Manager – Credit Manager – Vehicle Loans

Job Title: Credit Manager / Credit Analyst Department: Credit and Risk Management Reports To: Senior Credit Manager / Head of Credit Job Purpose: The Credit Manager/Analyst is responsible for evaluating loan applications, assessing creditworthiness, and ensuring compliance with internal policies and procedures. The role demands thorough financial analysis, risk assessment, and portfolio monitoring to maintain credit quality and support business growth. Key Duties & Responsibilities:1. Credit Assessment: Appraise and underwrite loan applications within defined credit policy guidelines. Recommend loan approvals to the appropriate authority based on assessment. Conduct detailed scrutiny of loan files in line with internal policies and process checks. Assess the income, repayment capacity, intention, and overall credit behaviour of applicants. Perform verification of documents, conduct reference checks, and ensure thorough bureau checks and customer due diligence. Understand the applicant’s business model, evaluate the revenue streams, and identify associated risks. Evaluate key credit risk parameters and implement effective risk mitigation measures. Prepare comprehensive credit approval memos with clear justifications. Manage turnaround time (TAT) for approvals and strive to maintain or improve approval rates. 2. Credit Monitoring: Ensure 100% adherence to credit policies, processes, and risk management frameworks. Regularly monitor portfolio quality and detect early warning signals. Conduct periodic reviews of exception approvals and perform rejection analysis to draw actionable insights. Take corrective actions based on monitoring to maintain portfolio health and minimize delinquencies. Ensure that credit costs remain under control without compromising on growth targets. Key Skills & Competencies: Strong analytical and financial assessment skills. Thorough understanding of credit appraisal processes, risk evaluation, and mitigation. Excellent knowledge of bureau reports, financial ratios, and business analysis. Decision-making ability under tight deadlines while balancing risk and business objectives. Strong written and verbal communication skills. Eye for detail and process-oriented mindset. Good understanding of compliance and regulatory frameworks related to lending. Educational Qualifications: Bachelor’s Degree in Finance, Commerce, Business, or a related field (Mandatory). Master’s degree in Finance / MBA / CA / CFA (Preferred). Experience:3–8 years of experience in Credit Risk, Underwriting, or Credit Assessment in Banking, NBFC, or Financial Services industry. Desired Attributes: High integrity and ethical standards. Ability to work independently with minimal supervision. Collaborative approach with cross-functional teams. Strong focus on portfolio quality, process adherence, and customer service. Employment Type: Full-time