Area Credit Manager Prime LAP

Objective

To evaluate, underwrite, and approve LAP (Loan Against Property) proposals within defined credit policies for the Prime LAP segment ( 70 Lakhs to 2 Cr ticket size). Ensure balanced credit decisioning while maintaining portfolio quality and minimizing risk.

Key Responsibilties

• Credit Appraisal:
  Underwrite LAP proposals for self-employed and informal borrowers as per defined credit policy and risk framework.
• Policy & Compliance:
  Ensure adherence to internal credit policies, RBI norms, and regulatory guidelines during loan evaluation.
• Income & Risk Assessment:
  Analyze customer financials, income surrogates, banking patterns, property papers, and repayment capacity.
• Portfolio Monitoring:
  Track bounce rates, delinquency trends, and early warning signals (EWS) to maintain portfolio health.
• Process Efficiency:
  Collaborate with Operations and Sales to improve TAT and underwriting quality.
• Business Coordination:
  Work closely with Business Head, Sales, and Product teams to align growth with risk controls.
• Fraud & Risk Mitigation:
  Ensure field verifications, de-dupe checks, and property/legal due diligence.
• MIS & Analytics:
  Support credit governance with relevant MIS, dashboards, and portfolio insights.
• Training & Policy Communication:
  Conduct training and refresher sessions for Sales and DSA teams on credit policies and documentation standards.

Key Mandates

1. Experience: 58 years in Credit Underwriting for Secured Loans (LAP/SME/Housing Finance preferred).

2. Qualification: Graduate / MBA / CA preferred.

3. Domain Expertise: Income surrogate programs, property valuation norms, legal risk assessment, credit risk frameworks, and LOS/digital underwriting systems.

4. Behavioral Skills: Strong analytical decision-making, risk governance mindset, stakeholder management, and ability to deliver under high volume with tight TATs