Underwrite high ticket and open market loans in the field through thorough assessment and personal discussion with borrower and / or co-borrower.
Underwrite both unsecured and secured loans of the microfinance and rural business vertical as below
Individual loans – Business, Home improvement, Higher Education loans
KCC, agriculture and livestock loans
Maintains success and growth of these products by adhering to defined policy and process for loan approval.
Maintain credit policies and processes are followed effectively by sourcing staffs and appraisers.
Conduct business place, office, residence and farm visits of the applicants based on the product and purpose of the loan. Conduct reference checks with customers /suppliers / vendors / dealers. Assess repayment capacity, character and cash flow of the applicant.
Maintain collection of relevant and proper documents. Maintain adherence to internal and regulatory policies / compliances like KYC etc.
Sanction the files appraised by the sales / distribution team through thorough verification of the documents and assessment by the appraiser of the loan.
Conduct sample TVR and PDs of the cases appraised by the sales team also shadow appraiser on a sample basis
Escalate deviations for necessary approval as per the deviation matrix. Observe for triggers in documents and escalate documents with issues to FCU team.
Decision on loan applications as per credit approval grid, deviation matrix and bureau matrix
Responsible for portfolio quality of the loans underwritten for 12 MOB.
Maintain daily productivity with respect to personal discussions, quality check of applications, sample visits and checks etc as per the set KRA.
Imparting training to the microfinance team on the group lending, individual lending and other lending product’s credit policies, processes and systems, including regular trainings on changes / refreshers.
Monitoring rejections from field, guide the branch staff to control the same and maintain higher number of Straight through applications from branches.
Report/ Escalate critical issues at field for necessary action as per penalty matrix and maintain compliance of Audit issues.
Conduct Loan Utilization Checks for the recent disbursement cases as per policy.
Maintain to participate and drive the successful implementation of technology based projects at backend and field
Plan and address issues across Poor, High Risk and Critical branches and maintain good risk management at the branches
Maintains PAR and provision are maintained within the budget.
Engage in collections for recovery, follow up for Incremental overdues and non-starters
Sanction the files appraised by the sales / distribution team through thorough verification of the documents and assessment by the appraiser of the loan.
Decision on loan applications as per credit approval grid, deviation matrix and bureau matrix
Responsible for portfolio quality of the loans underwritten for 12 months of booking.
Imparting training to the microfinance team on the group lending, individual lending and other lending product’s credit policies, processes and systems, including regular trainings on changes / refreshers.
Report / escalate critical issues at field for necessary action as per penalty matrix and maintain compliance of audit issues.
Maintain to participate and drive the successful implementation of product and technology based projects at field
Maintains PAR and Provision are maintained within the acceptable limit/budget.
Maintains customer satisfaction by processing of loan applications within the TAT defined
Maintain adherence to all regulatory norms with respect to KYC, documentation and sanctioning of loans
Maintain up to date knowledge of all the product of the geography
Quickly learn of new products and systems being introduced and implement in the field.
Networking with other NBFCs / Banks to have a deeper understanding of the Industry and its perspectives
Undertake business sub sector or occupation study and survey of branch working areas.
