State Credit Manager

1 week ago

Delhi, Delhi, India Aditya Birla Group Full time ₹ 15,00,000 - ₹ 28,00,000 per year

Aditya Birla Capital Limited

State Credit Manager - Secured - Delhi

Location: Barakhamba Road, New Delhi, Delhi

The purpose of this job is:

Review STSL credit proposals, carry out thorough due diligence within stipulated turnaround times and decision of the cases / recommend the same to respective authorities - Zonal Credit Manager, National Risk Manager, Credit Committee for decision/ approvals on the case

Maintain the quality of portfolio by regularly reviewing the portfolio and suggesting for the policy changes accordingly if any

Regularly Review & Monitor the Portfolio Performance, PDD movement and Compliance related matters

Regularly Review & Monitor Vendor Management and closure of Audit queries

Bringing in the Process Efficiency & Quality Improvement Initiative, Cost Reduction Initiatives and Stakeholder Management

Customer Centricity, Productivity and People Management

Key Result Areas

Supporting Actions

Portfolio Management –

Regularly Review & Monitor the Portfolio of the region. Bring in the expertise of identifying the grey areas which need immediate attention of the management. Track the movement of the portfolio is in-line with management mandate.

Quality is measured by delinquency, bounce rates, loss numbers, RCR and File quality scores are key deliverables

Business & Financial Management -

Calibrate the capacity plan in line with business needs

Identify and act upon various risk arising out of credit/process activities

Risk mitigation- bureau/rating agencies/collection reports to be reviewed

Do periodical stress tests to ensure necessary actions are taken in markets having sharp movement in real estate prices

Track and react to external influence on portfolio Bureau/rating agencies

Customer Focus -

Take decisions which are aligned to the management directive keeping customer in mind

Bring in the efficiency in the system by enabling decisions being taken within defined timelines

Understand the Salaried / Self Employed market dynamics for STSL business in smaller towns say tier 3 – 4 markets

People/Team Management –

Effective training and timely communication of policy & underwriting standard

Manage and supervise direct reports with continuous engagement on portfolio performance, process controls and supervisory review

Interaction with business and allied teams to incorporate changes

Strong interpersonal skills to manage team size of 10+ risk managers

Capable to mentor 3 - 4 middle layer Managers towards progressive career path

Productivity Management & Improvement –

Productivity and its management is the key deliverable

Quality is measured by no of files managed on monthly basis

Initiatives for improving the productivity at every level is also one of the key deliverables

Process & Quality Improvement -

Regularly Review & Monitor the PDD movement as one of the most important process laid down to be managed by RCM

Bringing in the Process Efficiency & Quality Improvement Initiative, Cost Reduction Initiatives Define credit underwriting standards and processes in accordance with ROC approved guidelines

Process adherence as measured by audit ratings, FTR score and TAT are key deliverables

Minimum Experience Level

6 - 12 years

Job Qualifications

Undergraduate

  • Zonal Credit Manager

    2 weeks ago

    Delhi, Delhi, India Credit Saison Full time ₹ 1,04,000 - ₹ 13,08,780 per year

    About Credit SaisonEstablished in 2019, CS India is one of the country's fastest growing Non-Bank Financial Company (NBFC) lenders, with verticals in wholesale, direct lending and tech-enabled partnerships with Non-Bank Financial Companies (NBFCs) and fintechs. Its tech-enabled model coupled with underwriting capability facilitates lending at scale, meeting...

  • State Insurance Manager

    1 week ago

    Delhi, Delhi, India Truhome Finance Limited Full time US$ 60,000 - US$ 1,20,000 per year

    Company DescriptionTruhome Finance Limited, formerly known as Shriram Housing Finance Limited, is a leading Affordable Housing Finance Company registered with NHB. Focused on serving low and middle-income Indians, Truhome employs proprietary sales tools to efficiently serve self-employed customers. With over 170 branches across 16 states and a presence in...

  • Credit Manager

    1 week ago

    Delhi, Delhi, India Indusind Bank Full time

    Job DescriptionThe Credit Manager - Personal Loans will be responsible for managing the credit risk assessment process for personal loan applications.The role includes reviewing loan applications, analyzing financial data, and determining creditworthiness.The Credit Manager will ensure that lending decisions align with the company's risk policies and will...

  • Credit Manager-Business Loans-Credit

    4 weeks ago

    Delhi, Delhi, India Kotak Mahindra Bank Limited Full time

    Job DescriptionRole : Credit Manager for Business LoansResponsible for evaluating and managing the creditworthiness of potential business borrowers, assessing risks, and ensuring compliance with company credit policies.They analyze financial information, monitor loan performance, and manage collections, ultimately minimizing financial risk and maximizing...

  • Assitant credit manager

    2 weeks ago

    Delhi, Delhi, India Fusion Finance Ltd Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Company DescriptionAt Fusion, we believe that financial empowerment is the foundation of meaningful progress. Guided by a strong social vision and a purpose-driven business model, we are committed to transforming lives at the grassroots by supporting underserved clients across rural and semi-urban India. Our mission is to build a financially literate,...

  • Credit Portfolio Manager

    7 days ago

    Delhi, Delhi, India beBeeRisk Full time ₹ 10,40,000 - ₹ 14,99,900

    Credit Management Job Description 1. Credit Analysts evaluate loan proposals from used car dealers sourced through various channels. 2. They develop and implement credit policies aligned with the company's strategy and target customer segment. 3. Underwriting models are designed based on bank policy parameters to manage risk and optimize credit decisions. 4....

  • Regional Credit Manager

    2 weeks ago

    Delhi, Delhi, India TATA CAPITAL Full time

    Job Category LAP-Credit 11007 To manage all activities pertaining to the sanction life cycle of all borrower accounts in the retail loan business for all short and medium term products Post Graduate Graduate in any discipline 1 Own the entire credit underwriting process for the assigned region including the consistent application of a credit...

  • Area Credit Manager

    1 week ago

    Delhi, Delhi, India SkillLabs Full time ₹ 15,00,000 - ₹ 28,00,000 per year

    Manage Credit Appraisal Underwriting of SME – inventory funding files as analyzing applicant's financial status and credit evaluations to determine feasibility of granting loans with preparing Credit Approval Memo (CAM). Required Candidate profileCandidates should have minimum 3 to 5 yrs underwriting of Credit Appraisal Underwriting of SME – Inventory...

  • Regional Credit Manager

    2 weeks ago

    Delhi, Delhi, India TATA CAPITAL Full time

    Credit Portfolio Oversight Assume responsibility for the continuous monitoring and management of Midcorporate Division s diverse credit portfolio Implement a systematic approach to assess the overall health and performance of individual exposures within the portfolio Undertake in-depth and ongoing analyses of business performance meticulously comparing...

  • Team Leader/Assistant Manager

    1 week ago

    Delhi, Delhi, India FAST CREDIT Full time US$ 6,00,000 - US$ 12,00,000 per year

    Company DescriptionFAST CREDIT is an innovative online marketplace that provides the best quotations for Personal Loans, Housing Loans, and Loans against Property. With expert financial advisors, FAST CREDIT aims to offer clients financial freedom and sound advice. Our platform is designed to assist customers in making informed financial decisions tailored...