Credit Manager
Credit Manager
Posted on :
18-11-2024
Employer Active
1 Vacancy
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Job Description
Job Description: Credit Manager Unsecured Loans
Job Title: Credit Manager Unsecured Loans
Location: Ajmer Rajasthan
Department: Credit/Risk Management
Salary: UPTO 8 LPA
Job Summary:
The Credit Manager Unsecured Loans is responsible for evaluating and approving credit applications managing credit risk and ensuring compliance with company policies and regulatory standards. The role demands strong analytical abilities decisionmaking skills and a thorough understanding of unsecured lending products.
Key Responsibilities:
Credit Evaluation and Underwriting:
- Assess creditworthiness of applicants by analyzing financial statements credit history and repayment capacity.
- Evaluate unsecured loan applications such as personal loans business loans or other noncollateralized lending products.
- Make sound decisions on loan approvals within assigned authority limits or escalate applications for higher approvals as necessary.
- Ensure underwriting practices are aligned with internal policies and regulatory requirements.
Risk Management:
- Monitor portfolio performance and identify early warning signals to mitigate potential risks.
- Collaborate with collections teams to address delinquent accounts and develop risk mitigation strategies.
- Periodically review credit policies and recommend adjustments to balance risk and business growth objectives.
Stakeholder Collaboration:
- Work closely with sales and operations teams to ensure smooth processing and alignment of goals.
- Provide training and guidance to junior staff or credit analysts to ensure consistent evaluation standards.
Compliance and Reporting:
- Maintain accurate and complete records of credit decisions and ensure compliance with all relevant regulations.
- Prepare and present reports on portfolio performance delinquency trends and other metrics to senior management.
Key Qualifications:
- Education: Bachelor’s degree in Finance Accounting Business or a related field. MBA or professional certification (e.g. CA CFA) is a plus.
- Experience:
- 3 years of experience in credit evaluation preferably in unsecured lending.
- Familiarity with fintechbased lending platforms or digital credit models is an advantage.
- Skills:
- Strong analytical and decisionmaking skills.
- Excellent understanding of credit risk principles and lending regulations.
- Proficient in financial analysis tools and credit scoring models.
- Effective communication and interpersonal skills.
Key Competencies:
- Attention to detail and accuracy.
- Ability to work under pressure and meet tight deadlines.
- High level of integrity and ethical conduct.
- Team player with the ability to manage crossfunctional relationships.
Regards
HR Mansi
Employment Type
Full Time
Key Skills
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