IndusInd Bank - Regional Credit Manager - LAP

Description

Job Overview

We are seeking an experienced and result-oriented Regional Credit Manager to oversee credit appraisal, underwriting, portfolio monitoring, and risk management activities for the assigned region.

The ideal candidate will be responsible for ensuring high portfolio quality, adherence to credit policies, and effective management of credit operations while leading a team of credit managers. The role requires strong analytical skills, leadership capabilities, and extensive experience in secured lending products such as LAP and other retail or business loan products.

Key Responsibilities

Credit Appraisal & Underwriting

- Manage end-to-end credit appraisal and underwriting processes for the assigned region.

- Evaluate loan proposals, financial statements, risk parameters, and customer profiles for sanctioning credit cases as per company norms.

- Prepare and review credit proposals for Loan Against Property (LAP) and other lending products based on regional business requirements.

- Ensure accurate risk assessment and decision-making aligned with organizational credit policies.

Portfolio & Risk Management

- Monitor the overall portfolio health and identify risk trends within the assigned asset segments.

- Ensure portfolio quality is maintained at the highest standards with delinquency and default rates under control.

- Conduct periodic portfolio reviews and provide timely feedback to sales and business teams regarding risk observations and corrective measures.

- Take proactive measures to mitigate credit and operational risks.

Policy Compliance & Governance

- Implement and ensure adherence to the organizations credit policy and compliance framework across regional branches.

- Monitor compliance with the Authority Matrix and internal approval processes.

- Coordinate with internal stakeholders to ensure audit readiness and regulatory compliance.

- Recommend improvements in credit processes and policy frameworks based on market and portfolio analysis.

Team Management

- Lead, mentor, and manage a team of credit managers and credit analysts within the region.

- Ensure effective allocation of responsibilities and performance management of the team.

- Support team members with guidance on complex credit cases and underwriting decisions.

- Conduct regular training and knowledge-sharing sessions to improve team capability.

Vendor & Stakeholder Management

- Review and monitor the service quality of vendors and external agencies associated with credit operations.

- Collaborate closely with sales, operations, legal, and collections teams to ensure smooth business functioning.

- Maintain strong coordination with branch teams for efficient credit processing and portfolio management.

Required Skills & Qualifications

- Graduate in any discipline; MBA in Finance or Chartered Accountant (CA) preferred.

- 8-10 years of experience in credit underwriting, risk assessment, and portfolio management.

- Strong experience in LAP and other retail/commercial lending products.

- Sound understanding of credit policies, financial analysis, and risk evaluation.

- Experience in handling regional credit operations and managing credit teams.

- Strong analytical, decision-making, and problem-solving skills.

- Excellent communication, stakeholder management, and leadership abilities.

- Proficiency in credit appraisal tools, financial statement analysis, and MS Office applications.

- Ability to work in a fast-paced and target-driven environment.

Preferred Candidate Profile

- MBA with specialization in Finance or Chartered Accountant.

- Prior experience in NBFC, Banking, Housing Finance, or Financial Services industry preferred.

- Strong knowledge of regional market dynamics and credit risk trends.

- Ability to balance business growth with risk control measures.