Credit Manager-Used Cars

Job Requirements

The Credit Manager – Used Car

Primary Responsibilities

• Responsible for underwriting Used Car proposals as per the laid down policies & procedure to honour the agreed SLAs and manage business volumes.
• Conduct personal discussion with customers to establish credit worthiness.
• Coordinate with sales to achieve targets and ensure SLAs are met.
• Ensuring credit policy adherence to the accepted standards
• Review and approve credit proposals given the discretionary authority and forward others to appropriate approval authority while ensuring compliance with the bank’s credit policy.
• Ensure credit and business commitments are aligned with the bank’s strategic goals.
• Identify key credit risks and recommend appropriate mitigation strategies during proposal evaluations.
• Vendor co-ordination for CPV, PD & Valuation agencies for Quality & TAT as per the agreed SLA’s.
• Channel co-ordination for improvement in TAT & Quality sourcing.
  

• Monitor and review the performance of the retail credit portfolio on a regular basis, providing recommendations for changes wherever necessary.
• Recommend improvements to processes and policies across to drive operational efficiencies and high-quality service.
• Preparing Internal MIS's for tracking the Productivity & TAT and ensuring the corrective measures are taken for the gaps identified.
  

• Graduation/MBA/CA
  

Experience

• Minimum of 1 years of relevant experience in credit evaluation, financial analysis, or related fields.
  

• Strong analytical and financial assessment skills.
• Ability to interpret financial statements and apply financial ratios effectively.
• Excellent communication and interpersonal skills for dealer and team interactions.
• Proficiency in managing MIS reports and databases.
• Detail-oriented with a proactive approach to risk identification and resolution.