About Retail Credit
The Collection & Underwriting department focuses on the collection of the bank’s various loan products like Home Loans, Car Loans, and Personal Loans among others. While Underwriting department focuses on risk mitigation towards the loan offered to the customers. The department is key for the Loans business vertical as it is responsible for controlling & ensuring timely EMI collection & maintaining risk of the business.
About the Role
Appraising proposals of SBB Loans, inspecting relevant documents and conducting risk analysis for portfolio.
Sanctioning loans within defined TAT For All India as Central Underwriting head. Arranging Training as required. Improvising Process as per market need.
Key Responsibilities
· Approval Rates, basis the target will be reviewed for the year for the location - Approval rates for all the locations - for the full year.
· Approval Rates-CC/OD/Card Power/Secured Loans, basis the target will be reviewed for the year, for the location - Approval rates for all the locations - for the full year.
· Turn around time (TAT) from Login to Sanction - Login to Sanction for all products as confirmed.
· Turn around time (TAT) - Legal & Technical - L&T login to L&T Sanction for all secured products as confirmed.
· Early Warning Signal- Location wise FPD for term Loans - Location-wise FPD % for Business Loan as confirmed.
· Risk Management
· Audit & Compliance, Basis Internal & Concurrent audit conducted & Report submitted. - Based on Internal & Concurrent audit conducted & Report submitted
· PSL Accuracy at product level needs to be maintained. Source- Audit report.
· Review, Renewal, Pendency - Timely inspection, Monitoring of accounts
· Training, Process improvement, Special assignment, support provided to Existing CPC, policy feedback, vendor management, participation in pilot runs/testing etc. Feedback from CO team & Zonal Credit Manager/National Credit Manager - Job enrichment & Training initiative, Support to new locations & products. Feedback from Head Credit & Other stake holders will be the source.
Experience Required: 2-5 YrsMore Information
Application Details
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Organization Details
Axis Bank
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