Credit Policy Role - Farmer Loans - NBFC

JOB PURPOSE:

- Primary accountability for the definition and adherence to credit policies for Farmer loans & warehouse financing products

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

PRINCIPAL ACCOUNTABILITIES :

Credit decision making :

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

- 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

- Support in 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 the rural 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.