Zonal Credit Head - Loan Against Property

Description:

To lead and manage the end-to-end credit underwriting, risk assessment, and portfolio quality for the Loan Against Property (LAP) business within the assigned zone, ensuring adherence to company credit policies and achieving healthy asset quality while supporting business growth.

Key Responsibilities:

Credit & Risk Management:

- Evaluate and approve loan proposals within delegated authority levels, ensuring sound credit

decisions in line with company policy.

- Review, monitor, and manage the credit portfolio performance within the zone to maintain NPAs within defined limits.

- Ensure quality underwriting standards and implement early warning systems for portfolio risk

identification.

- Conduct periodic portfolio reviews and implement corrective actions in coordination with the risk and collections teams.

Policy & Process:

- Ensure adherence to credit policies, processes, and regulatory guidelines.

- Provide feedback to the policy team on market dynamics and suggest policy modifications where required.

- Drive standardization of credit processes and documentation across the zone.

Team Leadership & Development:

capabilities.

- Monitor performance of regional and area credit managers and ensure timely decision-making and risk control.

- Build a strong credit culture focused on prudence, speed, and collaboration with business teams.

Business Support:

- Partner with sales and product teams to support business growth within risk appetite.

- Maintain strong market intelligence and competitor insights to aid business decisions.

- Balance business objectives with prudent credit risk management.

Audit & Compliance:

- Ensure 100% compliance with internal audit, external audit, and regulatory requirements.

- Address audit observations and ensure timely closure of all open items.