Muthoottu Mini

Urgent Hiring : Senior Manager - Credit (Microfinance). Muthoottu Mini Financiers Ltd. Location: Head Office - Kaloor, Kochi. Department: Microfinance. Experience Level: 10+ Years. Application Deadline: Immediate Joining. Join One of India's Leading NBFCs. Muthoottu Mini Financiers Ltd, with a proud legacy of over 100 years in financial services, is looking for a seasoned professional to join our fast-growing Microfinance Division. We are seeking a highly capable Senior Manager - Credit (Microfinance) to lead and strengthen our credit and collections operations. Key Responsibilities:- Develop and implement robust credit policies, underwriting norms, and risk assessment frameworks specific to the microfinance customer segment.- Lead end-to-end credit appraisal and loan approval processes across branches and regional offices.- Monitor and manage the performance of the loan portfolio, with a strong focus on collections, delinquency control, and NPA reduction.- Design and implement collection strategies in coordination with regional and branch teams to ensure timely recovery and minimize overdue accounts.- Collaborate closely with field operations, collections, product, and compliance teams to align credit decisions with ground realities and business goals.- Conduct regular portfolio reviews, analyze early warning signals, and initiate pre-emptive collection measures to protect asset quality.- Mentor and train credit analysts, branch credit officers, and collection staff on risk evaluation, credit policy adherence, and recovery procedures.- Drive digitization of credit and collection processes for better turnaround, tracking, and transparency.- Ensure full compliance with RBI guidelines, NBFC-MFI regulatory norms, and internal audit requirements.- Support internal and external audits, inspections, and portfolio reviews related to credit and collections. Candidate Requirements:- Education: Graduate/Postgraduate in Finance, Commerce, Business Administration, or related field.- Certifications in Credit or Risk Management will be an added advantage.- Experience: Minimum 10 years in credit assessment, underwriting, or risk management in the Microfinance or NBFC-MFI sector (Mandatory).- Strong analytical, leadership, and interpersonal skills.- Deep understanding of microfinance customer behavior, lending patterns, and regional risk trends.- Proficiency in analyzing credit bureau data, managing MIS reports, and using Loan Origination Systems (LOS). (ref:iimjobs.com)