About the role
SECTION II: ROLE SUMMARY
§ Ensure quality Appraisal of credit for worthy borrowers.
§ Ensure timely credit and transaction approvals for delegation under self.
§ Managing loan portfolio with respect to credit rating/quality.
§ Identify de risk account / AL accounts.
§ Monitoring of Team TAT and Productivity.
§ Ensuring adherence to the credit policy and process.
§ Review of Delinquency
§ Review exceptions and approval for knocking.
§ Revert on the Hindsight and Internal audit observations
SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Strategic/ Managerial Responsibilities
· Ensuring Credit appraisals are done within TAT
· Ensuring adherence to the credit policy and process.
Core Responsibilities
· Raising critical risk queries, exercising adequate due diligence including market intelligence, ensuring quick turnaround as per SLA and quality of CAM/ IOM/PSM
- Highlighting key risks/concerns. Suggesting effective limit structures, collaterals, and covenants. Preparing the Credit Risk Summary Sheet
- Timely completion of credit appraisals / renewals/PSMs with effective structures
- Customer Meetings and Discussion along with factory/ Unit visit where ever required.
· Timely closure of exceptions & managing limit/facility overdue.
· Periodically review portfolio to identify possible risks. In depth review of accounts appearing in early warning system to take corrective action
· Interaction with various stakeholders (internal and external) for review of such customers
· Carry out internal rating of customers and assign/review rating
· Maintain/monitor Credit Hygiene
People Management or Self-Management Responsibilities
§ Timely/ effective closure of transaction requests. Minimal CAM over dues.
§ Timely closure of exceptions & managing limit/facility overdue.
.
Risk and Internal Control Responsibilities
§ Maintain and update Credit data for all accounts. Suggest process/Policy /systems/controls related improvements, Address Audit findings, Hind-sighting, CPA Management
SECTION IV: KEY INTERACTIONS
Key Internal Interactions
Purpose of Interaction
Business Team
To interact with RM / CBL /RBL on day to day basis while cases assessment, monitoring delinquency
Policy Team
For clarification / guidelines as and when required
Product Team
For clarification / guidelines as and when required
Key External Interactions
Purpose of Interaction
Customers
As required by the policy while assessment of a case, have to interact with customer for information / concerns for decisioning of case
SECTION V: KNOWLEDGE & EXPERIENCE
KNOWLEDGE
Minimum Qualifications
BE/ CA/ MBA/ any other professional qualification related to our field from a reputed institute
Professional Certifications
§ BE/CA/ MBA from a reputed institute
Language Skills
§ Written and spoken English is essential
EXPERIENCE
Years of Experience
Minimum of 2 years and above work experience in credit evaluation in a Bank / Financial Institution
Fresh CA/ MBA from reputed institute also can be taken.
Nature of Experience
Credit Evaluation in any Bank/ FI
SECTION VI: COMPETENCIES & KEY PERFORMANCE INDICATORS
BEHAVIORAL COMPETENCIES
Core Competencies
Competency Name
Behaviors
§ Customer Focus
§ Listens to and demonstrates an understanding of customers’ stated needs
§ Delivers customer value through timely and quality execution
§ Develops an understanding of problems and employs existing or new methods to find solutions
§ Professional Entrepreneurship
§ Takes proactive and constructive action at work with little or no direction from others
§ Displays responsibility for problems, initiatives and tasks that lie within the domain of own role.
§ Drive for Results
§ Seeks to understand the rationale for key decisions and understands implications for own role/ actions
§ Displays a sense of urgency to deliver outcomes as per stated timelines
§ Reacts to challenges by displaying an optimistic demeanor
§ Quality Focus
§ Ensures adherence to quality standards in work/service delivery, identifies opportunities for improvement in routine course of work
§ Adheres to laid down systems, procedures and identifies opportunities to enhance efficiency in own sphere of work through incremental improvement
Leadership Competencies
Competency Name
Behaviors
§ Lead and Develop people
§ Sets performance expectations at the department level, monitoring performance, providing measurement systems, driving accountability and rewarding high performance
§ Enables empowerment by assigning clear challenging tasks with definitive accountabilities, resources and authority
§ Coaches and mentors employees to develop required skills, provides developmental tools and provides continuous feedback and support
§ Enables Change
§ Displays the ability to depart from traditional methods/behaviors and adapting quickly when situational constraints require new or different approaches
§ Cascades the vision for change, and leads required transformation in structure, processes and capability to ensure a smooth transition
§ Encourages team members to respond positively to changes, encouraging discussion, responding with empathy to their anxiety
TECHNICAL COMPETENCIES
Technical Competencies
Financial Analysis and Market knowledge of industry segment