Credit Manager-Mortgage Rural

IDFC FIRST Bank


Date: 1 day ago
City: Ongole, Andhra Pradesh
Contract type: Full time
Job Requirements

Role/Job Title: Credit Manager - Mortgage Rural

Function/Department: Rural Banking

Job Purpose

The role bearer's responsibilities entail managing the entire credit application process, right from login to disbursement for Mortgage products. The role bearer is involved in development and implementation of credit policy initiatives and managing the quality of the portfolio. The role bearer will be in direct contact with the consumers in order to establish their credit, worthiness, ensuring completion of verifications and adhering to the guidelines set as per the company credit policy. The execution of these tasks must be accomplished in such manner which is both sales supportive and risk averse contributing to the larger organizational objectives of the bank.

Responsibilities

Roles & Responsibilities:

  • Responsible for underwriting secured and unsecured proposals for loan customers as per the laid down policies & procedure to honor the agreed SLAs and manage area business volumes.
  • Supervise a team of credit underwriters and provide guidelines.
  • Conduct personal discussion with customers to establish credit worthiness.
  • Control and contain front-end delinquencies by calling up customer on first presentation.
  • Making sure completion of credit/KYC documents and verification- telephonic, field & collateral visits.
  • Coordinate with sales to achieve targets and ensure SLAs are met.
  • Ensuring credit policy adherence to the accepted standards.
  • Collaborate with Collections to drive down the net credit loss and delinquency metrics by ensuring that trends on delinquent customers are identified and communicated to the Collections team in order to take corrective action through new sourcing.
  • Review and approve credit proposals given the discretionary authority and escalate others to those with the appropriate approval authority while ensuring compliance with the bank’s credit policy.
  • Monitor and review the performance of the retail credit portfolio on a regular basis, providing recommendations for adjustment where necessary. Contribute to portfolio management programs i.e. limit increases, loan postponements etc.
  • Recommend process changes in order to improve service efficiency and quality across the assigned area.
  • Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high-quality customer service.

Managerial & Leadership Responsibilities

  • Monitor key parameters on productivity, hiring quality and attrition rates and make necessary improvements.
  • Champion IDFC First's customer first culture by driving the team to take up high degree servicing norms to ensure absolute customer delight.
  • Attract and retain best-in-class talent for key roles in their reporting structure.
  • Drive co-operation with the credit, technology, analytics and risk teams to ensure smooth functioning of business.
  • Partner with Policies team to ensure all decisions are taken within the prescribed framework.

Education Qualification

Graduation: BA / BCom / BBA / BSc / BTech / BE or any other graduate.

Experience: 2 to 5 years of experience in Mortgage credit.

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Ophthalmologist

IndisJob, Ongole, Andhra Pradesh
1 day ago
Job Overview: Ophthalmologist role at m-hub in Ongole . Job Overview:The Ophthalmologist will be responsible for providing high-quality eye care services to patients in the Outpatient Department (OPD) of m-hub located in CR Park, South Delhi. The successful candidate will diagnose and treat various eye conditions, perform surgeries when necessary, and ensure patient satisfaction through compassionate and comprehensive care.Key Responsibilities...

Relationship Manager-Home Loan

IDFC FIRST Bank, Ongole, Andhra Pradesh
3 weeks ago
Job RequirementsRole/Job Title: Relationship Manager-Home loanFunction/ Department: Rural BankingJob PurposeTo deliver a high-quality client service and customer retention.Enhance product sales and new client acquisition.Roles & ResponsibilitiesCreating sales opportunities for self and team members. Acquisition: focus on lending to new customers, championing the purpose of building a large Home loan book with high yield | Book Quality: maintaining portfolio quality |...

Assistant Manager - GL Risk, Audit, RCU & Admin

Bajaj Finserv, Ongole, Andhra Pradesh
3 weeks ago
Location Name: OngoleJob Purpose“This position is open with Bajaj Finance ltd.”MANAGING RISK IN GOLD LOAN BY ENSURING COLLATERAL QUALITY & PROCESS ARE AS PER DEFINED PROCESS IN ALLOCATED REGION.Duties And Responsibilities  PRINCIPAL ACCOUNTABILITIES(Accountabilities associated with the job)Branch visit for Gold verification. Reappraising Gold Purity, weight and content of ornaments pledged at branch.Preparing Monthly reports by consolidating observations.Preparing initial Plan from...