National Credit Head - Mortgages - NBFC

Hiring for a renowned NBFC

Job Purpose :

The role is responsible for Underwriting complex i.e. transactions with higher level of deviations and high value transactions both during sanction and disbursement stage, review declined transactions or re-appealed by branches regularly to avoid loss of business, review the credit exposures to ensure that the exposure continues to be bankable and Meet clients, channel partners, vendors and underwrite proposals

Job Context :

- National Credit Manager - Mortgages is responsible for ensuring the smooth and institutionalized flow of the Mortgage proposals at all the Branches in his zone. He is also responsible for continuous improvement in credit approval process to meet the dynamic business needs, co-ordination with RMs, clients, and other agencies to improve upon TATs and instituting mechanisms for complete safety of financed amount and timely regularization of margin shortfall.

- Each of the above discussed mortgage solution to the customer has broadly two processes - Sanction process and the disbursement process followed by post disbursal documentation if any. Customer in Salaried, Self employed professionals and Self employed non professionals are catered to in these products, hence challenges of funding as an employee and an employer needs to be assessed in the proposals.

Key Result Areas :

1) Portfolio Quality (P&L Impact)

- Increase in business volumes and right quality of clients are onboarded with desired yield across the country

- No revenue leakage.

- Devise strategy to monitor post disbursement documentation and early delinquencies

2) TAT / Process improvement /Cost control

- Formulate processes for TAT improvement, process efficiency & cost control. Maintaining the desired SLAs for the risk mortgage function.

- Keep reviewing the existing processes, gather insights from the competition along with inputs from Risk-Retail Head and formulate strategies for continuous improvements of process

3) Regulatory / compliances (RBI, auditors)

- Devise and strategize mechanisms to Ensuring data integrity - accurate reporting as per regulatory and auditor requirements.

4) Regular monitoring and Communication of Market updates

Train & Guide the team on of various policy documents, market updates and changes in the organization strategy to achieve the desired end result.

Shruthi
Skillventory