure quick turnaround for mortgage lending proposals with sales.
• Monitor credit exposures and ensure bankable proposals.

Skills

Credit underwriting

KYC documentation

Portfolio MIS

Credit risk assessment

Customer discussions

Education

CA

MBA

Job description

Manager - Retail Credit - Credit - Housing - DM - Chennai - Moti Towers - JM 10795 · To underwrite mortgage business and manage the portfolio in assigned branch/location

Core Responsibilities:

• Review and assess a broad range of complex loan 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)