Assistant Vice President/Deputy Vice President - Credit - Housing/Home/LAP

Position Title: AVP/ DVP

Location: CBD Belapur

Job Description:

You will be heading team of two person and have responsibilities similar to any other professional at this level.

Selected person will be placed in Credit departments. Below mentioned are some of the specifications of the role

- Underwriting of Home loan/loan against property files sourced by sales team

- Financial and banking analysis of documents submitted by customer

- Study, analysis and interpretation of repayment track and CIBIL report

- Analysis and interpretation of all customer related information in line with organization policy

- Meeting and personal discussion (PD) with customers to understand their business, profile and loan requirement

- Visiting business premise, property and residence of customer at the time of PD

- Understanding of actual business income & expenses (other than reported income) of customer

- Ability to understand customer business and requirement from their perspective

- Understanding credit worthiness of customer along with intention to repay the loan by analysis of all documents, observation & findings of PD

- Study, analysis and interpretation of legal & technical reports of property

- Study, analysis and interpretation of other internal check reports

- Recommendation of case to supervisor for seeking necessary decision

- Coordinate and communicate with different departments

- Maintaining TAT as per guidelines and taking case to decision point

- Minimal rework/errors as part of underwriting quality

- Adherence to the policy/ process laid out by the Central team on all loan application being processed

- Close monitoring on non-starters/first EMI bounce trends

- Audit compliance on all aspects stipulated by Head Office and regulatory compliance

- Maintaining and reporting of various MIS

Person Profile :

- Full time MBA (Finance)/CA from a reputed Institute

- Minimum 5-7 years of work experience in mortgage industry

- Excellent communication & presentation skills, analytical skills, ability and willingness to learn, self-motivated result orientation are a must

- Proficiency in Excel modeling and document preparation