Credit Policy Multi Product - Rural

We have a job opening with one of our leading client in Mumbai.

JOB RESPONSIBILITIES:

Policy and Process Framework-

- Define, document and circulate Credit policy and process in accordance with ROC approved guidelines.

- Interaction with business and allied teams to incorporate changes.

- Track and react to external influence on portfolio- Bureau/rating agencies.

- Do periodical stress tests to ensure necessary actions are taken in markets having sharp movement in real estate prices.

Portfolio Management-

Align / alter policies in line with –

- Loss forecast, track portfolio performance basis the loss plan

- Business forecast – balance the business and loss forecast, calibrate policies to achieve management numbers.

- Portfolio management activities – based on collection feedback.

- Identify and act upon various risk arising out of credit/process activities.

- Risk mitigation – bureau / rating agencies/collection reports to be reviewed

People / Team-

- Effective training and timely communication of policy changes

- Manage and supervise direct reports (if any)

Process / Quality Improvement-

- Process adherence as measured by audit ratings, FTR score and TAT are key deliverables.

- Quality as measured by delinquency, bounce rates and loss numbers are key deliverables

Expertise required/ Domain Knowledge:

- Extensive knowledge of Tier 4 and rural geography markets in unsecured and secured segment, rich on-field experience in underwriting.

- Exposure to multiple geographies and location specific considerations.

- Ability to take wholesome view and deduce patterns arising out of various actions.

- Flair for numbers and an ability to understand processes read balance sheets and understand customer business models.

- Systematic & Meticulous and Ability to perform under pressure.

- Good analytical & logical abilities and Good communication.

- High resilience, energy & initiative.

- Demonstrate core company values, including high integrity and ethics.

- Result / achievement orientation.

Key Product experience:

- Two-wheelers

- Unsecured PL & Business Installment Loan

- Small CV financing

- Rural Mortgages

- JLG product