Credit Manager
STAFFIAA
Date: 3 days ago
City: Ajmer, Rajasthan
Contract type: Full time
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, decision-making skills, and a thorough understanding of unsecured lending products.
Key Responsibilities
Credit Evaluation and Underwriting:
HR Mansi
9236363029
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, decision-making 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 non-collateralized 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.
- 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.
- 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.
- 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.
- 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 fintech-based lending platforms or digital credit models is an advantage.
- Skills:
- Strong analytical and decision-making skills.
- Excellent understanding of credit risk principles and lending regulations.
- Proficient in financial analysis tools and credit scoring models.
- Effective communication and interpersonal skills.
- 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 cross-functional relationships.
HR Mansi
9236363029
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