Credit Manager - Equipment & Machinery Finance/ Chennai

Designation

Location

Product handled

Role & responsibilities

1. Loan Application Review

   : Analyse and verify loan applications and supporting documents.

2. Risk Assessment

   : Conduct thorough risk assessments and credit analyses to determine the borrowers ability to repay.

3. Compliance

   : Ensure all loan applications comply with regulatory standards and company policies.

4. Decision Making

   : Make loan approval or denial decisions based on risk assessment and company guidelines.

5. Documentation

   : Prepare detailed reports on assessment findings and document reasons for loan approval or denial and also maintaining paper documents as per company rules.

6. Communication

   : Interact with loan managers (Sales) and clients to obtain additional information or clarification as needed.

7. Market Knowledge

   : Stay updated on  industry and market trends and changes in regulations affecting loan underwriting.

Qualifications:

1. Education

   : Bachelors degree in finance, Preferably CA or MBA finance from a reputed college

2. Experience

   :  3-5years of experience in loan underwriting, preferably with high-ticket loans(working capital, Equipment & Machinery Finance)

3. Skills

   :
• Strong analytical and problem-solving skills.
• Excellent communication and decision-making abilities.
• Proficiency in underwriting software and financial tools.