Retail Credit Manager - Housing Loans

Tata Capital Finance Ltd; Raichur District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Tata Capital Finance Ltd is seeking a Manager - Retail Credit for Housing in Raichur. The role involves underwriting mortgage proposals, assessing creditworthiness, and managing the branch portfolio.

Responsibilities include reviewing loan applications, ensuring compliance with policies, and maintaining MIS for portfolio and delinquencies. Candidates should have Graduate level education, with CA/MBA as preferable qualifications.

Qualifications

• Underwrite mortgage proposals and assess creditworthiness as per policy.
• Conduct discussions with clients to verify KYC/documents and gather income details.
• Review loan proposals including DTIR, LTV and risk factors for sound credit outcomes.
• Maintain branch-level MIS including portfolio and delinquency metrics.

Responsibilities

• Underwrite mortgage proposals and manage portfolio in the assigned branch.
• Review a broad range of loan applications and recommend approvals when appropriate.
• Discuss with customers to verify credit worthiness and complete KYC and documents.
• Assess income-to-obligation ratios and loan-to-value ratios to determine risk.
• Maintain portfolio and delinquency MIS and report regularly.

Education

Graduate, Masters/Post Graduate Certifications : CA/MBA (Preferable)

Job description

Manager - Retail Credit - Housing - Credit - Raichur - Sai Ram Complex - 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)