Vistaar Finance - Credit Approver

JOB DESCRIPTION

Organisation - Vistaar Financial Services (P) Ltd

Department - Credit and Risk

Date - Jan 2013

Job Title - Credit Approver( Sr manager –Credit)

Job Holder - Approval

Reporting To - Chief Risk Officer

KEY ACCOUNTABILITIES:

- Credit Appraisal: Ensure all loan application are appraised as per credit policy and within applicable TAT.

- Credit Policy: Manage the changes in Credit policy as per market requirement to maintain healthy portfolio quality

- Risk Mitigation: Identify and analyze risks (economic, social, political, etc) related to broader loan portfolio; ensure portfolio diversification and quality across activities and Area

Requirement of Travelling

- Role requires the person to travel to branches for about 7-10 days in a months across the states of Vistaar’s operation( presently 3 states)

KEY PERFORMANCE INDICATORS (KPI):

- TAT ( days)

- PAR%

- NCL %

- Attrition%

People Management :

- Take constant feedback from the team to clear any bottle necks / solve any issues and ensure least attrition in the cluster

- Ensure Branch Discipline and monitor other routine issues

JOB SPECIFICATION:

Educational Qualifications: Minimum Graduation

- Professional experience: 5-8 years’ experience required in Financial services preferably NBFCs dealing with mortgage loans, housing loans, PL. Minimum 3 years’ experience in credit appraisal is essential for this role.

Behavioral competencies

- Ability to effectively communicate with the public

- Good analytic skills, judgment and ability to make independent decisions informed by both quantitative and qualitative data (including informal feedback from stakeholders and non-business context: socio-political-religious environmental factors)

- Ability to work with minimal direction. Self-starter

- Good interpersonal, relationship management, customer service, and rapport building skills.

- Good leadership and people management skills, with ability to manage people both directly and indirectly at multiple levels and remotely

- Ability to prioritize, multi-task, delegate, and proactively resolve problems

Additional competencies

- Proficiency in MS Office (Word, PowerPoint, Excel)

- Basic Accounting Skills

- Good reading and writing skills in English required.

- Good knowledge of local language is strongly preferred ( Hindi is essential in addition knowledge Kannada, Tamil and Marathi is preferable)

- Ability and willingness to travel for 7-10 days in a month by bus and train.

Contact at sankar.satri@vistaarlfi.com