Job Title: Credit Manager - Payday Loans Reports to: Senior Management/Risk Head Location: Mumbai/Delhi NCR/Noida (varies based on company requirements) Key Responsibilities: - Credit Risk Assessment: Evaluate creditworthiness of customers applying for payday loans, ensuring adherence to company credit policies and regulatory requirements. - Loan Approval/Rejection: Approve or reject loan applications based on credit scoring models, income verification, and other relevant factors. - Credit Policy Development: Develop, review, and update credit policies to minimize bad debts and optimize loan portfolio performance. - Team Management: Lead and mentor a team of credit analysts, providing guidance on credit assessment, risk management, and customer service. - Portfolio Monitoring: Oversee loan portfolio performance, identifying potential credit risks and implementing strategies to mitigate them. - Stakeholder Communication: Collaborate with sales teams, operations, and senior management to ensure alignment and effective credit management. Requirements: - Qualifications: CA/MBA Finance with minimum 3-7 years of experience in credit risk management, preferably in an NBFC or banking institution. - Skills: - Strong analytical and problem-solving skills. - Excellent communication and interpersonal skills. - Ability to work under pressure and meet deadlines. - Proficient in financial modeling, credit scoring, and risk assessment. - Experience: Previous experience in credit management, loan approval, and risk assessment is essential. Key Skills: - Analytical Skills: Ability to evaluate creditworthiness, assess risk, and make informed decisions. - Communication Skills: Effective communication with customers, sales teams, and stakeholders. - Leadership Skills: Ability to lead and mentor a team of credit analysts. - Risk Management: Strong understanding of credit risk management principles and practices. Job Types: Full-time, Permanent Pay: ₹300,000.00 - ₹400,000.00 per year Benefits: Cell phone reimbursement Paid sick time Schedule: Day shift Fixed shift Weekend availability Supplemental Pay: Commission pay Overtime pay Performance bonus Yearly bonus Work Location: In person