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

Credit Manager - LAP