Website Title
Website Title
Website Title

Regional Credit Manager (Housing Loan), 10+ Years, Location : Chennai

Company Profile

Our client is headquartered in Kolkata(India) and it was incorporated in 1988. It commenced operations in 1989 in Kolkata. Registered with the Reserve Bank of India as an asset financing NBFC, They have grown to be one of India's large retail-finance companies and have built a total assets under management of more than Rs.11, 860 crore. They have a wide operating footprint in India with 280+ branches across 21 States/UT in the country. It comprises over 8000+ employees across different functional verticals. They have serviced over 575,000 customers and have more than 270,000 live customers as of date. They not only provide a one-stop-shop financing facility to our customers, but also fulfil the dreams of millions of first-time entrepreneurs; catalyzing local economies and helping the nation grow. It is listed on National Stock Exchange and Bombay Stock Exchange

They have a diversified product- portfolio spanning over several products and services, including financing of Utility Vehicles & Cars, Commercial Vehicles, Construction Equipments, Tractors, Suvidha (Refinance), Home Loans, SME Loans, Gold loans and Insurance.


Job Purpose

To be responsible for Credit operations for Magma Housing Finance for the entire Region (Tamil Nadu and Kerala)

Reporing Structure

Regional Credit Manager will handle Branch Credit Managers and in turn they'll handle Credit Analyst.

Regional Credit Manager will report to Zonal Credit Manager and who in turn report to National Credit Head


Principal Accountabilities

  • Lead a team of Branch Credit Managers for the assigned area/region to ensure credit related activities are carried out effectively.
  • Guide the team on a daily basis to ensure the activities are carried out effectively and all organizational processes are adhered to.
  • For higher loan amounts, provide recommendation on approval/non approval of loans based on the evaluation.
  • Acts as an escalation point for any issues.
  • Ensure team is checking every application in detail to ensure there is no scope for fraud, manipulation or error by any party involved.
  • Keeps self and others abreast by closely monitoring changes in Organization policies towards loan disbursal and quickly implements the same in day to day working. Maintain process checklist and quality checks
  • Ensure overall compliance to the TAT without compromising the rigour required for credit analysis.
  • Oversees the credit operations for the entire Region.
  • Supervises and monitors the performance of Branch Credit Managers and other team members.
  • Verifies various reports and approvals to ensure they are aligned to Magma norms.
  • Prepare and submit relevant MIS reports on daily/monthly basis. Prepare Portfolio analysis frequently.
  • Builds and maintains effective MIS including - daily business MIS, disbursal MIS, IMD and Vendor MIS. Provide these reports to Zonal Head and HO on a timely basis.
  • Provide Legal/ valuation report trigger to vendors for action.
  • Ensure team obtains and compiles copies of loan applicants' credit histories, corporate financial statements, and other financial information.
  • Responsible for ensuring PDD follow-up for the Region

Job Interactions

  • External
    • Customers
    • Competitors
    • Vendors - Legal, Technical, LIP
  • Internal
    • Sales
    • Technical, Operations Collections
    • FI teams

Qualifications, Experience and Skills

A graduate with minimum 10 years experience of credit operations, analysis. Experience in handling teams/ regions.

Well versed with computers and knowledge of MS Office (Word, Excel) is essential.



To apply this job send your resume to balachandar@greenkomet.com. Kindly mention "Regional Credit Manager" in subject line of your e-mail.

Kindly mention your current CTC, Expected CTC and notice period details in your mail

 
 
  All Rights Reserved © 2009                                                                                                                Designed by Techno Solutions