Retail Credit Manager - Housing Loans

Tata Capital Finance Ltd; Tamil Nadu; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Tata Capital Finance Ltd is seeking a Manager in Retail Credit to underwrite mortgage housing loans and manage the branch portfolio. You will review complex loan proposals, conduct customer discussions, and ensure timely documentation and KYC verification in line with policies.

You will maintain MIS and contribute to risk mitigation while coordinating with sales to accelerate processing and approvals. Strong analytical and decision-making skills are essential.

Qualifications

• Graduate degree required; Master’s degree preferred.
• CA or MBA certifications preferred.
• Strong knowledge of mortgage credit underwriting and KYC standards.

Responsibilities

• Underwrite mortgage proposals within defined guidelines and propose approvals to higher authorities.
• Undertake credit proposal reviews to identify risk and funding conditions.
• Maintain and report Portfolio MIS and Delinquency MIS.
• Interact with customers to collect KYC docs and verify financials.
• Ensure adherence to policy, SLA and documentation norms.
• Support sales teams to enable quick turnaround on mortgage lending proposals.

Skills

Credit underwriting

Customer discussions

MIS reporting

Risk assessment

Portfolio management

Decision making

Education

Graduate

Masters

CA/MBA preferable

Job description

Manager - Retail Credit - Credit - Housing - EM - Chengalpattu - T K M Road - 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)