RC - Centralised UW - MFI - Rural CreditINTERNAL USAGE:No. of Vacancies: Reports to:Team Leader - MFI Process HubIs a Team leader?NTeam Size: Grade: Business:MicrofinanceDepartment:�Retail MicrofinanceSub-Department:Rural CreditLocation: About Rural CreditRural Lending is a part of Retail Credit and caters to all financial needs of the Rural Clientele including Farming community, Farm Mechanization ie Tractor & Harvestor, Traders & Processors mostly based out of Rural & Semi Urban areas along with the credit needs of the industries dependent on the Agriculture /allied activities and MSME businesses based in rural areas, and Micro Finance, which is Lending to economically active poor Women under Joint Liability Group.About the RoleThe Central Credit Underwriter is responsible for underwriting loan application sourced from Business Correspondences and manages QC team (off roll staff) who would be managing QC activity for MFI applications sourced through Direct lending model. Central Credit underwriter is also responsible for managing other critical activities of Collection Reconciliation,
Insurance enrolment & Claim settlement for MFI customers, operational activities & recent project developments.Key Responsibilities� Sanctioning applications sourced by BC channel with in specified approval rate
� Monitor of QC activity for the applications sourced by Direct channel
� Providing credit decisions with in stipulated TAT
� Doing reconciliation for the collections reported from both BC & Direct channels
� GL a/c monitoring & Reconciliation
� Loan document scrutiny & Storage
� Insurance enrollment & Claim settlement processing
� Managing operational activities related to Loan a/c write-off, manual a/c opening & manual
QualificationsOptimal qualification for success on the job is:
� Graduation/ Post- Graduation from a recognized institute
� Experience in conducting Credit appraisal/Underwriting/Loan sanctioning
Role Proficiencies:For successful execution of the job, the candid