Credit Manager null

About HDFC Bank

HDFC Bank has grown at an average annual growth rate of over 65% and now has over 839 branches across India with a total business volume of more than INR 2 lakh crore. HDFC offers many products and services to its customers, including commercial banking, retail banking, investment banking, wealth management, and insurance. The company also has its credit card, home loan, and auto loan schemes.

Your Role

• Credit Delivery Adherence to defined Policies and Processes with minimum defects, and increasing the efficiency of underwriting by reducing reworks and increasing FTAR.
• Follow up with business counterparts and other stakeholders for pending cases and FTNR reduction to ensure both credit TAT and E2E TAT are met as defined by the management.
• Using different scoring models /tools as rolled by senior management to differentiate between customer segments while underwriting.
• Follow up with the business counterparts for housekeeping Parameters such as PDDs / RC pendency / Mutation Checks / Overdue deferrals Credit Visit to understand Non-Starters / EMR for RCA and update senior management.
• Credit Quality Ensuring Minimal PAR errors.
• Ensuring Non-starter and EMR is within Budget.
• Vendor Management & House Keeping Visit to Vendors at regular intervals to keep a close watch on quality.
• Training of Vendor staff in line with the policy and process of the Bank Processing vendor bills after thorough reconciliation with internal MIS.
• Ensure all relevant support is extended to the auditors for a smooth closure and the report is satisfactory.
• Monitoring To ensure Approval Rate / Credit & E2E TAT / FTAR / Pending Reasons / Rejection Reason to be monitored on a real-time basis at a location level across products to check slippages.
• To ensure PDD for vehicle loan products are reviewed as per prescribed policy and necessary follow-up with stakeholders.
• Both Credit and business deferrals are reviewed and followed up with stakeholders for closure.

Training & Development

The HDFC Bank focuses on training its employees on a continuous basis, both on the job and through training programs conducted by internal and external faculty. The Bank has consistently believed that broader employee ownership of its share has a positive impact on its performance and employee motivation.

Salary & Benefits

The estimated salary for this role ranges from INR 303,000 to INR 972,000 per year. Pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements depending on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

• Employee Stock Option Scheme (‘ESOS’).
• Gratuity.
• Retirement Benefits.
• Entitlement to receive benefits under the provident fund.
• Pension.
• Higher Medical cover.
• Leave encashment / Compensated absences.

Career Progression

HDFC Bank offers several job opportunities to professionals at various levels, including junior management trainee positions, assistant manager positions, officer positions, senior manager positions, executive management positions, etc.

Work-Life Balance

At HDFC Bank, they believe in creating value in the lives of all its stakeholders. It is a source of great pride therefore that the Bank has been certified as a Great Place To Work. What’s most encouraging is that the certification was the result of an employee survey conducted by a third-party global authority on recognizing high-trust and performance culture at workplaces.

Culture & Vibe

The HDFC Company is very casual. The employees are relaxed and friendly. The work environment is casual, with a dress code of business casual. 

About You

• Basic aptitude.
• Basic Financial Analysis.
• Communication skills.
• Interpersonal Skills.
• Ability to Negotiate.

How to Apply

• HDFC's selection process consists of both online and offline tests.
• The company itself conducts the online test, whereas the offline test is conducted by a third-party agency functioning under its supervision.
• To apply for this position, simply click the "Apply on employer site" button on this page.

Sources

The following sources were used in researching this page.

• v.hdfcbank.com/HDFC-benefits
• hdfcbank.com/HDFC-work-life balance
• recruitmentinboxx.com/HDFC-salary
• prosple.com/HDFC-culture