Scope of the Role
To manage gold loan credit related requirements for the assigned geography and ensure implementation of credit checks while customer onboarding and monitoring portfolio on an ongoing basis to minimise credit loss.
Job Description
1) Implementation of the defined Gold Loan Policy.
2) Follow Regulatory requirements with respect to RBI guidelines.
3) Visit the branches regularly to cross check the adherence of Valuation process, Gold Loan Policy, and act on any lapses.
4) Responsible for evaluating and value the Gold as per Gold Standard and Bank policy guidelines.
5) To assess the regional factors and recommend for collateral. Acceptance policy changes.
6) Recommendation to Policy team for addition of any new jewellery items in the masters.
7) Base customer selection on Analytic s and Credit Bureau history.Responsible to take informed decisions on big deals and try to close them withmitigants.
8) Revisit underwriting processes to match the TAT of the industry.Base rejections with sound justification.
9) Approve Sale of Gold in case of Auctions.
Ideal Candidates
Looking for candidates with 10 years plus experience in Gold loan credit with any banks or NBFCs, preferring candidates who handled a team for at-least 5+ years will be ideal for the role. We are looking at place this candidate either at Bangalore or Chennai. Proper GL credit experience is a must.