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04/03 Bhumika
Managing Partner at Kairos Consulting India

Views:955 Applications:171 Rec. Actions:Recruiter Actions:136

Credit Policy Head - SME Loans (6-10 yrs)

Mumbai Job Code: 804981

JOB PURPOSE:

- Primary accountability for the definition, setup, and adherence to credit policies for SME lending products

- Focus on creating an industry-leading credit policy and digital onboarding/underwriting process to provide quick approval TAT for various SME loans with an eye on market and competition

PRINCIPAL ACCOUNTABILITIES:

Credit decision making

- Build the new Credit function, including people, processes, policies, procedures, rules, models for the SME lending product

- Review credit strategies, products, policies and procedures on a regular basis, and recommend amendments to the Board

- Ensure clear communication and adherence of credit decisions to the sales network

- Liaise with Compliance and Legal departments to ensure all relevant regulatory and governance requirements are met

- Ensure implementation of learning and development programs for Credit Managers to institute culture of credit writing excellence, and for Sales team to ensure stringent sourcing

- Implement departmental policies, systems, and procedure so that all relevant procedural/ regulatory requirements are fulfilled while delivering a quality and cost-effective service

- Analyze various portfolio trends and bureau data for future trends for effective decision making

- Effective interaction with business partners across functions including risk, technology, product management amongst others

Digital Credit Underwriting

- Ideate and help launch next-generation lending products and underwriting methods that will drive the next round of innovation and disruption within SME lending space

- Institute high degree of automation in credit decision process required in a digital lending platform, to achieve STP

Credit Monitoring & Communication and reporting

- Ownership of portfolio quality and performance by continuously monitoring portfolio health

- Work closely with CE for effective external communication and responding to any enquiries from RBI or any other regulatory / statutory body

- Setup a strong portfolio governance mechanism and periodically review the same.

SKILLS AND KNOWLEDGE

Educational Qualifications : MBA finance or CA

Functional Skills

N/A

Relevant and total years of Experience

- Minimum 6 years in finance industry with at least 6-8 years with proven track record of managing credit policies from design to implementation at senior management levels

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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