Credit Manager_LAP

Credit Manager - LAP

Job Summary:

The Credit Manager - LAP plays a crucial role in overseeing and managing the credit assessment process for Loan Against Property (LAP) products. This position is vital for maintaining an optimal balance between risk and profitability, ensuring that credit decisions align with the organization’s strategic objectives.

Key Responsibilities:

• Evaluate credit applications by conducting thorough financial analyses to assess borrower suitability and risk.
• Develop and implement credit policies and procedures to enhance the efficiency of LAP processing and minimize risk.
• Collaborate with the sales and underwriting teams to support the smooth processing of applications while maintaining compliance standards.
• Monitor portfolio performance regularly to identify trends, potential issues, and opportunities for improvement.
• Conduct training sessions for team members on credit guidelines, risk assessment frameworks, and compliance regulations.
• Prepare detailed reports on credit metrics, including delinquencies and recovery rates, for senior management review.
• Engage with external stakeholders, including clients and agencies, to facilitate loan evaluations and address inquiries.