About this role
This role involves overseeing and managing the secured credit portfolio in Kurnool, ensuring adherence to credit policies, risk assessment, and effective loan disbursement and recovery.
Job Responsibilities:**
* Manage the entire secured credit lifecycle, including origination, appraisal, sanctioning, and monitoring for retail and SME clients. * Conduct thorough financial analysis, risk assessment, and due diligence on loan applications, specifically for secured products (e.g., mortgages, loans against property). * Ensure compliance with internal credit policies, regulatory guidelines, and legal requirements. * Develop and implement effective strategies for credit risk mitigation and portfolio management. * Lead and mentor a team of credit officers, providing guidance and training on credit assessment and underwriting processes. * Monitor portfolio performance, identify early warning signals, and initiate corrective actions to minimize non-performing assets (NPAs). * Collaborate with sales teams to understand business requirements and provide suitable credit solutions. * Prepare and present credit reports and analyses to senior management. * Handle customer queries and grievances related to secured credit products. * Stay updated with market trends, economic conditions, and regulatory changes impacting the secured lending landscape.
Job Qualifications:**
* Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or relevant professional certification (e.g., CA, CFA) is a plus. * Minimum of 5-8 years of experience in credit management, with a strong focus on secured lending products. * Proven track record of managing a significant secured credit portfolio. * In-depth knowledge of financial analysis, credit appraisal techniques, and risk management principles. * Thorough understanding of regulatory frameworks and compliance requirements for secured lending in India. * Excellent analytical, problem-solving, and decision-making skills. * Strong leadership and team management abilities. * Exceptional communication and interpersonal skills. * Proficiency in relevant credit assessment software and Microsoft Office Suite. * Local knowledge of the Kurnool market and surrounding areas is highly desirable.