Lead - Post Disbursal Documentation and Credit Compliance

LEAD PDD & CREDIT COMPLIANCE Role Profile Lead - PDD & Credit Compliance ROLE SPECIFICATION Role Title Lead - PDD & Credit compliance Employee Interviewed Reports To National Credit Head-SULB Company Muthoot Fincorp Ltd Function/Department Credit Location Written By Approved By (Functional Head) Date (Written On) ROLE SUMMARY (PURPOSE) Own the entire PDD lifecycle across LAP, HL & other secured products. Build policy, process, and team to ensure 100% compliance on post-disbursal documentation. Minimize legal & audit risk by closing PDD items within RBI timelines and strengthening enforceability of security. ORGANIZATIONAL CHART National Credit Head-SULB Lead - PDD & Credit Compliance KEY RESPONSIBILITIES PDD Policy & Governance Define PDD framework: What can be post-disbursal, max timelines, critical vs non-critical classification Set product-wise PDD matrix: LAP needs MODT, RM, ROC, insurance and other documents. HL needs mortgage, MODT, RM, tripartite, occupancy certificate and other documents. Align with Credit Policy, Legal, Risk, Compliance. Get Credit Committee approval for changes Review policy quarterly based on audit findings, RBI circulars, NPA root cause Portfolio Monitoring & Control Own pan-India PDD MIS: Ageing >30/60/90/180 days, branch/RM/state wise, doc type wise Set targets: 90 days, Zero critical PDD >180 days Drive closure: Weekly war-room with Sales, Credit, Ops heads. Escalate to Business Head/Head – Credit/CBO Design incentive linkage: Hold 20% of RM incentive if critical PDD pending >60 days Credit Compliance Pre & Post Disbursal Pre-disbursal compliance check: Sanction vs policy. Post-disbursal audit: Sample 20% files monthly. Check if conditions met, docs executed correctly, disbursement memo matches sanction Regulatory compliance: KYC, CKYC, PMLA, Fair Practice Code, RBI digital lending norms, RERA, SARFAESI docs Deviations monitoring: Track all deviations approved. Trend analysis for policy correction Compliance & Audit Management Ensure RBI compliance: CERSAI within 30 days, mortgage perfection, insurance assignment Primary SPOC for RBI, NHB, internal & statutory audit on PDD Zero tolerance for findings: “Disbursed without MODT clause”, “CERSAI not filed” Maintain audit trail & evidence repositories for all PDD closures Team & Vendor Management Build domain experts on MODT, RM, ROC, CERSAI Manage legal vendors for MODT, ROC filing agencies. SLA: 15 days TAT Empanel/de-panel based on performance. Cost negotiation. KEY INTERACTIONS Internal Stakeholders External Stakeholders Credit Sales Operation Technical RCU Legal IT Vendors KEY ROLE DIMENSIONS This is a Pan India Individual Contribution role, which requires continuous communication, mostly with senior leaders, compliance and technology team KEY SKILLS & BEHAVIOURAL ATTRIBUTES Experience in PDD & Vendor management Credit, Operation & Legal Functional expertise Familiar with a variety of location specific Collateral legal concepts, practices and procedures Strong understanding of the geographical spread Strong analytical skills and rich experience in conceptualizing strategy Ownership High Energy levels Result Orientation with execution Cross Functional Team Synergy Decision making Effective communication Problem Solving Ethical & value driven A Team player who can manage efficiently in a Changing environment Ability to multitask and prioritize workload to complete assigned responsibilities in a fast paced changing environment Good oral, written and presentation skills EDUCATION / EXPERIENCE Experience: 8-15 yrs in Credit/Ops/Legal. 3+ yrs in PDD/Compliance leadership Any UG/PG preferably Finance/Management degree