Officer -Credit Micro Banking

Job description

Officer-Credit Micro Banking ROLEPURPOSE OBJECTIVE • Thisrole is primarily responsible for underwriting high ticket and open market loans in the field through thorough assessment and personal discussion with borrower and / or co-borrower and unsecured loans of the microfinance and rural business vertical SIZE OF THE ROLE • ILDisbursement of Rs. 2-3 Cr in a month and manage IL portfolio of12-15 Cr. • SupportIL business of 3-4 Branches KEYDUTIES RESPONSIBILITIES OF THE ROLE • Underwritehigh ticket and open market loans in the field through thoroughassessment and personal discussion with borrower and / orco-borrower. • Underwriteboth unsecured and secured loans of the microfinance and ruralbusiness vertical as below • Individualloans Business, Home improvement, Higher Education loans • KCC,agriculture and livestock loans • Maintainssuccess and growth of these products by adhering to definedpolicy and process for loan approval. • Maintaincredit policies and processes are followed effectively bysourcing staffs and appraisers. • Conductbusiness place, office, residence and farm visits of theapplicants based on the product and purpose of the loan. Conductreference checks with customers /suppliers / vendors / dealers.Assess repayment capacity, character and cash flow of theapplicant. • Maintaincollection of relevant and proper documents. Maintain adherenceto internal and regulatory policies / compliances like KYC etc. • Sanctionthe files appraised by the sales / distribution team throughthorough verification of the documents and assessment by theappraiser of the loan. • Conductsample TVR and PDs of the cases appraised by the sales team alsoshadow appraiser on asample basis • Escalatedeviations for necessary approval as per the deviation matrix.Observe for triggers in documents and escalate documents withissues to FCU team. • Decisionon loan applications as per credit approval grid, deviationmatrix and bureau matrix • Responsiblefor portfolio quality of the loans underwritten for 12 MOB. • Maintaindaily productivity with respect to personal discussions, qualitycheck of applications, sample visits and checks etc as per theset KRA. • Impartingtraining to the microfinance team on the group lending,individual lending and other lending products creditpolicies, processes and systems, including regular trainings onchanges / refreshers. • Monitoringrejections from field, guide the branch staff to control the sameand maintain higher number of Straight through applications frombranches. • Report/Escalate critical issues at field for necessary action as perpenalty matrix and maintain compliance of Audit issues. • ConductLoan Utilization Checks for the recent disbursement cases as perpolicy. • Maintainto participate and drive the successful implementation oftechnology based projects at backend and field • Planand address issues across Poor, High Risk and Critical branchesand maintain good risk management at the branches • MaintainsPAR and provision are maintainedwithin the budget. • Engagein collections for recovery, follow up for Incremental overduesand non-starters • Sanctionthe files appraised by the sales / distribution team throughthorough verification of the documents and assessment by theappraiser of the loan. • Decisionon loan applications as per credit approval grid, deviationmatrix and bureau matrix