To lead and oversee the end-to-end credit function for Affordable and Prime Housing Loan portfolios, ensuring prudent credit risk management, regulatory compliance, portfolio quality, and scalable credit operations aligned with business growth.

Key Responsibilities:

1. Credit Policy & Risk Management:

- Define, implement, and periodically review Credit Policy, SOPs, and underwriting norms for Affordable and Prime Housing Loans.

- Ensure credit frameworks balance growth, risk appetite, and portfolio quality.

- Approve deviations and policy exceptions within delegated authority.

- Monitor portfolio risk indicators including GNPA, NNPA, ECL, delinquency trends, and early warning signals.

2. Credit Approval & Oversight:

- Provide final sanction/ratification for high-value and sensitive proposals.

- Ensure uniform underwriting standards across all regions and branches.

- Guide credit teams on complex cases including self-employed, informal income, LAP, builder tie-ups, and restructured accounts.

- Review and strengthen loan appraisal quality and documentation standards.

3. Portfolio Monitoring & Control:

- Track portfolio performance across Affordable and Prime segments.

- Coordinate with Collections, Legal, and Recovery teams on stressed accounts.

- Lead credit audits, internal inspections, and regulatory examinations.

- Ensure timely corrective actions on audit observations and risk findings.

4. Regulatory & Compliance

- Ensure full compliance with NHB, RBI, Fair Practice Code, KYC/AML, and other statutory requirements.

- Oversee implementation of regulatory changes impacting credit and underwriting.

- Act as the key interface with auditors, regulators, and risk committees.

5. Business & Stakeholder Alignment

- Partner with Business, Operations, IT, and Legal teams to support sustainable growth.

- Evaluate and approve new products, pricing changes, and credit programs.

- Support digital credit initiatives, LOS/LMS enhancements, and automation.

6. Team Leadership & Capability Building

- Lead, mentor, and develop regional and HO credit teams.

- Define KRAs, performance metrics, and training frameworks for credit staff.

- Drive a strong culture of risk awareness, integrity, and accountability.

Key Skills & Competencies

- Deep expertise in Affordable Housing Loans & Prime Home Loans

- Strong understanding of secured lending, income assessment, collateral valuation

- Excellent risk assessment and decision-making capability

- Strong leadership, stakeholder management, and communication skills

- Analytical mindset with exposure to MIS, portfolio analytics, and ECL models

Qualifications:

- Graduate/Post Graduate in Finance, Banking, Economics, or Management

- Professional certifications (CA, MBA - Finance, CFA) preferred

Experience:

- 15-25 years of overall experience in Housing Finance / Retail Lending

- Minimum 7-10 years in senior credit leadership role

- Proven track record in managing large Affordable & Prime Housing portfolios

Key Performance Indicators (KPIs):

- Portfolio quality (GNPA/NNPA)

- Credit TAT and approval efficiency

- Policy adherence and audit compliance

- Business enablement with controlled risk

- Team productivity and capability development