National Credit Head - Used Car Loan

Responsibilities

1. Credit Risk Assessment: the National Credit Head is to oversee and manage the credit operations related to used car loans on a national level. Lead teams of ZCM/ ACM/ CM Responsible for evaluating the creditworthiness of applicants seeking used car loans.

2. Credit Policy Development: They play a crucial role in formulating and updating the credit policies and guidelines for used car loans. These policies define the criteria for approving or rejecting loan applications, as well as the terms and conditions of the loans. Proficient in credit scorecards.

3. Team Management: Managing a team of credit analysts and underwriters who work on evaluating loan applications. They ensure that the team adheres to the established credit policies and guidelines.

4. Portfolio Management: Monitoring the performance of the existing used car loan portfolio. This involves tracking delinquencies, defaults, and other key performance indicators to identify potential risks and opportunities for improvement.

5. Compliance: Ensuring that all lending practices comply with federal and state regulations, as well as the firm's internal policies and procedures.

6. Strategic Planning: Developing strategies to grow the used car loan portfolio while maintaining acceptable levels of credit risk. This might involve expanding into new markets, refining underwriting criteria, or implementing marketing strategies.

7. Decision Making: Making final decisions on whether to approve or deny loan applications based on the analysis conducted by the credit team.

8. Reporting: Providing regular reports to senior management and stakeholders on the performance of the used car loan portfolio, including key metrics such as loan origination volume, delinquency rates, and profitability.

9. Risk Mitigation: Implementing risk mitigation strategies to minimize losses from defaults, such as collateral valuation and recovery procedures.The National Credit Head for Used Car Loans plays a critical role in managing the credit risk associated with lending to individuals or businesses seeking financing for used vehicles. Their decisions and strategies have a direct impact on the financial health and profitability of the lending institution

Location - Delhi

Qualification - Any Graduate /Post Graduate can apply for this job

Note- Interested candidates can share their resume or can call in 9711096905

Sangeeta Das
Manager - Talent Acquisition