1. Credit Assessment & Underwriting:
Evaluate loan applications for Loan Against Property (LAP) and Affordable Housing Loans at the location level.
Assess borrower profiles, financial statements, and property documents to determine creditworthiness.
Perform due diligence, including Customer meeting, tele verification check, CIBIL/credit bureau checks, banking analysis, and market references.
Ensure that loan proposals align with the company's credit policy and risk appetite.
2. Loan Processing & Decision Making:
Approve loan applications within the designated authority limit and recommend higher-value proposals as required.
Coordinate with legal, technical, and operations teams to ensure smooth loan processing and disbursement.
Managing vault and safe keeping of property documents and Identify potential risks in loan proposals and recommend mitigation strategies.
3. Risk & Portfolio Management:
Monitor the portfolio for early warning signals, delinquencies, and fraud detection.
Work closely with the collections team to ensure timely follow-ups on overdue accounts.
Conduct regular credit reviews and portfolio analysis to maintain a healthy loan book.
4. Compliance & Audit:
Ensure adherence to internal credit policies, RBI/NHB guidelines, and regulatory requirements.
Maintain proper documentation and ensure audit readiness at all times.
Work with internal and external auditors to ensure smooth audit processes.
5. Stakeholder & Team Management:
Provide training and guidance to sales and credit teams on loan policies and credit evaluation.
Collaborate with business teams to ensure a balance between growth and risk management.
Engage with legal and technical vendors for smooth processing of loan approvals.
Key Skills & Competencies:
Strong understanding of LAP & Affordable Housing Loans underwriting.
Knowledge of legal & technical aspects related to property financing.
Experience in credit risk assessment, financial analysis, and portfolio monitoring.
Familiarity with CIBIL, CRIF, and other credit assessment tools.
Attention to detail, decision-making ability, and problem-solving skills.
Excellent communication and stakeholder management skills.
About Kotak Mahindra Group:
Established in 1985, the Kotak Mahindra Group is one of India’s leading financial services conglomerates. In February 2003, Kotak Mahindra Finance Ltd. (KMFL), the Group’s flagship company, received a banking license from the Reserve Bank of India (RBI). With this, KMFL became the first non-banking finance company in India to become a bank – Kotak Mahindra Bank Limited.
The consolidated balance sheet of Kotak Mahindra Group is over 1 lakh crore and the consolidated net worth of the Group stands at 13,943 crore (approx US$ 2.6 billion) as on September 30, 2012.
The Group offers a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, mutual funds, life insurance and investment banking, the Group caters to the diverse financial needs of individuals and the corporate sector. The Group has a wide distribution network through branches and franchisees across India, and international offices in London, New York, California, Dubai, Abu Dhabi, Bahrain, Mauritius and Singapore. For more information, please visit the company’s website at https://www.kotak.bank.in/en/home.html
