Working Capital and Dealer Finance Credit Policy Manager
3 days ago
CARS24 Financial Services is a leading AutoTech company, transforming car ownership journeys through technology, data science, and customer insights.
Our mission is to ensure car ownership is stress-free, allowing customers to focus on the open road. We aim to grow 10x in the next five years.
About the RoleThe Working Capital and Dealer Finance Credit Policy Manager will develop, implement, and manage credit policies for working capital products, overseeing portfolio performance, assessing risks, and ensuring regulatory compliance.
- Develop tailored credit policies for different segments, aligning with regulatory requirements and internal risk appetite.
- Design and improve underwriting frameworks to assess borrower creditworthiness.
- Monitor and manage the working capital portfolio, conducting regular reviews to identify emerging risks.
- Oversee the credit approval process, managing exceptions and escalating significant issues.
This role requires a strong understanding of credit underwriting, portfolio risk management, and financial analysis, with a minimum of 7 years of experience in credit risk management or related fields.
Key Responsibilities:- Credit Policy Development: Develop and implement credit policies for working capital products tailored to different segments (SME, Dealer finance, cash credit or overdraft etc.). Ensure alignment of credit policies with regulatory requirements and internal risk appetite.
- Underwriting and Risk Assessment: Design and improve credit underwriting frameworks to assess the creditworthiness of borrowers.
- Portfolio Management: Monitor and manage the working capital portfolio to ensure healthy performance. Conduct regular portfolio reviews to identify emerging risks.
- Credit Approval Process: Oversee the credit approval process for working capital products. Manage exceptions and escalate significant credit issues.
- Risk Reporting and Analytics: Develop periodic risk reports and dashboards for senior management. Use data analytics to refine credit policies.
We are looking for individuals with a strong understanding of credit risk analysis, underwriting processes, and working capital products. Prior experience in automotive financing, especially with dealer loans and floor plan financing, is preferred.
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