Regional Credit Manager - Mortgage Loans

We are seeking a highly experienced and meticulous Regional Credit Manager - Mortgage Loans to oversee and manage the credit approval process for Loan Against Property (LAP) products within the designated Delhi region.

This critical role involves evaluating loan applications, ensuring strict compliance with credit policies, and maintaining a high-quality portfolio.

The ideal candidate will possess extensive experience in mortgage credit assessment and a strong understanding of risk management in the banking sector.

Key Responsibilities:

- Credit Approval Management: Responsible for managing and overseeing the end-to-end approval process for Loan Against Property (LAP) applications within the assigned Delhi Region.

- Loan Application Evaluation: Conduct thorough evaluation of loan applications, assessing creditworthiness, financial viability, property valuation, and adherence to all lending parameters.

- Policy Compliance: Ensure strict compliance with the bank's credit policies, lending guidelines, regulatory norms (e.g., RBI guidelines), and internal procedures for all LAP sanctions.

- Risk Assessment: Identify, assess, and mitigate credit risks associated with LAP proposals, making informed decisions to maintain a healthy portfolio quality.

- Team Leadership (if applicable): Potentially lead and mentor a team of credit analysts, providing guidance and ensuring consistent application of credit standards.

- Portfolio Quality: Monitor the quality of the LAP portfolio within the region, proactively identifying potential risks and recommending corrective actions.

- Collaboration: Work closely with the sales team to understand business requirements while maintaining credit discipline. Collaborate with legal, valuation, and operations teams for seamless processing.

- Documentation & Reporting: Ensure accurate and complete documentation for all approved loans. Prepare and present credit reports and analyses to senior management.

- Market Intelligence: Stay updated on market trends, property valuations, and economic indicators impacting the mortgage loan segment in the region.

Required Candidate Profile:

- Education: Graduate/Post Graduate in any Finance.

- Experience: 9+ years of experience in Credit functions, specifically within the Mortgage (LAP) segment.

- Credit Expertise: In-depth knowledge of credit appraisal, risk assessment, and underwriting processes for Loan Against Property.

- Regulatory Knowledge: Strong understanding of banking regulations, credit policies, and legal aspects related to mortgage lending in India.

- Analytical Skills: Excellent analytical, financial modeling, and problem-solving skills with a keen eye for detail.

- Decision-Making: Proven ability to make sound credit decisions under pressure.

- Communication: Strong verbal and written communication skills, with the ability to articulate credit decisions and rationale clearly.

- Location: Willingness to work from Delhi