Credit Policy and Portfolio Specialist

1 day ago


Gurgaon, Haryana, India CARS24 Full time
About Us

CARS24 Financial Services is revolutionizing car ownership with a seamless, end-to-end experience. Our mission is to make car ownership stress-free, allowing customers to focus on the joy of driving. We're building a OneStop shop – a Super App for all their car needs – powered by technology, data science, and deep customer insights.

Job Overview

We are seeking an experienced Credit Policy and Portfolio Manager to develop, implement, and manage credit policies for working capital products. The ideal candidate will have a strong understanding of credit underwriting, portfolio risk management, and financial analysis.

Key Responsibilities:
  • Credit Policy Development: Design and implement credit policies for working capital products tailored to different segments (SME, Dealer finance, cash credit or overdraft). Ensure alignment with regulatory requirements and internal risk appetite.
  • Underwriting and Risk Assessment: Develop 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.
  • Stakeholder Management: Collaborate with business development teams to align credit policy with market needs.
  • Risk Reporting and Analytics: Develop periodic risk reports and dashboards for senior management. Utilize data analytics to refine credit policies.
Requirements
  • At least 7 years of experience in credit risk management, portfolio management, or credit underwriting, preferably in working capital or SME lending.
  • Prior experience in automotive financing, especially with dealer loans and floor plan financing.
  • Strong understanding of credit risk analysis, underwriting processes, and working capital products.
Compensation and Benefits

The estimated salary for this position is $120,000 - $180,000 per annum, depending on location and experience. In addition to a competitive salary, we offer a comprehensive benefits package, including health insurance, retirement plans, and paid time off.



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