Credit Manager-Loan Against Property
IDFC FIRST Bank — Lucknow, LUCKNOW
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Job Description
Job Requirements About the Role
The Credit Manager – Loan Against Property (LAP) is responsible for evaluating, reviewing, and approving credit proposals related to LAP products within the Retail Underwriting function. The role involves maintaining agreed service level deliverables, ensuring adherence to credit policies, and managing portfolio quality through regular monitoring and strategic account management. The incumbent will work closely with business teams to align credit decisions with the bank’s risk appetite and foster effective interpersonal relationships across teams.
Key Responsibilities
Primary Responsibilities
- Underwrite secured and unsecured loan proposals in accordance with defined policies and procedures, ensuring service level agreements (SLAs) are met.
- Supervise a team of credit underwriters and provide necessary guidance and support.
- Conduct personal discussions with customers to assess creditworthiness.
- Minimize front-end delinquencies by proactively engaging with customers at the first sign of default.
- Ensure completion and verification of credit and KYC documentation through telephonic checks, field visits, and collateral inspections.
- Coordinate with the sales team to meet business targets and maintain SLA compliance.
- Ensure strict adherence to credit policies and regulatory standards.
Secondary Responsibilities
- Monitor portfolio performance and identify early warning signals.
- Track deferrals and renewals and develop appropriate account strategies in collaboration with the business team.
- Maintain strong peer relationships and contribute to a collaborative work environment.
What We Are Looking For
Education
- Graduate in any discipline (mandatory)
Experience
- Minimum of 2 years of experience in credit underwriting, preferably in LAP or retail lending
Skills and Attributes
- Strong analytical and decision-making skills
- In-depth understanding of credit assessment and risk evaluation
- Ability to manage and mentor a team
- Excellent communication and interpersonal skills
- Attention to detail and commitment to compliance
Frequently Asked Questions
What are the eligibility criteria for the Credit Manager-Loan Against Property job at IDFC FIRST Bank?
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-2 Years years of relevant experience expected for this role.
What are the primary responsibilities of a Credit Manager-Loan Against Property at IDFC FIRST Bank?
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Credit Manager-Loan Against Property at IDFC FIRST Bank.
Is prior experience required for this position?
This role requires around 0-2 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
What skills are important for this role?
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
How do I apply for the Credit Manager-Loan Against Property role at IDFC FIRST Bank?
You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.
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