Job Description

About Collection and Underwriting Department: The Collection and Underwriting department focuses on the collection of the bank\'s various loan products like Home Loans, Car Loans, and Personal Loans among others. While underwriting department focuses on risk mitigation towards the loan offered to the customers. The department is key for the Loans business vertical as it is responsible for controlling & ensuring timely EMI collection & maintaining risk of the business. About the Role: Manage the Pan India credit appraisal process for Personal Loans, Auto Loan, Credit Cards (Commercial and Retail) also responsible for the credit process pertaining to Retail Asset FCY Loan & Over Draft Against Fixed Deposits (Individuals) and Gold Loan High Value credit underwriting. The role encompasses the end to end credit operation process including vendor management and management of the Underwriting Officer located at Mumbai and Hyderabad and Noida. Key Responsibilities: To manage underwriting process for Retail Assets/Credit Cards within Retail Lending & payments vertical To appraise or underwrite loan within defined policy guidelines and accordingly take decisions or recommend for approval to appropriate authority To assess the income, ability, intention, & credit behavior and verify it documents & reference checks as well as from various kinds of credit bureau checks. Responsible to evaluate all the credit risk parameters & measures to mitigate the same To prepare Credit Approval Memo Managing the overall TAT, Approval Rate To ensure complete adherence to laid down policy and procedure / process Fi initiation and completion on respective systems Qualifications: Optimal qualification for success on the job is: Post Graduate / Graduate Role Proficiencies: For successful execution of the job, the candidate should possess the following: Cost reduction and process improvements Turn around time (TAT), Login to DIP Outward TAT will be considered & source of data would be Shikhar & System MIS Productivity People : Training and grooming and feedback from HR initiated feedback surveys Vendor Management Stakeholder feedback (Credit, Policy, BIU, Business, CRO team etc) Error rates of CPC Dip

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