Credit Head - NBFC - Secured Lending/LAP

Credit Head - NBFC - Secured Lending/LAP

Job Title : Credit Head (NBFC)

Location : Mumbai, MH

Product : Secured Lending / Mortgage Loans / LAP

Budget : 30 LPA Fixed

Job Type : Full-time (On-site)

Role Overview :

As the Credit Head, you will be responsible for overseeing all aspects of the credit function, ensuring the quality and profitability of our lending portfolio. You will lead a team of credit professionals, working closely with business development, risk management, and finance teams to develop and implement credit policies, procedures, and strategies. Your expertise will be crucial in maintaining a healthy portfolio, mitigating credit risk, and ensuring compliance with regulatory requirements. This role directly impacts the organization's financial stability and growth by ensuring sound lending practices and effective risk management.

Key Responsibilities :

- Develop and implement credit policies and procedures to ensure sound lending practices and compliance with regulatory requirements.

- Lead and manage the credit team, providing guidance, training, and performance feedback to ensure optimal performance and professional development.

- Oversee the credit appraisal process, ensuring thorough analysis of borrower financials, creditworthiness, and collateral valuation.

- Monitor the credit portfolio, identifying potential risks and implementing mitigation strategies to minimize losses.

- Manage credit control activities, including timely collection of dues and effective recovery of delinquent accounts.

- Prepare and present credit risk reports to senior management, highlighting key trends, risks, and opportunities.

- Collaborate with business development teams to structure loan products that meet customer needs while adhering to credit risk guidelines.

- Ensure compliance with all applicable laws and regulations related to credit operations and risk management.

Required Skillset :

- Must be a qualified Chartered Accountant (CA).

- 15+ years of experience in credit management.

- Strong background in Non-banking Financial Companies (NBFCs) and solid experience in LAP.

- Demonstrated ability to develop and implement credit policies and procedures that align with business objectives and regulatory requirements.

- Proven ability to lead, mentor, and motivate a team of credit professionals to achieve high performance and professional growth.

- Strong analytical skills with the ability to conduct thorough credit appraisals, assess borrower financials, and evaluate collateral.

- Excellent understanding of credit risk management principles and techniques, including risk identification, assessment, and mitigation.

- Expertise in credit control activities, including collection strategies, recovery processes, and legal remedies.

- Proficient in financial reporting and analysis, with the ability to prepare and present credit risk reports to senior management.

- Exceptional communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.

- Adaptability to work in a fast-paced, dynamic environment, with the ability to manage multiple priorities and meet deadlines