Z-3032 | Branch Credit Manager

Location: Karad

Job Summary:

The Credit Underwriter will be responsible for assessing and analyzing loan applications for the Secured Business Loan - Loans Against Property (LAP) & Unsecured Business Loan product. This role requires a thorough understanding of credit risk assessment, strong analytical skills, and the ability to make sound credit decisions. The ideal candidate will have significant experience in credit underwriting within an NBFC and a deep understanding of LAP products.

Key Responsibilities:

• Credit Assessment: Evaluate loan applications by analyzing financial statements, credit reports, property valuations, and other relevant documents.
• Risk Analysis: Identify and assess potential risks associated with each loan application and make informed decisions to mitigate those risks.
• Decision Making: Approve or recommend credit decisions based on the analysis of the applicant's creditworthiness, repayment capacity, and collateral value.
• Documentation Review: Ensure all necessary documentation is complete, accurate, and compliant with internal policies and regulatory requirements.
• Collaboration: Work closely with the sales, legal, and operations teams to ensure a smooth and efficient loan approval process.
• Credit Policies: Develop, review, and update credit policies and procedures to ensure they are in line with industry best practices and regulatory standards.
• Reporting: Prepare and present detailed credit reports and risk assessments to senior management.
• Continuous Improvement: Identify opportunities for process improvements and suggest practical solutions to enhance the credit underwriting process.