AVP/DVP - Wholesale Underwritng

Ratnaafin Capital · India

Job Responsibilities:

Functional Requirements:

• Responsible for assessing customers sourced by the Sales team in line with the credit policy, and determining deviations and exceptions.
• Handling credit underwriting of working capital / channel finance / term loans cases in the mapped region including visiting the customers.
• Ongoing monitoring of accounts, deferral tracking including tracking developments in the industry and the account to identify stress and work with the business teams / credit managers in devising appropriate mitigation strategies wherever needed.
• Functionally manage the branch credit team for prompt and quality credit processing, adhering to the credit policy and defined processes & providing necessary approvals in line with the credit policy.

Team Management:

• Mentor and guide the credit manager for attainment of set targets, discipline, process compliance and adherence to company's rules and regulations.

Policy & Product Development:

• Identify areas of improvement in the existing process of Credit underwriting, Risk management & Operations & its implementation.
• Reviewing the Credit policies of other competitors to keep the Credit policy of the organization as per market standard, collecting the feedback on competitors’ policies & portfolio.
• Formulation of Credit policy within regulatory parameters & risk appetite of the organization.
• Ensure implementation & adherence of Credit policy through training of Sales, Credit & Operations team.
• Taking constant feedback from the team to clear any bottlenecks, solving issues & ensuring least attrition in the location.

Portfolio Management:

• Reviewing the portfolio monthly including analysis on the delinquent cases and suggest changes in current Credit policy.
• Managing the changes in Credit policy as per market requirement to maintain healthy portfolio quality.
• CA, CFA or MBA from Tier ½ institute. Prior work experience of upto 10 years in Credit Underwriting preferable in SME and Wholesale Credit.