Specialist-Credit Vehicle Finance

Ujjivan Small Finance Bank; Bengaluru; Presencial; INR 600.000 - 800.000; Jornada completa

Descripción de la vacante

Ujjivan Small Finance Bank Ltd. is seeking a Specialist-Credit Vehicle Finance to underwrite Two Wheeler loans up to Rs.2.75 Lakh and coordinate with regional teams. The role emphasizes credit risk analysis, policy compliance, and process improvements across the Vehicle Finance sub-department.

The incumbent will train vendor and sales teams, maintain MIS, and drive TAT across the organization while staying updated on product performance and industry trends.

Formación

• MBA or Graduation in Business management / Finance.
• Proficient in analyzing financial statements and credit risk.
• Strong communication and presentation skills.
• Experience in underwriting credit and interacting with multiple teams.

Responsabilidades

• Underwrite Two Wheeler loans up to Rs.2.75 Lakhs and recommend to National Credit Manager.
• Interact with Regional Business Teams and other departments to ensure smooth processing.
• Analyze credit risk and ensure RBI/compliance guidelines are followed.
• Train and mentor Credit/Vendor teams and monitor TAT for sanction process.

Conocimientos

Team Coordination

Communication Skills

Financial statement interpretation

Bureau Reports understanding

Analytical skills

Educación

MBA or Graduation in Business Management/Finance

Herramientas

MS Office

Descripción del empleo

POSITION DESCRIPTION

JOB TITLE : Specialist-Credit Vehicle Finance

GRADE : M

DEPARTMENT : Credit

LOCATION : HO

SUB-DEPARTMENT : Vehicle Finance

TYPE OF POSITION : Full-time

REPORTS TO : Manager - Credit

REPORTING INTO

NA

ROLE PURPOSE & OBJECTIVE

• Underwrite Two Wheeler loans up to Rs.2.75 Lakhs and recommend to National Credit Manager wherever necessary
• Requires regular interaction with Regional Business Teams and other departments
• Proven business acumen in understanding financial requirements and analyzing the credit / risk involved in compliance with the rules laid down by various governing bodies and RBI.
• Established credibility in spearheading development of process with key focus on bottom line profitability by ensuring optimal utilization of resources within set parameters and operational analysis.
• To interact with Customers, Agencies and vendors to understand the requirement as well as to monitor delinquencies / infants decision making within defined TAT.
• Analyzing early mortality of loan decision so as to implement corrective actions for further decision making.
• Providing proper training to business enhancement units and vendors regarding credit requirement.
• Determined and documented underwriting conditions, credit risks, mitigating factors and communicating requirements and / or decisions
• Maintain up to date knowledge of the product, performance in the geography and industry trends
• Work in close co-ordination with Sales, Product and IT team and should be a solution provider to all stakeholders regarding the product
• Should be custodian of all MIS to track sanction process and drive TAT across organization.
• SIZE OF THE ROLE

FINANCIAL SIZE

NON-FINANCIAL SIZE

• 25 Cr
• NA
• KEY DUTIES & RESPONSIBILITIES OF THE ROLE

Business/ Financials

• Maintain up to date knowledge of the product, performance in the geography and industry trends and suggest Policy adjustments required.
• Underwrite TW loans upto 2.75 lacs and comply with the credit policy and process
• Responsible for portfolio quality of the loans underwritten for 12 months of booking
• Ensure that the company on-boarding process is in line with organization’s Policy

Customer (Both Internal & External)

• Empanel, train and track TAT of vendors involved in Contact point verification / Processing of TW Loan Files.
• Train Credit / Sales Teams on error rates and clarify their doubts regarding policies if any
• Identify, draft, develop and implement processes, policies and guidelines to analyze the performance of existing clients’ loans and products to optimize cost, reduce process time and reduce risks

Internal Process

• Ensure Decisions on loan applications as per credit approval grid, deviation matrix and bureau matrix are uniform across organization.
• Ensure uniformity in understanding of Policy across organization by checking Files / data crunching at regular intervals and sending feedbacks.
• Custodian for product, process and Policy in designated region and should ensure the same is regularly tweaked basis intelligence received from various regulators, economic conditions, Vendors, competitors and portfolio reviews etc.

Innovation & Learning

• Open to travel to dealers, Customer places, branches etc. to understand the ground reality in order to bring up the industry knowledge
• Stay updated with the industry practices and lending landscape by interacting with representatives of different organizations, consultants etc.
• Manage, train, up-skill, motivate, retain and recruit staff
• Provide for ongoing training of the Credit Vetting staff
• Maintain up to date knowledge of the product and the performance of geography
• Share feedback on policies and new Initiatives based on the Field Visit and Experience
• Critical observation while processing the applications to be shared and case studies to be prepared
• Impart training to newly inducted employees in the Sales / Credit team
• MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational

Qualifications

• MBA or Post-graduation or Graduation in Business management / Finance
• Preferred Languages: English, Hindi and proficiency in one regional language

Experience(Years and Core Experience Type)

• 3-5 years of experience in underwriting Commercial /Used Car Loans.
• Relevant experience in Underwriting Two Wheeler, Commercial Vehicles, Used Cars, Tractor etc.

Certifications

• NA

Functional Skills

• Team Coordination
• Communication and Presentation Skills
• Proficient in observing / interpreting Financial statements/documents
• Understanding Bureau Reports
• Customer and Risk Assessment
• Strong Analytical and Interpretation skill
• Strong computer skills - Word, Excel, PowerPoint

Behavioral Skills

• Excellent communication skill in multiple Languages, with proficiency in Hindi and English
• Strong Interpersonal skills, Ability to manage relationships both internally and externally
• Training skills and Co-ordination skills
• Good Vehicle discipline and planning
• Accuracy and attention to detail
• Pro-activeness and initiative taking
• Flexible to support business

Competencies

• NA
• KEY INTERACTIONS

INTERNAL

EXTERNAL

• Relationship Officer / Business Manager – Vehicle loans
• FCU Manager – FCU Reports
• Cluster Sales Manager – Vehicle Loan
• RSM – Vehicle Loan
• ACM – Vehicle Loan
• Statutory Auditors
• Vendors- Legal, Technical, Fintech
• Customer
• FCU Agency
• Verification Agencies (CPV/FI)
• Processing Agencies (CPA)
• Banks and NBFC’s

Date

PREPARED BY:

REVIEWED BY: Santosh Kumar

DATE: 02-02-2024

LAST UPDATED BY: TM Team

DATE: 02-02-2024