Job Detail

Job Overview

• Role Title: Assistant Manager / Manager – Vehicle Loan Operations
• Industry Type: Non-Banking Financial Company (NBFC)
• Work Location: Head Office – Ernakulam (Kochi, Kerala)
• Compensation Range: ₹30,000 – ₹35,000 per month
• Experience Required: 3 to 5 years of core experience in lending operations
• Education Required: Any Graduation degree
• Candidate Preference: Male candidates

Core Key Responsibilities:

1. Loan Processing & Underwriting Support

• Scrutinize vehicle loan file applications.
• Verify asset invoices and dealer quotes.
• Validate registration certificate (RC) status reports.
• Audit physical credit check verification records.
• Ensure files match approved credit limits.

2. Disbursement & Collateral Management

• Release authorized dealer payment disbursement checks.
• Track Hypothecation (HP) endorsement updates.
• Secure and store vehicle loan collateral records.
• Rectify post-disbursement file documentation errors.
• Manage direct bank transfer settlement records.

3. Branch Coordination & Performance

• Monitor branch operational processing timelines daily.
• Resolve pending file bottlenecks with branches.
• Standardize vehicle loan documentation training processes.
• Conduct periodic branch loan ledger reconciliation.
• Escalate high-risk loan file deviations immediately.

4. Vendor & Dealer Relationship Management

• Liaison with regional RTO verification agents.
• Coordinate vehicle asset evaluation report deadlines.
• Manage tie-up auto dealership payout queries.
• Validate vendor service fee invoice details.

Required Skills & Qualifications

Technical Competencies

• Loan Management Systems (LMS): Practical experience operating core banking software or lending ERPs.
• Asset Knowledge: Clear understanding of two-wheeler, commercial vehicle, or private car financing metrics.
• Microsoft Office: Competency in handling daily branch data reports via Excel.