AVP & Lead, Credit Management

Job Purpose:

Conduct detailed credit assessment and preparation of credit appraisal memos seeking approval for financing against residential and commercial real estate. The key purpose is to determine whether the borrower is eligible for financing and the requested credit facility is in line with the bank’s risk appetite and Target Market Risk Acceptance Criteria (TM-RAC).

Key Accountabilities:

• Review, analyse & assess loan proposals keeping in mind the approved credit policies, procedures and market dynamics to produce high quality of credit assessment memos for underwriting purposes.
• Approve credit requests in line with any delegated credit authority, where allowed.
• Manage the allocated portfolio of clients in terms of timely annual reviews, monitoring delinquencies, early warnings, adherence to covenants, documentary deferrals etc and actively engage with the respective business counterparts on regular basis to address any credit related issues for the allocated portfolio.
• Given the High Networth and sensitive nature of the clientele, actively engage with the senior business counterparts (Area Managers/Executive Directors etc) to ensure that the proposed facility is adequately structured to meet the clients’ expectations within the bank’s underwriting standards.
• Accompany the business counterparts to client meetings and to develop better understanding of the client and the proposed credit facility.
• Adhere to & comply with departmental policies, standard operating procedures and practices so that the work is carried out in a smooth & methodical manner.
• Exhibit consistency with organization’s values and ethics at all times to demonstrate a value driven culture within the bank.
• Contribute towards continuous improvement and sustainability of policies, systems, process and methods in line with changing needs and requirements so as to efficiently carry out the duties.
• Have in-depth understanding of regulatory and internal bank policies.
• Exhibits good communication & writing skills when preparing & submitting credit proposals to approving authorities within the Bank.
• Guide and train a small team of credit analysts for credit underwriting.

Job Context:

• Analyse Client’s audited financial statements/bank statements/Rental Roll Reports/ Collateral Details etc, look into client’s credit history/credit reports/ system checks to meet bank’s lending standards.

• In depth analysis of borrower’s financial ratios like profitability, solvency, cashflow, debt service coverage ratios etc in order to ensure error free underwriting and ensuring that the borrower has sufficient repayment capacity to repay the proposed loan facilities.

• Review & analyse re-structuring requests from the existing loan customers and recommend in line with the bank’s policy/TM-RAC.

• To work out the credit risk rating and check RAROC of the customer as per the bank’s portals.

• Ensure completeness & accuracy of documentation submitted with the credit request in order to avoid fraud and/or delinquency in the future.

• To review the excess rental release request of the clients after reviewing the rental register and rental collection account.

• To work in co-ordination with other stakeholders such as Credit Administration, Collections, Operations etc and take up with business in case of non-compliance of terms and conditions.

• Review/Approve deferral or waiver requests given by the existing customers and recommend the same keeping in mind the credit risk involved.

• Approve and/or process the loan applications and service requests efficiently and within the agreed SLAs.

• Ensure completion and maintenance of the required departmental MIS as required on ongoing basis.

• Ensure that all the approved loans and proposal related documents are complete and stored in the common folder/system to safeguard any missing or misplaced documents.

• To be able to work in pressure conditions without compromising on the credit underwriting quality.

• To perform any additional Job-Related tasks/projects as and when assigned by Line Manager.
  

Qualifications & Experience:

Qualification:

• Minimum Education required: Minimum Bachelor’s degree preferably in Finance/Banking/ Commerce.

Experience:

• Minimum 10 years in Credit and/or Banking experience.