Website:
yes.bank.in
Job details:
Responsible for the region’s mortgage loan portfolio, should handle both products HL and LAP seamlessly.
SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Strategic/ Managerial Responsibilities
- A credit managers should ensure building quality portfolio and manage delinquency.
- Understands the KPIs/goals and takes full accountability to deliver for the region & overall performance.
- To understand the management goals & align/ driven towards the target.
- To control operational and credit cost. Rationalize various components of cost viz. CPV, CPA, Valuation etc. Initiative on cost saving taken on FI waiver, per FI cost, Valuation etc.
- To underwrite cases keeping in mind the Bank’s risk policies, risk appetite and quality of portfolio to be maintained.
- Ensure faster delivery within TAT and with satisfaction of customer requirements.
- To adhere Yes Personality and policy of the bank.
Core Responsibilities
- Ensure exercises their credit delegation authority with all due diligence within the policy framework.
- Setting up & Monitoring processes related to policy/process & timely decision on all applications being processed.
- To ensure the you processes all loan applications within the defined turn-around time [TAT] efficiently, accurately, and high service standards.
- Increase the efficiency of credit managers by reducing reworks and increasing FTR in all the activities carried.
- Responsible for Process Improvements and Digital Initiatives
- Portfolio management:
Ø Monitoring of the portfolio, analysis of delinquent cases.
Ø Profiling of customers with data cuts.
Ø Highlight early warning signals
Ø Basis review to arrive with a definite corrective action plan.
Ø Executive corrective action plan with all control measures.
Ø Track deviations and correlate between deviations & delinquency.
- Co-ordinating and arrange on credit scrutiny, changes in policy, other regulatory requirements, process adherence/reiteration etc.
- Liaison with industry peer banks & financial institutions to understand the market behavior.
- To look proactively at best practices across industries and businesses and try adapting them to own context.
- Co-ordinating with external agencies which includes CPV, PD and sourcing channels.
- Impart training on changes related to processes, regular feedback towards overall improvement of their performance, TAT deliverables, data entry quality etc.
People Management Or Self-Management Responsibilities
- To interact closely with other functions such as Sales /Operations/ CSS/ Collections in ensuring smooth delivery of objectives.
- Vendor management: To manage all risk vendors such as CPV, PD, CPA vendor and in-house CPAs wherever available.
- To impart regular training and share feedback to improve quality.
- Review of credit manager’s and CPA productivity for desired results.
Risk And Internal Control Responsibilities
- Audit & regulatory compliance on all aspects stipulated by central team.
- Credit quality underwriting: Ensure focus on Nil PAR errors and Nil QM cases
SECTION IV: KEY INTERACTIONS
Key Internal Interactions
Purpose of Interaction
Business Team
- Follow up for pending documents /query management.
- Monitoring of FTR logins.
- Accompany them for channel/branch visits to understand their sourcing pattern, model.
- To impart training on policy to their DSAs / DSTs wherever required.
- Review on approvals, rejections and SUD conversion.
Policy Team
- To seek clarification wherever required.
- To share feedback on policy parameters basis our underwriting.
- To share market alert on fraud/setup-companies.
- To share feedback on some particular segment in their geography.
- To Share location specific industries, profile, collateral related feedback
Key External Interactions
Purpose of Interaction
Customers
- Customer interaction helps us to understand better on his personal background, collateral details, net worth, sources of funds to create net worth, family background including details of family members, market reputation & overall profile which helps us to take an emphatic decision comprehensively on the application.
SECTION V: KNOWLEDGE & EXPERIENCE
KNOWLEDGE
Minimum Qualifications
Professional Certifications
- Any additional certifications /analytical skill related shall be an added advantage.
- Good understanding of financial analysis, ratios, P&L, balance sheet accounts.
Language Skills
- Strong communication both oral & written in English with good negotiation skills.
Experience
Years of Experience
- CA with min 2-5 years of experience.
- Overall credit risk management & underwriting experience min 2-5 yrs.
Nature Of Experience
- Credit underwriting of Housing /mortgage loans, business loans, working capital -SME loans, preferred.
SECTION VI: COMPETENCIES & KEY PERFORMANCE INDICATORS
BEHAVIORAL COMPETENCIES
Core Competencies
Competency Name
Behaviors
- Product Knowledge
- Understanding of mortgage loans along with collateral risk.
- Detailed understanding of financials
- Analysis of end use requirements
- Understand Industry Risk, Collateral Risk, Financial Risk, Key man Risk, reputational Risk from lending perspective
- To be conversant with mortgage loan Products
- Understanding of legal and technical aspects of the collateral.
- Professional Entrepreneurship
Should have proactive and constructive approach towards work
- Displays solution-oriented behavior and initiatives.
- Quality Focus
- Ensures adherence to quality standards in work/service delivery, identifies opportunities for improvement in routine course of work
- Adheres to laid down systems, procedures and identifies opportunities to enhance efficiency in own sphere of work through incremental improvement
Leadership Competencies
Competency Name
Behaviors
- Lead and Develop people
- Sets performance expectations at the department level, monitoring performance, providing measurement systems, driving accountability, and rewarding high performance.
- Enables empowerment by assigning clear challenging tasks with definitive accountabilities, resources, and authority.
- Coaches and mentors’ employees to develop required skills, provides developmental tools and provides continuous feedback and support
- Enables Change
- Displays the ability to depart from traditional methods/behaviors and adapting quickly when situational constraints require new or different approaches.
- Cascades the vision for change, and leads required transformation in structure, processes, and capability to ensure a smooth transition.
TECHNICAL COMPETENCIES
Technical Competencies
Financial Analysis, collateral understanding, industry risk understanding, Control on process and Market knowledge of product segments.
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