Credit Manager

 Job Description: Credit Manager in Home Loan and LAPResponsibilities:Credit Assessment: Evaluate creditworthiness of home loan and LAP applicants based on financial documents, credit history, and risk analysis.Underwriting: Review loan applications, ensuring compliance with lending policies, regulatory requirements, and internal guidelines.Decision Making: Make informed decisions on loan approvals, rejections, or modifications, considering factors such as applicant's income, debt-to-income ratio, collateral, and credit score.Risk Management: Identify potential risks associated with loan applications and develop strategies to mitigate them, ensuring a balanced loan portfolio.Client Communication: Communicate credit decisions to applicants and provide explanations for denials or requests for additional information.Collaboration: Work closely with sales, operations, and legal teams to streamline the loan approval process and resolve any issues that may arise.Policy Development: Contribute to the development and refinement of lending policies, procedures, and credit scoring models to enhance efficiency and risk management.Qualifications:Bachelor's degree in finance, accounting, or related field. Master's degree preferred.Proven experience in credit assessment and underwriting, specifically in the home loan and LAP segment.Strong understanding of lending principles, credit analysis techniques, and regulatory requirements.Excellent analytical skills with the ability to interpret complex financial data and make sound decisions.Effective communication and negotiation skills, with the ability to interact confidently with clients and internal stakeholders.Attention to detail and ability to work efficiently in a fast-paced environment.Knowledge of industry-specific software and tools used for credit analysis and underwriting..Location: Aashiyana,LucknowHow to Apply:Share Your Resume On