Area Credit Manager

Area Credit Manager Area Credit Manager Weightage 100 % SNO. OBJECTIVE WEIGHTAGE KEY PERFORMANCE INDICATOR Annexure 1 To diligently appraise loan applications in line with credit policy of the organization - NCV, UCV & Used Car 'ED as per treshold levels and ''Quick Mortality% 35% ED as per Treshold Levels Quick Mortality as per Threshold level Annexure 1 2 Support the sales team in achieving their objectives (Colloboration) 20% Target Vs. Achievement Annexure 2 3 Ensure that file is complete in all aspects before the loan is disbursed as per FTR by training the team 15% FTR% Annexure 3 4 Ensure Audit Compliance across branches (Process Orientation) 10% Audit Compliance Annexure 4 5 Ensure Completion of PDD on time for the loans disbursed 10% PPD Completion Annexure 5 6 Team Management 5% Attritiion % Annexure 6 7 Team Development 5% Training to Team Annexure 7 Annexure - 1 Scoring method 5 (Outstanding) 4 (Excellent) 3 (Very Good) 2 (Good) 1 (Adequate) ED as per Treshold Levels - NCV 1.5-2% 2-2.5% 2.5-3% >3% ED as per Treshold Levels - UCV 2-2.5% 2.5-3% 3-4% >4% Annexure - 2 Scoring method 5 (Outstanding) 4 (Excellent) 3 (Very Good) 2 (Good) 1 (Adequate) Support the sales team in achieving their objectives (Colloboration) 100% Annexure - 3 Scoring Method 5 (Outstanding) 4 (Excellent) 3 (Very Good) 2 (Good) 1 (Adequate) Ensure that file is complete in all aspects before the loan is disbursed as per FTR by training the team >95% 91-95% 86-90% 80-85% Annexure-4 Market Intellegence 5 (Outstanding) 4 (Excellent) 3 (Very Good) 2 (Good) 1 (Adequate) Ensure Audit Compliance across branches (Process Orientation) >95% 91-95% 86-90% 80-85% Annexure-5 Scoring method 5 (Outstanding) 4 (Excellent) 3 (Very Good) 2 (Good) 1 (Adequate) Ensure Completion of PDD on time for the loans disbursed >95% 91-95% 86-90% 80-85% Team Management Scoring method 5 (Outstanding) 4 (Excellent) 3 (Very Good) 2 (Good) 1 (Adequate) Attrition % 11% - 15% Annualized Attrition 16% - 25% Annualized Attrition 26% -35% Annualized Attrition >35% Annualized Attrition Team Development Scoring method 5 (Outstanding) 4 (Excellent) 3 (Very Good) 2 (Good) 1 (Adequate) Average Mandays of Training per Team Member >=3 2.5-2.99 2-2.49 1-1.99