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Job Description
- As a Cluster Credit Manager-Rural Credit in the Business Banking Underwriting department, your primary responsibility will be to assess, evaluate, review, and approve proposals for business banking relationships in the retail credit sector. You will be the first officer to make credit decisions and maintain service level agreements with counterparts. Effective portfolio management, including monitoring, early warning identification, deferral tracking, renewals, and developing appropriate account strategies in alignment with the bank's risk appetite, will also be crucial aspects of your role.
Your key responsibilities will include conducting credit appraisals of loan applications within defined guidelines, making credit decisions, and recommending approvals to higher authorities. You will need to provide clear opinions on critical risks and suggest suitable mitigations related to proposed transactions, covering aspects such as business models, industry risks, structure, bank conduct, and financial risks. It will be essential to understand the suitability of proposed products to meet client requirements, conduct personal discussions with customers, manage deferrals and early warning signals, conduct customer visits, and coordinate with various stakeholders such as business, operations, legal, and technical teams as needed.
Additionally, you will be responsible for ensuring that all management information system (MIS) related to credit is submitted within defined timelines and maintaining area knowledge related to the business.
To qualify for this role, you should have a graduation degree in BA/BCom/BBA/BSc/BTech/BE or any other relevant field and possess 5 to 10 years of experience in branch banking.
If you are a detail-oriented individual with strong analytical skills, decision-making abilities, and a thorough understanding of credit appraisal processes, this role offers you an opportunity to contribute to the success of the business banking underwriting function while managing credit risks effectively.,
Skills
Credit AppraisalRetail CreditUnderwritingCredit ManagerCredit AppraisalFinancial AnalysisMIS ReportingCustomer Relationship ManagementRisk AssessmentPortfolio ManagementIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
About Company
IDFC FIRST Bank, founded in 2018, is headquartered in Mumbai, Maharashtra, India and operates in Banking and Financial Services. It operates as banking under public ownership.
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