Assistant Vice President- Retail Credit Initiation & Compliance

Job Purpose
To direct and control Personal Loans and Cards application processing end to end including underwriting, CPV and Disbursal processes by ensuring that the agreed service standards are met

Key Result Areas
SLA/TAT: Ensure daily SLA achieved by a combination of monitoring and reviewing performance, spot checks and ensuring team discipline. Also ensure that all queries related to routine activities are responded by the concerned units within the time frames pre-specified. Constantly focus on data entry quality/credit policies to increase the approval rate.
Team Management: Efficient and effective handling of team in order to surpass the departmental goals in particular and organizational goal in general. To approve changes to enhance and improve Process. Increase productivity and improve Leaders skills. To review daily rejects/referrals and find ways to improve the reject/referrals thru training and applying continuous learning
Credit: Good knowledge of credit policies pertaining to retail products and adherence to the parameters fixed as per country credit risk team.
Risk: Manage risks through exception reporting and reviewing applications processed. Ensure that all procedures laid down in the Operating procedures, PPG are adequately followed.
Interdependent co-ordination: To work closely with the other unit managers of / Business partners, Risk team to enable optimum co-ordination between the functioning of the units as well as enable adequate capacity planning to respond to forthcoming business volumes.
Morale: To promote an environment where all staff develop a sense of involvement in the conduct of their regular work and contribute ideas with the objective of achieving excellence in service quality.
Quality: To initiate and successfully follow up quality projects and productivity/work flow improvement reviews.
Escalation: Keep Unit/Division Heads advised of the regular activities and in particular, escalate exceptional occurrences, to enable appropriate action as well as report extraordinary occurrences and corrective and preventive actions taken.
Audit: To obtain satisfactory in group and other internal audits.

Knowledge, Skills and Experience
• High level of maturity and good communication skills are required to balance the needs and expectations of internal and external stakeholders and staff
• Good managerial and interpersonal skills with an ability to supervise teams
• Sound knowledge of credit policies and understanding of systems
• In depth knowledge of procedures pertaining to retail lending products.
• Must be able to work under pressure with short/ challenging deadlines
• Graduate with 10+ years’ work experience in Retail products onboarding environment
• Good analytical skills
• Should have handled a similar role for at least 5-6 years