Credit Manager-Loan Against Property-Credit

Credit Manager-Loan Against Property-Credit

The Credit Manager will play a pivotal role in the Loan Against Property (LAP) division, responsible for credit management and risk mitigation. They will lead a team, ensuring efficient credit processes, and contribute to the bank's overall credit strategy and business objectives.

• Oversee and manage the credit operations for the Loan Against Property (LAP) division, ensuring compliance with bank policies and regulations.
• Lead a team of credit analysts and officers, providing guidance and support to ensure efficient and effective credit processes.
• Conduct thorough credit assessments and evaluations of loan applications, considering financial statements, collateral, and other relevant factors.
• Approve or reject loan applications based on creditworthiness, risk assessment, and the bank's lending criteria.
• Monitor and manage the credit portfolio, identifying potential risks and taking proactive measures to mitigate them.
• Collaborate with other departments, such as underwriting and legal, to ensure a seamless loan approval process.
• Stay updated on industry trends, market conditions, and regulatory changes to adapt credit strategies accordingly.
• Develop and implement credit policies and procedures, ensuring they align with the bank's risk appetite and business goals.
• Provide regular reports and analysis on credit performance, portfolio quality, and risk exposure to senior management.
• Build and maintain strong relationships with key stakeholders, including borrowers, brokers, and other external partners.

• Bachelor's degree in Finance, Business Administration, or a related field, with a preference for a Master's degree in Finance or a relevant specialization.
• Minimum 8-10 years of experience in credit management, with a strong background in loan against property (LAP) or similar asset-based lending.
• Proven track record of successful credit management, including risk assessment, portfolio management, and credit policy development.
• Excellent knowledge of banking regulations and compliance requirements, particularly in the area of credit and lending.
• Strong analytical and decision-making skills, with the ability to interpret financial statements and assess credit risk.
• Proficiency in using credit analysis tools and software, as well as experience with credit scoring models.
• Effective leadership and team management skills, with the ability to motivate and guide a team of credit professionals.
• Excellent communication and interpersonal skills, with the ability to build relationships and collaborate with various stakeholders.
• Strong business acumen and a strategic mindset, with the ability to contribute to the bank's overall business objectives.
• Willingness to stay updated on industry trends and best practices in credit management and risk mitigation.

Experience Level

Senior Level