Assistant Manager – Credit

Role Overview

As an Assistant Manager – Credit (Supply Chain Finance), you will own the end-to-end underwriting cycle for Supply Chain Finance programs—from eligibility assessment and financial analysis to credit memo preparation, risk evaluation, due diligence, and portfolio monitoring.

You will collaborate closely with Business, Operations, Legal, Tech, and anchor/vendor partners to build a high-quality credit portfolio while maintaining strong governance and risk controls.

A) Intake & Preliminary Assessment

• Review login files received from Business/Originations for completeness (KYC, financials, bank data, GST, invoices, anchor/vendor documentation, comfort letters, etc.).

• Perform eligibility screening through credit bureau pulls (CIBIL/CRIF/Experian/Equifax) and summarize key bureau insights.

• Run KYC/AML/PEP/sanctions checks (including CKYC), highlighting deviations and red-flag indicators.

• Prepare a CAM-lite summary: business snapshot, banking behaviour, bureau highlights, anchor/vendor dynamics, GST trends, and checklist gaps.

• Where appropriate, conduct reference checks and site/virtual visits; identify UBO/related-party links.

B) Full-Cycle Underwriting

• Analyze financial statements, GST data, cash flows, and bank behaviour to assess borrower repayment capacity.

• Evaluate anchor/vendor program structures including exposure, concentration risk, payment cycles, invoice quality, and counterparty performance.

• Assess SCF product fitment for receivables, payables, distributor/vendor financing and anchor-led programs.

• Prepare detailed Credit Assessment Memos (CAMs) including risk ratings, mitigants, pricing justification, covenants, and recommendations.

• Validate documentation requirements (agreements, undertakings, board resolutions, comfort letters, guarantees, etc.) in coordination with Legal.

C) Risk Evaluation & Decisioning

• Identify early warning signals—GST anomalies, invoice ageing, cash flow gaps, banking stress patterns, anchor delays.

• Conduct fraud checks and verify authenticity of invoices, IRNs, anchor/vendor relationships, and trade flows.

• Assess program-level risks: industry cycles, anchor concentration, supply-chain disruptions, seasonality, and counterparty risks.

• Present credit cases to internal committees; provide clear justification of risks, deviations, and recommended structures.

D) Post-Approval & Disbursal Readiness

• Validate compliance with sanction conditions, covenants, and documentation checklists before disbursal.

• Review invoice eligibility, limit setting, pricing/tenor alignment, and anchor/vendor linkages.

• Coordinate with Operations for seamless execution of approved deals.

E) Portfolio Monitoring & Risk Controls

• Monitor borrower/anchor/vendor performance through MIS, bank/GST data, ageing buckets, utilisation, delinquencies, and exceptions.

• Track NPA/DPD movement and recommend corrective actions such as limit resizing, restructuring, or enhanced monitoring.

• Support monthly credit bureau reporting by validating loan statuses and remedying disputes.

• Assist with regulatory reporting (where credit input is required), internal audit readiness, and periodic policy/SOP improvements.

F) Stakeholder Management

• Contribute to credit policy/SOP updates.

• Collaborate with Business for structuring solutions and understanding client requirements.

• Partner with Operations for documentation, disbursals, and servicing validations.

• Work with Legal, Compliance, and Tech teams to align risk frameworks, workflows, and system-level controls.

• Engage with anchors/vendors for clarifications, program assessment, and data validation.

Must-Have Skills & Experience

• 6–8 years of credit underwriting experience in Supply Chain Finance (NBFC/Bank/Fintech).

• Strong financial analysis capability—P&L, balance sheet, cash flows, GST, banking behaviour, ratios.

• In-depth understanding of SCF models (receivables, payables, distributor/vendor finance).

• Hands-on experience with credit bureaus, KYC/AML checks, invoice/GST validations.

• Comfort working with LMS, scorecards, risk models, and underwriting workflows.

• Advanced Excel skills (Lookups, Pivots), analytical mindset, and high accuracy.

Soft Skills

• Strong ownership and follow-through.

• High attention to detail and disciplined execution.

• Ability to analyze large datasets and draw insights.

• Effective communicator with cross-functional collaboration ability.

• Comfortable working under timelines in a fast-growing NBFC setup.

Why Join Us?

• Shape the credit risk foundation of a new-age NBFC from the ground up.

• Work at the intersection of Business, Risk, Legal, Tech & Governance.

• Be part of a disciplined, governance-first culture focused on long-term, high-quality portfolio growth.