State Credit Manager - MP

Role & responsibilities :\nGood understanding of credit policy and underwriting regarding Business Loans and LAP book\nEvaluating credit proposals covering financial, business, market risk & decision of the loan\nAppraising borrowers financial, business and credit track record to assess the credit worthiness\nAnalysis of the financial statements, Bank records, ITR and GSTN records of the prospective customer to identify the short term & long term solvency & liquidity position\nStrong knowledge about local geography and socio-economic strata of the branch sales state.\nEffective implementation and coordination with agencies to prevent fraud, over valuation of property and legal risk\nTo assess the credit risk and adopt suitable course corrections and give feedback to central policy and underwriting team for preventive actions\nUnderstanding the customers requirements and ensuring quick service delivery\nHold high responsibility for implementation of high standards of underwriting and internal controls in the branch in order to safeguard the assets and data\nOverseeing Operational risk & support functions including PDD, collections data and foreclosures requests\nMonitor for checks on Frauds and Early Delinquencies; conduct regular branch audit\nRegular monitoring of portfolio and collateral management\nMonitor and enforce approval rate and TAT as per prescribed standards\nExecution of all the work to ensure compliance to KYC, regulatory needs, credit underwriting, collateral management, Legal agencies and Audit function\nBasic Analytics and MIS reporting to various stakeholders on regular basis at branch level\nImplement Standard Operation Policies, Process Documentations and Risk framework as suggested by Risk Policy unit\nTo initiate suitable process changes to reduce risk and improve overall efficiency\nTeam & Vendor Management mentor and train them for proper delegation of work and maintaining credit standards\nHas to travel locally daily to do PD, make customer and vendor visits