Job Description

Job Title:

Credit Manager

Department:

Operations

Job Summary:

A

Credit Manager

in an NBFC (Non-Banking Financial Company) is responsible for evaluating loan applications, assessing creditworthiness, minimizing risk exposure, and ensuring compliance with lending policies. This role involves credit risk analysis, approval of loan proposals, and monitoring loan performance to maintain a healthy loan portfolio.

Key Responsibilities:

1. Loan Evaluation & Credit Assessment:

Review and assess loan applications based on financial documents, repayment capacity, and credit history. Conduct detailed financial analysis, including cash flow analysis, debt-to-income ratio, and credit scores. Evaluate borrower profiles, including individuals, SMEs, and corporate clients, to determine credit risk. Ensure adherence to NBFC lending norms, RBI regulations, and company credit policies.

2. Credit Risk Management:

Identify, analyze, and mitigate credit risks associated with loan disbursements. Implement risk assessment models and tools to evaluate loan default probabilities. Maintain a balanced credit portfolio with a focus on minimizing NPAs (Non-Performing Assets). Take corrective actions for overdue loans and coordinate with collections teams for recovery.

3. Loan Approval & Decision-Making:

Approve or escalate loan applications based on authority levels and company policies. Ensure that all approved loans meet the required risk parameters. Work with underwriting teams to refine credit policies and risk assessment models.

4. Compliance & Regulatory Adherence:

Ensure compliance with RBI guidelines, KYC norms, and anti-money laundering (AML) policies. Conduct periodic audits to verify loan approvals and documentation accuracy. Maintain proper records and documentation for regulatory reporting and audits.

5. Portfolio Monitoring & Analysis:

Track loan portfolio performance and identify trends in delinquency or default rates. Conduct stress testing and scenario analysis to predict future risks. Prepare reports on loan approvals, rejections, risk exposure, and financial trends for senior management.

6. Coordination & Stakeholder Management:

Liaise with sales, operations, and legal teams to ensure smooth loan processing. Collaborate with collection teams to monitor overdue accounts and improve recovery rates. Maintain strong relationships with credit bureaus, financial institutions, and regulatory bodies.

Required Skills & Qualifications:Educational Qualifications:

Bachelor's degree in Finance, Commerce or related field. Master's degree (MBA in Finance) is preferred.

Technical Skills:

Strong knowledge of

credit risk assessment, financial analysis, and underwriting principles

. Proficiency in

MS Excel, financial modeling, and risk assessment tools

. Familiarity with

Loan Management Systems (LMS), Credit Bureau Reports (CIBIL)

. Understanding of

RBI regulations, KYC norms, AML guidelines, and NBFC compliance

.

Soft Skills:

Analytical and problem-solving skills for assessing credit risks. Attention to detail and accuracy in financial evaluation. Strong decision-making abilities for loan approvals. Excellent communication and negotiation skills.

Experience Requirement:

3+ years

of experience in credit underwriting, risk assessment, or lending operations in an NBFC, bank, or financial services company.
Job Types: Full-time, Permanent

Pay: ₹300,000.00 - ₹600,000.00 per year

Benefits:

Provident Fund
Work Location: In person