Credit Manager-Loan Against Property (LAP)-Credit

JD For Credit Manager

• Loan Underwriting
• Handling secured, unsecured and working capital and LAP 
• Evaluate and process end to end Loan applications within agreed TAT timelines. 
• Timely clearance of open audit queries, quality control checks 
• Timely completion of Vendor Management related activities 
• Providing support to Business Plan through quick turnaround of New and Existing proposals and work with team to optimize returns while remaining within Risk Appetite 
• Conducting stock audits  as per the Stock audit plan through empanelled vendors.
• Analyzing/ Reviewing the reports received and highlighting the observations to the Management and taking necessary action.
  ·       Handling different MIS’s of Portfolio.
  ·       Monitoring churning and overdue in accounts.
  ·       Processing bills of empaneled vendors for service rendered.
  ·       Coordinating with empaneled vendors and resolving issues (if any).
  ·       Coordinating with Business team, Credit teams, etc as per the requirement.
  ·       Other related activities.
• Approve or reject loan requests, based on credibility and potential revenues and losses
• Calculate and set interest rates
• Negotiate loan terms with clients
• Monitor payments
• Maintain records of loan applications