To assess, analyze, and approve home loan proposals as per the credit policy of the organization, ensuring minimal delinquency and compliance with regulatory guidelines.
---
Key Responsibilities
- Credit Assessment:
Evaluate home loan proposals based on income documents, banking, credit bureau reports, property documents, and other risk parameters.
Conduct personal discussions (PD) where required and provide recommendations.
- Underwriting & Approval:
Approve files within assigned credit authority limits.
Recommend and escalate cases exceeding authority levels with proper justification.
- Policy Implementation:
Ensure adherence to internal credit policy, regulatory norms (RBI, NHB), and KYC guidelines.
Provide feedback to policy team for potential changes based on market trends.
- Risk Management:
Identify fraud indicators and conduct risk-based verifications.
Work with legal and technical teams for thorough due diligence on property and title checks.
- Portfolio Monitoring:
Monitor the portfolio for early delinquencies and high-risk indicators.
Collaborate with collections and sales teams to reduce NPAs.
- Stakeholder Management:
Liaise with sales, operations, legal, and technical teams for smooth processing.
Conduct training for sales and field staff on documentation and risk norms.
- System and Documentation:
Maintain updated MIS and dashboards.
Ensure proper documentation and data entry in LOS/LMS systems.
---
Qualifications & Experience:
Graduate/Postgraduate in Finance, Commerce, or related fields (CA/MBA preferred)
3–7 years of experience in home loan credit underwriting
Familiarity with credit bureaus, income assessment (salaried/self-employed), property documentation
---
Key Skills
Robust analytical and decision-making skills
Sound understanding of housing finance regulations
Good communication and interpersonal skills
Attention to detail and risk orientation
Knowledge of LOS/LMS platforms and MS Excel
---
Let me know if you want this tailored for a specific company (e.g., HDFC, Bajaj Finance, SBI) or level (junior/senior credit manager).
📌 Area Credit Manager - Affordable Home loans - Mumbai
🏢 Acura Solution
📍 Mumbai
Reply to this offer
Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.