The Piramal Group is an Indian multinational conglomerate that has presence across various sectors such as healthcare, life sciences, drug discovery, financial services, alternative investment and real estate
Piramal Vacancy Details:
Job Location : Mumbai
Job Title :Credit Manager
Experience: 4-9 year
Qualification: CA,MBA/PGDM,Any Graduate
Salary: 12-18 Lacs P.A.
Openings:01
Job Description
Role & responsibilities
- Responsible for upholding the Piramal brand by assessing customers sourced by the Sales team in line with the credit policy, and determine deviations and exceptions
- Handle oversight & review of credit underwriting of small ticket LAP in the mapped cluster.
- Establish key qualification rules & credit worthiness of potential applicants for cases having discrepancies at the branch level
- Analyze the on ground delinquencies market trends specific to the area location and provide related feedback to Geography credit manager and branch
- Adhering to the credit policy and defined processes & providing necessary approvals in line with the credit policy
- Review credit evaluation reports, evaluate borrower risk, transaction and underlying security and make recommendations in line with the assessment
- Responsible for sanction decisioning as per the Credit Appraisal process and deviation matrix
- Collaborate with technical and legal teams for comprehensive assessment for underwriting and maintaining TAT of the complete loan sanctioning timelines
- Monitor compliance to the credit policy and processes to ensure that the right quality of business being sourced, and the delinquencies are kept under the identified targets
- Mentor and guide the branch credit manager for attainment of set targets, discipline, process compliance and adherence to company’s rules and regulations.
- Monitor productivity level of branch credit manager and conduct periodic branch visits for supervision and better oversight.
- Assess the training and development needs of the team and continuously improve underwriting capability
- Should be willing to adapt to digital tools and processes
Preferred candidate profile
- 4-8 years of relevant experience in Credit underwriting of LAS
- Deep understanding and focus on risk, controls, compliance and regulatory framework and ability to apply knowledge on credit policy in assessing inherent risks, if any
- Knowledge of local markets and trends in retail lending
- Deep experience & understanding of retail financial services across NBFCs, banking
- Ability to liaison & follow-up with external and internal stakeholders
- Understanding of CIBIL and other checks required to validate customers credibility
