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Credit Manager - Micro Finance Business - Mumbai

Credit Manager - Micro Finance Business - Mumbai

Tata Capital

3 - 8 years

10 - 14 Lacs

Mumbai

Posted:5 days ago| Platform:

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Skills Required

nbfc credit underwriting mfi mis credit risk analysis financial institutions risk management credit management business finance dns sfb active directory management audit ms exchange credit policy annual reports exchange server financial statements

Work Mode

Work from Office

Job Type

Full Time

Job Description

We are looking for a highly skilled and experienced Credit Manager to join our team in Mumbai. The ideal candidate will have 3 to 8 years of experience in credit underwriting, preferably in an NBFC, MFI, SFB, or bank.
Roles and Responsibility

Responsible for credit risk analysis and underwriting for microfinance and business correspondent loan proposals.

Reviews and analyzes operations, financial statements, annual reports, CIBIL, AMLOCK, and other relevant information.

Periodically reviews the sector through detailed reports and prepares quarterly and event-based reports on industry and client level updates for senior management.

Prepares reports and presentations of findings and recommendations for seniors.

Reviews and assesses JLG loan applications and business correspondence within defined guidelines.

Underwrites corporate proposals for financial institutions covering microfinance funded business correspondence partners.

Assesses income to obligation ratios and loan to value ratios, with a deep understanding of the rationale behind ratio calculations and their impact on loan performance over long tenures.

Maintains portfolio MIS, delinquency MIS, and other operations-related MIS of the cluster and regularly reports the same.

Facilitates critical review and documentation of proposals and effectively monitors client and collateral creditworthiness from pre-sanction to post-disbursement, undertaking risk mitigation steps while ensuring adherence to legal and documentation norms and policies.

Improves underwriting efficiencies while ensuring adequate risk management and prepares score-based internal rating models to recommend risk-adjusted credit decisions through detailed assessment reports, along with measures to mitigate risks.

Prepares Early Warning Signals reports for the segment based on evolving credit controls at clients'' end and external environment to control PDs and LGDs for the entire portfolio.

Manages audits and ensures adherence to regulatory and internal policy guidelines, ensuring 100% compliance in lending standards adhering to the company''s credit policy.

Evaluates policy adherence time to time and raises red flags when it is breached, working closely with the risk team to highlight possible credit losses at different points.

Manages credit cost at the lowest level benchmarked to industry and provides expert views when new products or processes are introduced, giving signoff approval.

Collaborates with cross-functional teams to achieve business objectives and drive growth.

Job

Minimum 3 years of experience in credit underwriting, preferably in an NBFC, MFI, SFB, or bank.

Strong understanding of credit underwriting principles, including scorecards and income to obligation ratios.

Experience with business correspondent models, JLG, SHG, and direct lending business.

Familiarity with technology and automation, as well as good analytical and problem-solving skills.

Ability to work closely with cross-functional teams and communicate complex ideas effectively.

Post Graduate/Graduate in any discipline.

EducationPost Graduate/Graduate in any discipline.

TitleCredit Manager - Micro Finance Business - Mumbai - Lodha (I-Think Techno Campus) - JM, ref=6589335.

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Tata Capital

Financial Services

Mumbai Maharashtra

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Credit Manager - Micro Finance Business - Mumbai