Credit Manager - Loan Against Property

Credit Manager-Loan Against Property-Credit

As the Credit Manager for our Loan Against Property division, you will play a crucial role in driving the success of our credit operations. Your primary responsibility will be to oversee and manage the entire credit lifecycle, from loan origination to repayment, ensuring compliance with regulatory standards and maintaining a healthy portfolio. You will lead a team of credit analysts and underwriters, providing guidance and mentorship to enhance their skills and performance.

• Manage and oversee the entire credit lifecycle for Loan Against Property loans, including origination, underwriting, disbursement, and repayment.
• Lead and mentor a team of credit analysts and underwriters, providing guidance and support to ensure accurate and timely credit decisions.
• Ensure compliance with all regulatory requirements and internal policies related to credit management and lending practices.
• Monitor and analyze credit risk for the LAP portfolio, implementing strategies to mitigate risk and maintain a healthy loan book.
• Collaborate with other departments, such as sales and marketing, to develop and execute strategies for LAP product growth and market penetration.
• Review and approve credit applications, ensuring accurate assessment of borrower's creditworthiness and repayment capacity.
• Implement and maintain robust credit policies and procedures, keeping up with industry best practices and regulatory changes.
• Conduct regular portfolio reviews and identify opportunities for improvement in credit processes and systems.
• Build and maintain strong relationships with key stakeholders, including borrowers, brokers, and internal teams.
• Stay updated on market trends, competitor activities, and emerging technologies to enhance the LAP credit offering.

• Bachelor's degree in Finance, Business Administration, or a related field, with a minimum of 8-10 years of experience in credit management.
• Proven leadership experience in a credit management role, preferably in the banking or financial services industry.
• In-depth knowledge of credit risk management, underwriting principles, and regulatory requirements for lending.
• Strong analytical and problem-solving skills, with the ability to make sound credit decisions and identify potential risks.
• Excellent communication and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders.
• Proficiency in using credit analysis tools and software, as well as MS Office applications.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Strong attention to detail and a commitment to maintaining high standards of accuracy and integrity.
• Willingness to stay updated on industry trends and best practices in credit management.
• Flexibility to adapt to changing business needs and a proactive approach to continuous improvement.

Experience Level

Senior Level