Zonal Credit Manager

Job Description

About the jobOverviewHinduja Leyland Finance Ltd (HLF) was incorporated on November 12, 2008. We are permitted by the Reserve Bank of India to commence operations as a non-banking financial company ( NBFC ). We are promoted by Ashok Leyland Limited (ALL) and Hinduja Power Limited. We are a part of the Hinduja Group which is a diversified global business group with a track record of growing business in several industries. We leverage our relationship with ALL which is the second-largest carrier in the MHCV segment in India. (Source: IAI Report, 2015)We are one of Indias leading vehicle finance NBFCs with a focus on urban and semi-urban markets. Through a vast network of branches, we finance a wide range of commercial and personal vehicles, which include medium and heavy commercial vehicles, light commercial vehicles, small commercial vehicles, cars, multi-utility vehicles, three and two-wheelers, and various kinds of used vehicles. Our financial solution includes tractors and. construction equipment finance.Our customer base comprises first time buyers, captive users, retail operators, strategic and large fleet owners, small truck owners and self-employed individuals, from urban and semi-urban locations. We provide Loans Against Property and our wholly-owned subsidiary, Hinduja Housing Finance Limited, focuses on providing finance for affordable housing loans.We have established an expansive operational network, our operations included over 350 branch offices and 1,550 business locations spread across 23 states and two Union Territories across India.Websitehttp://www.hindujaleylandfinance.comPosition Overview:As a Zonal Credit Manager, you will be responsible for managing and supervising credit operations within the designated zone. You will lead a team of credit professionals, ensuring adherence to credit policies, mitigating risks, and maintaining high-quality lending practices while achieving business objectives.Location/Zone: West ZoneJob description: Lead and manage the credit assessment process within the zone, ensuring timely and accurate credit decisions for various financing applications. Develop, implement, and enforce robust credit policies and procedures tailored specifically for financing, aligned with regulatory standards and Company guidelines. Mentor, train, and supervise a team of credit officers, ensuring adherence to credit underwriting guidelines and fostering a culture of excellence. Evaluate applications, assess the creditworthiness of applicants, and make informed recommendations based on risk analysis and business viability within the vehicle finance segment. Collaborate closely with various departments including sales, risk management, and operations to streamline credit processes and achieve business objectives. Monitor portfolio quality specific to vehicle financing, identify potential risks, and develop proactive strategies to mitigate credit losses in this segment. Conduct regular audits and reviews to ensure strict compliance with internal policies, regulatory requirements, and specific guidelines related to the industry. Provide guidance and support to branches or units within the zone on credit-related matters. Prepare comprehensive reports on credit performance, trends, and actionable recommendations for Senior Management. Build & fortify credit team, plan product & credit strategy, and strengthen presence in key target markets Assess and set credit policies and procedures that provide for smooth credit evaluation with in specified TATs while also ensuring that asset quality is maintained and opportunity for fraud is minimized Identify and lead initiatives for process improvement and technology adoption for risk management, reporting and operations managementStrategy and Execution: Analyze and review the market trends/ competitor activities to capitalize on opportunities Set and develop credit policies and procedures that provide for best-in-class TAT and maintain asset quality Build and execute action plans that support the credit and go-to-market strategy Evaluate and incorporate inputs from sales and collections team in credit processes/operations Provide inputs on products and pricing strategy to win in the market and evolve to market changes Provide inputs to product development teams and marketing teams for negating any adverse market trends including opportunity to commit fraud and controlling for the same Establish suitable review and monitoring cadence with credit teams and branches Support the IT team in data requirements, development of new systems to drive growth and transparencyRequirement And Experience: Bachelors degree in Finance, Business Administration, or a related field. Masters degree or relevant certifications (e.g., CA/ICWA/MBA Finance) is advantageous. Relevant experience (10 years) in credit management or a similar role within the vehicle finance segment, preferably within a financial institution or bank. Strong work ethic driven towards success and has a passion for growing and developing organizations. An inspirational leader who motivates others with a hands-on style and lead by example to achieve early successes, and bring positive momentum. Thrives in fast paced agile environment and able to bring clarity to ambiguous situations Should have handled large credit team directly and indirectly Good reputation and network within the NBFC/lending industry,

Keyskills :
credit assessmentcredit underwritingrisk analysissalesrisk managementoperations managementprocess improvementtechnology adoptionmarket analysisproduct developmentpricing strategydata analysisleadership