Vice President/National Manager - Credit - Gold Loan Segment - Bank

National Credit Manager (VP)_Gold Loan

Job Description for a Bank

Job Title National Credit Manager - Gold Loan

Department Retail Risk

Grade : VP1/VP2

Location: Mumbai

Reporting Grade : Nation Credit head

A. Position Purpose: The Role is to lead Underwriting team for Gold Loan to the salaried and Self Employed segment including underwriting digital financing products and overall portfolio monitoring

B. Position Responsibilities :

Sr. Key Responsibilities :

1. Appraising proposals for Gold Loans sourced through RBL branch network or otherwise

2. Deploy credit policy which is aligned with business strategy and targeted customer segment

3. Develop various underwriting models using alternate data through AI/ML and build scorecards.

4. Study, Analysis and interpretation of valuation and other check mechanism used in Gold loan lending

5. Continuously improvise underwriting capability based on portfolio performance

6. Actively partner with business heads and structure /arrive at customized solutions

7. Audit compliance on all aspects stipulated by Head office and regulatory compliances

8. Maintaining and reporting of various MIS to monitor portfolio performance and risk monitoring of loan accounts

9. Fulfilling the credit training needs of entire business and credit team

10. Leading, mentoring monitoring the performance of the team members to ensure efficiency in process and operations

11. Creating and sustaining a dynamic environment that fosters development opportunities and motivates high performance among team members

C. Qualifications and Experience Requirement

Qualifications :

Essential : CA/CFA/MBA Finance

Experience :

Essential 10+ Experience in gold loan Industry preferably in bank

D. Competency Requirements :

a. Technical Skills :

Skill Attribute :

- Risk Management Understanding of risk associated with Gold loan lending

- Ability to understand economic /industry cycles

- Knowledge and experience of having dealt with banking product and documentation

- Mortgage Understanding of valuation and storage of collateral which is Gold

- System Acquaintance to LOS system - SFDC etc

b. Behavioural Skills :

Skill Attribute :

- Team management Leadership

- Communication skills Good in English

- Flexible Mobile to other regions/products/functions, if required in future