- Experience in credit appraisal and underwriting of Retail, LAP, SME, and Business Loans with skills in financial analysis, risk assessment, and collateral evaluation
- Conduct credit appraisals, assess risks, perform due diligence, ensure compliance, coordinate with stakeholders, and exercise delegated approval authority
Key Responsibilities (KRAs)
1. Credit Appraisal &
- Underwriting
Conduct detailed credit appraisal of loan proposals (Retail / LAP / SME / Business Loans / Affordable Housing).Analyze financial statements, bank statements, income documents, and credit bureau reports (CIBIL).Assess repayment capacity, FOIR, LTV, and risk parameters.Evaluate collateral security and property valuation reports.Recommend approval/rejection within delegated authority limits.
1. Risk Assessment &
- Portfolio Quality
Identify early warning signals and potential credit risks.Ensure adherence to internal credit policy and RBI guidelines.Monitor delinquency trends and coordinate with collections team.Maintain portfolio quality within defined PAR / NPA thresholds.
1. Field Investigation &
- Due Diligence
Conduct personal discussion (PD) with applicants.Perform business and residence verification (as required).Validate end-use of funds and customer intent.Coordinate with legal, technical, and valuation agencies.
1. Compliance &
- Documentation
Ensure complete and accurate documentation before approval.Maintain TAT (Turnaround Time) as per SLA.Support internal/external audits and compliance reviews.Ensure adherence to KYC norms and regulatory requirements.
1. Stakeholder Coordination
Work closely with Sales/Business team to understand customer profiles.Guide Relationship Officers on credit norms and eligibility criteria.Coordinate with Operations team for smooth loan disbursement.Escalate policy deviations to higher authority with justification.
1. Delegation &
- Decision Authority
Exercise approval authority as per DOA (Delegation of Authority).Recommend deviations with proper risk mitigation notes.Ensure proper justification for policy exceptions.