Credit Manager

• Primary responsible is to underwrite self-employed applicants which includes both non-professionals and professionals.
  

SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES

Strategic/ Managerial Responsibilities

Core Responsibilities

• Credit delegation authority to be exercised with all due diligence within the policy framework.
• Adherence to the defined policy/process & timely decision on all applications being processed.
• Interpretation of credit bureau reports, dedupe checks, assessment of financial statements, plotting financial tools/spreadsheets & evaluate financial ratios, analysis of bank statements, ascertain existing liability of applicant and overall arriving the financial eligibility in line with the policy.
• To ensure all loan applications are processed within the defined turn-around time [TAT].
• Increase the efficiency of underwriting by reducing reworks and increasing FTR in all the activities carried.
• Follow up with sales counterparts for pending cases to ensure both credit TAT and E2E TAT are met as defined by the senior management.
• To check data entry quality is intact and error rate is minimal; periodic feedback to be shared with data entry vendors/ respective team.
• To conduct customer tele verification / physical visits- personal discussion with applicants to understand the profile, business model, requirement, end-use, seek clarification if any etc.
• To keep a track on market factors & identify the impact on credit portfolio & decisioning.
• To keep focus on creating high quality portfolio.
• Ensuring proper covenant management is done.
  

People Management Or Self-Management Responsibilities

• To interact closely with other functions such as Sales /Operations/ CSS/ Collections in ensuring smooth delivery of objectives.
• Vendor management: To manage all risk vendors such as CPV, PD, CPA vendor and in-house CPAs wherever available.
• To impart regular training and share feedback to improve quality.
  

Risk And Internal Control Responsibilities

• Audit & regulatory compliance on all aspects stipulated by central team.
• Credit quality: Ensuring Nil PAR errors and Nil QM cases.
• Credit authority delegation to be exercised without any instance of transgression of powers.
  

SECTION IV: KEY INTERACTIONS

Minimum Qualifications

• Graduate with experience; Freshers if MBA or CA.- for PL
• MBA /CA with minimum 2 years of experience. – for all other RB Product
  

Professional Certifications

• Any professional / additional certifications shall be an added advantage.
• Good understanding of financial analysis, P&L, balance sheet accounts. - for all other RB Product except PL
  

Language Skills

• Strong communication both oral & written in English with good negotiation skills.
  

Experience

Years of Experience

• MBA or CA Fresher / Min 1 years of underwriting experience. – For PL & New Car Loan
• MBA or CA Fresher / Min 2 years of underwriting experience. - for all other RB Product
  

Nature Of Experience

• Credit underwriting of business loans, working capital -SME loans, Housing /mortgage loans preferred.