Manager - Retail Credit Tata Capital

About Tata Capital

Tata Capital Limited ("TCL"), the flagship financial services company of the Tata Group, is a subsidiary of Tata Sons Private Limited and is registered with the Reserve Bank of India as a Systemically Important Non-Deposit Accepting Core Investment Company ("CIC").

Tata Capital and its subsidiaries are engaged in providing/supplying a wide array of services/products in the financial services sector and operates across various areas of business: Commercial Finance, Consumer Loans, Wealth Services and distribution and marketing of Tata Cards.

Job Description

You will be responsible for underwriting mortgage business and managing the portfolio in the assigned branch/location. This includes reviewing and assessing a wide range of complex loan applications within defined guidelines, making decisions or recommending for approval to higher authorities. You will underwrite proposals in accordance with established policies and procedures to meet agreed service level agreements and manage city/area business volumes. Conducting personal discussions with customers to evaluate creditworthiness, ensuring completion of credit/KYC documents, and verifying information through telephonic, field, and collateral visits will be part of your responsibilities. You should have a deep understanding of income to obligation ratios, loan to value ratios, and the rationale behind calculating these ratios, along with their impact on loan performance over extended periods. Maintaining Portfolio MIS, Delinquency MIS, and other operational MIS of the cluster, and providing regular reports will be essential. Building effective relationships with third parties to achieve optimal outcomes for clients, owning client queries, utilizing industry knowledge and experience to address challenges, and exceeding service quality standards are key aspects of the role. Your duties will also involve critically reviewing credit proposals to identify industry, business, financial, management, and facility structure risks. Ensuring collateral and other credit risk mitigation measures are in place to support decision-making on credit proposals, facilitating quick turnaround times for credit lending proposals, and undertaking ongoing reviews of credit exposures to maintain their bankability will be part of your responsibilities. You will also be responsible for overseeing the credit underwriting function of your branch, collaborating closely with local credit analysts and the sales team to expedite credit lending proposals. Additionally, you will be expected to manage the creditworthiness of clients and collateral from pre-sanction to post-disbursement phases, taking necessary steps for risk mitigation while ensuring compliance with legal and documentation norms and policies. Following up on and ensuring the recovery of quick mortality cases between 12-18 MOV will also be part of your role. Qualifications required for this position include a Graduate or Masters/Post Graduate degree, with certifications such as CA/MBA being preferable.,