5.0 - 9.0 years

0 Lacs

karnataka

On-site

Fincv is a partnership firm founded in 2023, with the goal of building a dedicated marketplace that connects Small and Medium Enterprises (SMEs) with short-term capital specifically for commercial vehicle financing. The platform provides SMEs with an efficient way to access the necessary funds to support their commercial vehicle needs. Currently, Fincv operates in 11 locations across Karnataka, enabling businesses in the region to secure the financial resources they need to grow and thrive. Qualifications: - Bachelors degree in finance, Business Administration, or a related field (MBA or equivalent is a plus). - Minimum of 5 years of experience in credit risk management, with a focus on the commercial vehicles industry. - Strong understanding of credit policies, underwriting processes, and risk management techniques. - Proven track record of managing and leading teams, with excellent interpersonal and leadership skills. - In-depth knowledge of credit systems and tools. Preferred Skills: - Experience in the commercial vehicle segment or similar sectors is a plus. - Advanced knowledge of regulatory requirements and best practices in credit risk management. - Experience in training and mentoring team members to enhance performance. Key Responsibilities: Credit Approval Management: Support and co-partner with business teams to manage the end-to-end credit approval process for the designated region. Ensure all credit applications meet the organization's risk and compliance standards. Underwriting & Presentation: Underwrite credit cases and present them to senior management for review and final approval. Provide clear and accurate insights into the creditworthiness of applicants. Deviation Authorization: Authorize deviations raised by underwriters, ensuring compliance with the company's credit policies and processes. Credit Memo Finalization: Finalize and review credit memos prepared by underwriters. Provide approval or decline sign-offs on every file after ensuring that all required documentation is complete and in compliance with internal guidelines. Disbursement Approval: Approve all disbursement requests based on the successful completion of requirements, such as agreement value and full documentation at the branch level. PDD Management: Monitor and oversee Personal Discussion Documents (PDD) management. Ensure timely completion through customer visits for high-value cases. Vendor Coordination: Oversee and initiate follow-ups with external vendors (such as Financial Institutions, Legal, and Technical valuation teams) to ensure timely resolution of queries and report submissions, eliminating any delays that are outside the defined process. Recovery & Business Insights: Collaborate with the recoveries team to generate business insights and ensure appropriate actions are taken to mitigate risk and maximize portfolio health. Team Leadership & Training: Lead and manage a team of credit approvers to ensure portfolio quality and the reduction of delinquencies. Provide training, coaching, and continuous development to improve team competency and operational efficiency. Credit Program Development: Lead the development, implementation, and monitoring of various credit programs. Continuously assess and evolve the credit risk strategy to align with market changes and improve process efficiency. Due Diligence & Compliance: Ensure due diligence in all stages of the credit analysis process, including customer application screening, evaluation, underwriting, and loan sanctioning, adhering to both internal and external compliance regulations. Underwriting Norms Evolution: Work on evolving underwriting norms tailored to meet local market needs, ensuring continued improvement in credit risk strategy and underwriting execution.,

Posted 3 days ago

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Credit Manager-Wholesale Banking IDFC FIRST Bank

5.0 - 10.0 years

0 Lacs

mumbai, maharashtra, india

On-site

Job Requirements Role/ Job Title: Credit Manager - Wholesale Banking Function/ Department: Wholesale Banking Risk Job Purpose To manage and oversee the banks lending process within the wholesale banking segment, ensuring sound credit decisions through thorough evaluation of clients creditworthiness. The role involves developing credit scoring models, setting loan terms, and collaborating with cross-functional teams to implement and maintain robust credit policies and systems. Roles & Responsibilities Conduct regular asset quality reviews and provide analytical insights to identify risks and opportunities, recommending appropriate actions. Research and evaluate clients creditworthiness through financial analysis, site visits, and stakeholder discussions. Collaborate with business, legal, compliance, and portfolio analytics teams to assess credit requests and make informed decisions. Approve or reject loan applications based on risk assessment and potential revenue/loss impact. Negotiate loan terms with clients, ensuring alignment with bank policies and risk appetite. Review and update credit policies and risk acceptance criteria to reflect changes in regulatory requirements and business strategy. Partner with credit systems support teams to implement key credit policy criteria in relevant credit acceptance and evaluation systems. Education Qualification Graduation: Any Graduation (preferably in Finance, Commerce, or Economics) Post-graduation: MBA/PGDM in Finance or related field (preferred) Professional Qualification/Certification: Chartered Accountant (CA) or equivalent (preferred) Experience Minimum 5 to 10 years of relevant experience in credit risk assessment, preferably in wholesale banking. Show more Show less

Posted 2 weeks ago

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