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