Federal Finance LAP Introduction:

Are you an experienced Credit Manager looking for a new and rewarding challenge? We have a fantastic opportunity for Branch Credit Managers in the LAP (Loan Against Property) vertical. If you have a minimum of 5 years of credit experience and are passionate about lending in small ticket size loans, this could be the perfect career move for you. Read on to learn more about this exciting job opportunity.

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Job Details:

Job Title:

Branch Credit Manager – Small Ticket Size Loan, LAP Vertical

Locations:

Multiple locations including Karnal, Ambala, Rohtak, Chandigarh, Hisar, Meerut, Agra, Sonipat, Aligarh, Lucknow, Bareilly, Dehradun, Moradabad, Gorakhpur, Kanpur, Varanasi, Jhunjhunu, Ajmer, Sikar, Jodhpur, Bhilwara, Chittorgarh, Dudu, Bikaner, Shahapura.

Required Experience:

Minimum 5 years in Credit

CTC:

Up to 9 Lakh

Email for Profile Submission:

Chanchal@fedfina.com

Job Description:

As a Branch Credit Manager in the LAP vertical, you will be responsible for assessing creditworthiness and managing the credit underwriting process for small ticket size loans. Your role will involve analyzing loan applications, evaluating collateral, and making informed decisions to ensure sound credit risk management. You will play a crucial part in maintaining the quality of the loan portfolio and ensuring compliance with lending policies and regulations.

Responsibilities and Opportunities:

1. Credit Assessment: Conduct thorough credit assessments of loan applications, including evaluating the financial position of borrowers, assessing their repayment capacity, and analyzing collateral to determine creditworthiness.
2. Risk Management: Mitigate credit risk by adhering to established underwriting standards, assessing collateral value, and maintaining a balanced loan portfolio. Implement effective risk management strategies to ensure the overall quality of the loan book.
3. Decision Making: Make informed and timely decisions on loan applications, considering factors such as creditworthiness, repayment capacity, and collateral valuation. Your expertise in credit analysis will be instrumental in driving lending decisions.
4. Relationship Management: Build strong relationships with customers, ensuring excellent service delivery and addressing any concerns or queries related to credit. Foster positive relationships with internal stakeholders, such as sales teams, to facilitate seamless loan processing.
5. Compliance and Documentation: Ensure compliance with internal credit policies, as well as regulatory requirements. Maintain accurate and up-to-date documentation related to credit decisions, loan approvals, and customer information.

Qualifications and Requirements:

To excel in this role, the following qualifications and requirements are expected:

1. Credit Experience: A minimum of 5 years of experience in credit management, preferably in small ticket size loans. Familiarity with credit underwriting, risk assessment, and collateral valuation is essential.
2. Strong Analytical Skills: Excellent analytical skills and the ability to interpret financial statements, evaluate creditworthiness, and make sound lending decisions are crucial for this role.
3. Knowledge of Loan Against Property: Understanding the LAP vertical, including loan products, collateral valuation, and risk management, will be advantageous.
4. Attention to Detail: Strong attention to detail is required to ensure accurate and comprehensive credit assessments, documentation, and compliance with policies and regulations.
5. Communication and Relationship-Building: Effective communication skills, both written and verbal, are essential for building relationships with customers and collaborating with internal teams.

How to Apply:

If you meet the qualifications and are excited about this opportunity, here’s how you can apply:

1. Prepare your Resume: Update your resume to highlight your relevant experience, skills, and achievements in credit management. Ensure that your resume is well-structured and tailored to showcase your suitability for the Branch Credit Manager position.
2. Compose a Cover Letter: Craft a compelling cover letter expressing your interest in the role and explaining why you are the ideal candidate. Highlight your relevant experience, skills, and achievements, and demonstrate your enthusiasm for small ticket size loans in the LAP vertical.
3. Email your Profile: Send an email to Chanchal@fedfina.com, attaching your resume and cover letter. In the subject line, mention the position you are applying for, i.e., “Application for Branch Credit Manager – Small Ticket Size Loan, LAP Vertical.”
4. Double-Check: Before clicking the send button, review your email, resume, and cover letter to ensure accuracy, professionalism, and clarity. Check for any spelling or grammatical errors.
5. Follow-up: After sending your application, you may choose to follow up with a polite email or phone call to express your continued interest in the position. This shows your proactive approach and enthusiasm for the opportunity.

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