IDFC FIRST Bank—Credit Manager - Affordable Mortgage Loans

Job description

Description: Job Requirements Role/ Job Title : Credit Manager - Affordable Mortgage Loans Business : Retail Underwriting - Affordable Mortgage Loans Function/ Department: Credit - underwriting Job Purpose : 'Candidate will be responsible for assessing the loan applications, which involves determining the financial health and creditworthiness of potential borrowers, as well as agricultural activities carried out at his field. These managers work with borrowers to explain loan terms and offer advice aimed at reducing risks and achieving positive outcomes for all parties. Roles & Responsibilities: '1. Help develop relevant affordable mortgage loans credit policies based on laws, regulations, and industry trends. 2. Assessment of customers sourced by Sales Team as per credit policy. 3. Scrutiny of loan application, KYC, Financial Reports, Collateral Documents and ascertaining eligibility as per credit policy. 4. Underwriting of proposal is based on customers profile. 5. Verification of Credit checks like RBI default list, dedupes checks about negative, caution and restricted profiles, Probe details, Individual and Commercial CIBILS, etc. and other mandatory checks as per credit policy and guidelines. 6. Analysis of statement of accounts, preparation of perfios. Secondary Responsibilities: '1. Understanding account related parameters. i.e., Churning, Cheque Returns, Utilization of facility, Interest Servicing, Cash flows, Cash deposits, remittance, and receivables details etc. 2. Analysis of valuation report and legal reports 3. Maintain best Turn Around Time and keep nil Audit and hind-sighting error to ensure quality in underwriting and maintain healthy Portfolio Qualifications: Post Graduate Degree - Graduate / Post Graduate / Professional qualification Years of Experience: 2-3 Years of relevant experience Skills: credit assessment, underwriting, kyc, financial reporting, portfolio management, valuation analysis, legal report analysis, credit underwriting, portfolio risk monitoring, loan processing, credit approval, credit scoring, personal branding, financial modelling, policy development, risk management, loan origination systems, collateral evaluation, problem solving, learning agility, financial analysis, credit policy, developing people, audit, loan underwriting, mortgage lending, communication & influence, regulatory credit assessment, document review, credit monitoring