Team Leader Underwriting – Commercial Credit Cards

Hiring for: A leading private sector bank in India, offering a wide range of banking and financial services to corporate, retail, and institutional clients.

Role: Team Leader Underwriting – Commercial Credit Cards

Positions: 1

Experience: 8 to 12 years

Location(s): Mumbai - Andheri

Salary: Up to INR 35 LPA

Roles and responsibilities:

·       Efficiently manage the team of Underwriters and underwrite Commercial CC applications in accordance with the laid down Product and Credit Policy guidelines

·       Ensure applications are processed within defined TAT as per the expected quality of processing

·       Liaise with other departments of the bank through regular interaction to ensure pre-and post-decisioning processes are efficient.

·       Liaise with HR for hiring plan for the team. Mentor and train new recruits in the Underwriting team

·       Help in setting up of Credit processes and support standardization

·       Work towards ensuring satisfactory Internal and external Audit reports through process adherence and quality management

·       Identify and implement cost saving avenues wherever possible for the function

·       Conduct regular reviews and identify underwriting trends and opportunities for portfolio optimization.

·       Prepare and present comprehensive Credit Assessment Memorandums (CAMs) proposals to the Committee and other relevant approval forums.

·       Manage vendors/agencies and ensure adherence to service level agreements (SLAs), quality standards, and turnaround time requirements.

·       Drive process enhancements and automation initiatives to improve underwriting effectiveness and efficiency.

Technical Skills:

·       Knowledge of loan originating cycle – Loan application, processing, underwriting and disbursement.

·       Good knowledge of Loan Origination System.

·       Strong understanding of credit policies, risk assessment, and underwriting principles

·       Experience in analysing of credit policy and repayment capacity before approving the loan application

·       Working knowledge of credit bureau, preferably of CIBIL score and report.

·       Microsoft Office exposure, specifically MS-Word and MS-Excel

·       Strong analytical, financial assessment and decision-making capabilities.

·       Knowledge of market trends and competitive lending landscape.

Soft Skills:

·       Leadership skills and capacity to lead by example

·       Strong analytical, decision making and communication skills

·       Ability to multitask and work independently

·       Strong attention to details and ability to time management.

·       Problem solving and result based approach

·       Excellent people leadership and team management skills.