Area Credit Manager - Construction Finance

Key Responsibilities: -

- Managing overall credit and risk functions for the areas/locations assigned to him/her.

- Responsible for processing and underwriting of Construction Finance deals as per credit policy.

- Maintaining defined TATs for approval.

- To facilitate business team, achieve monthly/annual business targets.

- To ensure adherence to credit policy and defined processes, TAT management, PD management, CAM quality and Fraud Risk Management.

- Inputs for designing and implementation of credit policy and programmes, new initiatives, periodical changes in credit policy and programmes based on the inputs provided by sales team and market feedback, providing inputs on product and policy being followed by competitors in the market.

- To maintain the Portfolio Quality & being responsible for collections, delinquency and NCL management.

- Visit Builder Sites/Client Sites and prepare and submit report on project completion /client's business activity/neighbour/customer feedback etc.

- Responsible for PDD monitoring and collateral management

- Coordination with Operations team for disbursal and PDD process.

- Monitoring and management of different vendors viz. Legal Agency, Valuation Agency, CPV Agency, FCU Agency, ROC Search Agency or Stock Audit Agency & other agencies as required.

- Vendor TAT management, Vendor Visits, Vendor payments management

- Hiring of credit resources as per manpower budgeting, attrition management and performance management.

- To ensure audit compliance and regulatory compliance for his location/area

- To take reference checks for prospective borrowers from market links and existing lenders

- Coordinating for training programs for credit/sales team, imparting induction training for their subordinates

- MIS management for his vertical

Other Responsibilities (If Any) :-

1. To maintain and keep up with HFCL values/ethos.

2. To ensure completion of adhoc projects as and when required.

Eligibility Criteria for the Job

Education

CA /MBA

Age

Not above 32 years

Work Experience

Minimum 5 years' experience in construction finance credit, rest preferably in SME/

Mortgages segment

Primary Skill

- Credit Risk Analysis

- Sound Local Market Feedback/Network

- Local language proficiency for main language used in region

- MS Office proficiency and understanding of core banking / online systems / software

- Good communication skills

Technical Skills

- Ability to understand financial products and associated risks

- Financial Analysis

- Understanding of regulatory norms

- Knowledge of types of collateral, their acceptability as security and valuation norms for them

- Knowledge of Legal and related framework for the SME/Mortgages/CF segment

Management Skills

- Team Management

- Ability to guide the team of credit analysts for day to day activities

- Engaging with ASM and SM for effective case/ deal management

- Being proactive in portfolio/delinquency management issues for the vertical

Soft Skills

- Presentation skills for taking a credit proposal forward to committee/approving authority

- Communication skills for better management of team and handling escalations