Credit Manager

Work Level: Individual

Core: Communication Skills, Self Motivated, Result Driven

Leadership: Building Work Relationships, Team Alignment, Responsive, Working Independently

Industry Type: Banking

Function: Credit Manager

Key Skills: Credit,Letter oF Credit,Credit Memo,Credit Analyst,Credit Manager,Lap,Loan Against Property

Education: PG/ Master

Note: This is a requirement for one of the Workassist Hiring Partner.

Primary Responsibility:

We are looking for an experienced credit professional to lead and manage the mortgage underwriting function for the region. The role involves credit appraisal, policy formulation, risk management, regulatory compliance, and ensuring portfolio quality across Home Loans and Loan Against Property (LAP).

Credit & Risk Management

• Recommend and approve credit applications in line with approved process workflows, policies, and Delegation of Authority (DOA), while identifying and mitigating all significant risks.
• Monitor delinquency levels and ensure timely follow-ups in coordination with Collections and Business teams to regularize overdues within defined timelines.
• Ensure the quality of the bank's credit exposure remains acceptable at all times across the region.
• Maintain a NIL delinquent book and ensure zero audit lapses or adverse observations.

Market & Regulatory Knowledge

• Possess strong knowledge of the Indian Western market, particularly Mortgage products including Home Loans and Loan Against Property (LAP), with a clear understanding of associated risks.
• Additional knowledge of other regional markets will be an added advantage.
• Apply RBI regulations / MAS guidelines governing credit dispensation, including loan grading, provisioning, and asset classification norms.
• Demonstrate working knowledge of the legal framework applicable to banking operations in India and apply it effectively in credit decisions.

Team & Process Management

• Manage and monitor the regional underwriting team, providing support to achieve business targets.
• Frame and implement lending policy frameworks, processes, and workflows to ensure error-free operations across locations.
• Provide guidance and mentorship to mortgage counselors on credit policy, underwriting standards, and processes.

Company Description

Workassist is an online recruitment and employment solution platform based in Lucknow, India. We provide relevant profiles to employers and connect job seekers with the best opportunities across various industries. With a network of over 10,000+ recruiters, we help employers recruit talented individuals from sectors such as Banking & Finance, Consulting, Sales & Marketing, HR, IT, Operations, and Legal.

We have adapted to the new normal and strive to provide a seamless job search experience for job seekers worldwide. Our goal is to enhance the job seeking experience by leveraging technology and matching job seekers with the right employers.

For a seamless job search experience, visit our website: https://bit.ly/3QBfBU2

(Note: There are many more opportunities apart from this on the portal. Depending on the skills, you can apply for them as well).

So, if you are ready for a new challenge, a great work environment, and an opportunity to take your career to the next level, don't hesitate to apply today. We are waiting for you!