POSITION DESCRIPTION JOB TITLE : Credit Manager-Semi Formal LAP GRADE : SM DEPARTMENT : Credit LOCATION : BRANCH SUB-DEPARTMENT : MSME TYPE OF POSITION : Full time REPORTS TO : Area Credit Manager LAP-MSME REPORTING INTO Credit Officer
ROLE PURPOSE & OBJECTIVE
Expert knowledge of assessing credit risk for large ticket size cases up to Rs. 1 Cr.
Conduct income appraisal of MSME borrowers. In depth understanding and analysis of P & L Account and Balance Sheet including cash flows of self-employed borrowers.
Assess financial ratios, in depth knowledge of rational behind calculation of ratios and its impact on loan performance over long tenures.
Provide Market intelligence from competition and customer's stand point
Recommendations on new processes & fraud Control initiative etc.
SIZE OF THE ROLE
FINANCIAL SIZE
NON-FINANCIAL SIZE
Portfolio size of Rs. 200-300 Cr
10-15 vendors (legal, technical etc.)
1 product (secured)
25-30 files per month
KEY DUTIES & RESPONSIBILITIES OF THE ROLE
Business/ Financials (Only Relevant roles)
Underwriting target customer by self and supervising the team to support for building of a performing portfolio.
Evaluate various collateral types for their value and title documentation requirements
Participate in collection of dues from customers to maintain low delinquency.
Ensure Credit policy and process adherence by monitoring and timely review of processes and execution.
Suggest Policy revisions in line with changing market conditions.
Customer (Both Internal & External)
Appraise various Customer segments in various for markets defined by the bank as area of operation for lending.
Co-ordinate with Legal & Technical Agencies for quality and timely delivery of credit reports.
Meet appropriate customers for understanding of their needs and Conduct underwriting and renewals for cases under purview
Co-ordinate with functions like operations, FCU, risk, business and technology for effective delivery to end customers.
Ensure various reports are being sent to stakeholders on monthly basis & at regular frequencies.
Internal Process
Time to time Intervention to manage ground level risk effectively.
Full adherence to RBI regulations on documentation and KYC compliance.
LUC and periodic loan monitoring framework
Provide Audit Compliance.
Timely hiring of Credit Officer for the location as per the budget
Innovation & Learning
Timely training to branches in the location.
Maintain up to date knowledge of MSE and other related products.
Upgrade self and team about changes happening in the market.
Networking with other NBFCs/Banks to have a deeper understanding of the Industry and its perspectives
Perform on time appraisal and suggest suitable career paths for staff
MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS
Educational
Qualifications
~ MBA in Finance from a reputed college (B.Com, M.Com with relevant experience)
Experience
~ Preferred experience of 2/3 years or more in Credit MSME Loan products in term loans and working capital limits.
Certifications
~ NA
Functional Skills
Knowledge of Credit in MSME Loans including term loans and overdrafts
Knowledge of financial analysis & cash flow determination
Evaluate and assess collateral security/collateral documentation adequate for the lending
Business Analysis Skills
Communication Skills.
Behavioral Skills
Team Management Skills
Leadership
Possesses good interpersonal skills
KEY INTERACTIONS
INTERNAL
EXTERNAL
Regional Credit Manager, Area Credit Managers, Regional Business Managers, Area Managers, Product Managers, Credit Officers/CPA
Vendors & Consultants
Vigilance Managers, Legal Managers, Audit Manager, Risk Managers, Collection Manager
Customers and Community
Operations Manager, IT Manager and Service Quality Manager
Competitors & Other credit agencies
Recruitment Manager, State HR, Payroll Manager , Branch Manager & Accounts Manager
Auditors
PREPARED BY : Archit Sharma
DATE : 16 th April 2023
REVIEWED BY : Vaibhav Sinha
DATE : 17 th April 2023
LAST UPDATED BY : TM Team
DATE : 16 th May 2023