Manager - Retail Credit - Credit - Housing 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 or location. Your core responsibilities will include reviewing and assessing a variety of complex loan applications within defined guidelines, making decisions or recommending them for approval to higher authorities. You will need to underwrite proposals according to the laid-down policies and procedures to meet agreed service level agreements and manage city/area business volumes effectively. Conducting personal discussions with customers to establish their creditworthiness, ensuring completion of credit/KYC documents, and conducting verifications through telephonic, field visits, and collateral inspections will be part of your role. You will also assess income to obligation ratios, loan to value ratios, and have in-depth knowledge of the rationale behind these calculations and their impact on loan performance over long tenures. Maintaining Portfolio MIS, Delinquency MIS, and other operations-related MIS of the cluster and providing regular reports will be essential. Building and leveraging effective relationships with third parties to achieve the best outcomes for clients, taking ownership of client queries, and using industry knowledge and experience to overcome challenges are key aspects of your job. You will need to exceed service quality standards, strive for continuous process improvement, and undertake critical reviews of credit proposals to identify industry, business, financial, management, and facility structure risks. Ensuring collateral and other credit risk mitigation to facilitate decision-making on credit proposals by the approving authority is crucial. Ensuring quick turnaround time for credit lending proposals for the mortgage business, including loan against property and home loan business, in collaboration with the sales team is a significant responsibility. Ongoing review of credit exposures to ensure bankability, critical review and documentation of proposals, monitoring client and collateral creditworthiness from pre-sanction to post-disbursement phases, and taking steps for risk mitigation when required are part of your duties. Managing the credit underwriting function of your branch, facilitating quick turnaround of credit lending proposals in close collaboration with local credit analysts and the sales team, as well as following up and ensuring recovery of quick mortality cases between 12-18 MOV are also key responsibilities. Qualifications required for this role include a Graduate or Masters/Post Graduate degree. Certifications like CA/MBA are preferable.,