Credit Policy Head - SME Loans

JOB PURPOSE:

- Primary accountability for the definition, setup, and adherence to credit policies for SME lending products

- Focus on creating an industry-leading credit policy and digital onboarding/underwriting process to provide quick approval TAT for various SME loans with an eye on market and competition

PRINCIPAL ACCOUNTABILITIES:

Credit decision making

- Build the new Credit function, including people, processes, policies, procedures, rules, models for the SME lending product

- Review credit strategies, products, policies and procedures on a regular basis, and recommend amendments to the Board

- Ensure clear communication and adherence of credit decisions to the sales network

- Liaise with Compliance and Legal departments to ensure all relevant regulatory and governance requirements are met

- Ensure implementation of learning and development programs for Credit Managers to institute culture of credit writing excellence, and for Sales team to ensure stringent sourcing

- Implement departmental policies, systems, and procedure so that all relevant procedural/ regulatory requirements are fulfilled while delivering a quality and cost-effective service

- Analyze various portfolio trends and bureau data for future trends for effective decision making

- Effective interaction with business partners across functions including risk, technology, product management amongst others

Digital Credit Underwriting

- Ideate and help launch next-generation lending products and underwriting methods that will drive the next round of innovation and disruption within SME lending space

- Institute high degree of automation in credit decision process required in a digital lending platform, to achieve STP

Credit Monitoring & Communication and reporting

- Ownership of portfolio quality and performance by continuously monitoring portfolio health

- Work closely with CE for effective external communication and responding to any enquiries from RBI or any other regulatory / statutory body

- Setup a strong portfolio governance mechanism and periodically review the same.

SKILLS AND KNOWLEDGE

Educational Qualifications : MBA finance or CA

Functional Skills

N/A

Relevant and total years of Experience

- Minimum 6 years in finance industry with at least 6-8 years with proven track record of managing credit policies from design to implementation at senior management levels