Credit Manager – LAP

Credit Manager – LAP

Grade Eligibility

Senior Executive

Designation

Credit Manager – Prime LAP

Reporting to

SCM

Location

Function

Risk

Job Purpose

The role incumbent will be responsible for end-to-end credit underwriting and disbursal of mortgage loans (Prime LAP)

Role

• Credit assessment and underwriting of prime LAP applications based on product and policy norms – end to end from login to disbursal of loans
• Appraising loan applications for credit worthiness ensuring adherence to KYC norms, credit bureau assessment and financials
• Disbursal of Mortgage Loans including all checks and verifications
• Coordination with legal, technical and processing vendors and training of vendors and vendor staff on processes and polices
• In-person meetings and discussions with clients
• Responsible for maintaining the processing TAT
• Participate in and clear regular internal and external audits
• Vendor management, including quality monitoring

Qualification & experience

• Years of experience – 3to4 years
• Mandatory Qualification – Chartered Accountant/ MBA in Finance
• Good to have – Basic financial knowledge of P&L / Balance Sheet and financial ratios
• Should have worked in mortgage underwriting (HL, LAP) for some part of underwriting career.
• Should have worked in the same geography as role

Essential skills

• Ability to work in unstructured and evolving situations with an open mind
• Work in large and varied teams and deliver individual requirements within the same
• Adhere to expected TAT without compromising on quality
• Taking of initiatives, strong execution skills, forward thinking ability to anticipate hurdles
• Ability to understand customer needs and be responsive
• Technology skills – understanding of and working with existing market technologies in the mortgage industry

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