Manager - Credit - Loan Against Property Loan

Job Description:

As a Senior Credit Analyst specializing in Loan Against Property (LAP), your responsibilities will revolve around the comprehensive evaluation of credit proposals, ensuring adherence to risk management protocols, and maintaining operational efficiency.

Key aspects of the role include:

Credit Evaluation:

- Thoroughly assess credit proposals, encompassing financial, business, and industrial risks, to make informed decisions regarding LAP loans.

- Act as the field Primary Data (PD) collector and hold sanctioning authority, ensuring compliance with internal policies and regulatory requirements.

Promoter Verification:

- Verify the track record of promoters and stakeholders to determine their creditworthiness and assess their ability to fulfill loan obligations.

Financial Analysis:

- Conduct detailed analysis of prospective customers' financial statements to gauge their short-term and long-term solvency and liquidity positions, mitigating risk exposure.

Risk Management:

- Monitor and manage bounce rates and delinquencies, ensuring they remain within acceptable standards to safeguard the financial health of the portfolio.

Operational Efficiency:

- Enforce approval rates and Turnaround Time (TAT) benchmarks to optimize operational efficiency and enhance customer satisfaction.

Branch Audit Compliance:

- Oversee and ensure satisfactory monthly branch audit scores, maintaining compliance with internal controls and regulatory guidelines.

Vendor Management:

- Manage relationships with vendors involved in the LAP loan process, ensuring smooth collaboration and adherence to service level agreements.

Customer Interaction:

- Conduct customer meetings to evaluate credit proposals, gather additional information, and address any concerns or queries to facilitate informed decision-making.

Post-Disbursement Duties (PDD):

- Track post-disbursement activities, ensuring timely closure of all pending items and adherence to repayment schedules.

Compliance Oversight:

- Ensure compliance with repayment instrument replenishment processes to facilitate regular repayment of EMIs, minimizing default risks.

- This role demands a meticulous and analytical approach, along with strong decision-making skills, to effectively manage credit risks and maintain the quality of LAP loan portfolios.

- Additionally, effective communication and relationship management abilities are essential to engage with stakeholders and ensure seamless operations across all facets of the LAP lending process.