Overview
Job Summary:
– The job holder of this position is responsible for overseeing the credit operations within the assigned regional branches, ensuring adherence to company policies and TAT (Turnaround Time) for loan processing.
– The Regional Credit Officer will also play a key role in recruitment, MIS analysis, and maintaining strong customer relationships while ensuring compliance with internal controls.
Results:
– Ensure that the judgmental credit decisions are made in accordance with the risk appetite and risk strategy.
– Ensure compliance with all regulatory and internal policies related to credit management and loan processing.
Responsibilities:
– Conduct regular branch audits and infrastructure checks to ensure compliance with company standards and policies.
– Monitor branch operations and processes to identify areas for improvement.
– Manage the file login, receiving, checking, and approval processes for customer applications, ensuring timely disbursement and dispatch.
– Oversee TAT management, tracking the duration from log-in to disbursement on a daily basis.
– Maintain a comprehensive record of total pendency and ensure adherence to TAT requirements.
– Monitor and analyze credit reporting submissions from credit officers to ensure accuracy and
compliance with company policies.
– Prepare and share login versus status reports with Relationship Managers (RM), Senior Heads (SH), and Assistant Vice Presidents (AVP) to maintain transparency.
– Conduct regular training sessions for credit officers to enhance their understanding of company policies and procedures.
– Conduct MIS analysis, focusing on TAT metrics from login to disbursement and PDD (Post-Dated Cheques) submissions.
– Maintain RCU (Risk Control Unit) and FCU (Fraud Control Unit) operations to minimize risks associated with credit processes.
– Identify fraudulent cases during the credit assessment process and report findings to the credit manager at Head Office (HO) and relevant RMs or SHs.
– Oversee branch administration activities, ensuring smooth operations and adherence to compliance requirements.
– Ensure timely completion of PDD processes within the branch.
Experience (Industry Type & Duration):
Essential: Minimum 3 to 4 years of experience
Qualification:
Essential:
– Masters degree in Finance, Accounting, Business Administration, or a related field.
Preferred Skills:
– Strong understanding of credit policies, loan processing, and compliance regulations.
– Excellent analytical and problem-solving skills with the ability to assess credit profiles based on company policy.
– Proficient in financial reporting tools and MS Excel for data analysis and reporting.
– Strong communication and interpersonal skills to effectively manage teams and client relationships.