Head - Credit - Commercial Vehicle & Construction Equipment Loans

Role Overview:

We are hiring a Head Credit for commercial vehicle and construction equipment loans at one of India's most respected NBFCs. The position is based in Chennai, with credit decisions covering all of India.

Roles and responsibilities:

- Decide large and complex loan proposals within your approval limit, ensuring the turnaround time the business needs.

- Monitor delinquency and NPA in the book region by region, assess risk in sectors, markets and borrowers, and implement corrective actions.

- Review stressed accounts and decide on restructuring, recovery or exit strategies.

- Write and update the credit policy for these products, ensuring regional compliance with regulator rules and audit findings.

- Build and mentor credit managers and analysts in the regions through training and file reviews.

- Collaborate with business, collections, legal and operations teams on portfolio management.

- Provide management with portfolio metrics and risk insights through MIS and portfolio reviews.

Performance Metrics:

- Portfolio quality and delinquency control, accuracy of credit decisions, turnaround time on proposals, growth within approved risk appetite, credit losses and NPA reduction, and development of the credit team.

Preferred candidate profile:

- 12 to 22 years in credit, risk management or underwriting, with experience leading a credit team.

- Proven experience underwriting commercial vehicle or construction equipment loans.

- Ability to analyze balance sheets, cash flows and bank statements for proprietors, partnerships, SMEs and corporates.

- Strong risk assessment skills across sectors, industries, markets and borrower behavioral metrics.

- Knowledge of credit policies, regulatory guidelines and risk frameworks.

- Proficiency in financial models, MIS and portfolio analytics.

- CA, CMA or MBA Finance preferred.

- Hindi language skills would be an advantage.

- Based in Chennai, or willing to relocate to Chennai for an all-India role.

Contact:

Please mention your current CTC, expected CTC, notice period, the states your credit approvals cover today and the number of credit managers in your team.