Manager - Credit

1 day ago

Indore, Madhya Pradesh, India Bajaj Finance Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Job Purpose

  • Risk Management is core to Bajaj Finance
  • Most of the decisions in Risk Management are data driven and analytical
  • Statistical models are required to look at multi-variate dimensions from a risk perspective including calculating the expected credit loss, scenario analysis, forecasting, Stress Testing etc
  • Statistical models are built and scorecards are prepared which assesses parameters like PD (probability of default), EAD and LGD which are critical from a regulatory perspective and forms important aspect of regulatory reporting purpose
  • This role gives an opportunity of going beyond the above and gives deeper insights on the Regulatory norms on Credit Risk
  • The role allows candidate work on areas such as Stress Testing, Expected Credit Loss, Macro Economic stress, Macro stress models/forecasting etc
  • Culture Anchor:Work Hard - Consistently puts in effort
  • plans and tracks daily progress to achieve targetsExecute with Rigor - Takes responsibility for meeting targets with focus and effortOwn It - Maintains honesty and fairness in all interactions in line with organizations policiesAct with Integrity

Duties and Responsibilities

  • Build Stress Testing Framework and execute the sameDevelop, validate, and execute Stress Testing Tools and Stress Testing EngineBuild, monitor, validate and track PD, LGD, EAD models for Stress Testing as per RBI guidelines Provide analytical solutions through statistical modeling, credit policy and strategy, reporting and data analysis for the BFL businessesSupport any adhoc deep dive data analysis on portfolio metrices Support in Data analysis and segmentations
  • Ongoing liaising with IT, Credit and BIU teams to ensure all policies, processes, data flow are working efficiently, and all required changes are build and implemented suitably

Required Qualifications and ExperienceQualifications

  • B-Tech/MBA Finance / Postgraduate with 1-3 years in quantitative subjects (Statistics/Data Science)Work Experience
  • 1-3 years relevant analytical experience in Model development, ML modelling, Forecasting, Segmentation and Clustering.
  • Preferred Coding languages: SAS, SQL, R, Python.
  • Classical statistical techniques: Regression, Logistic regression, Clustering, Dimensionality reduction techniques, Hypothesis testing.
  • Experience in handling huge data base and the ability to do root cause analysis.
  • Individual contributor with the capability to deliver projects within timeline
  • Effective verbal and written communication s

  • Area Credit Manager

    2 weeks ago

    Indore, Madhya Pradesh, India Kotak Mahindra Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Area Credit Manager-Tractors and Farm Equipments (TFE)-Credit Location Credit Manager Department Area Credit Manager-TFE Location Number of Positions Reporting Relationships Area Credit Manager Position Grade Manager/ Senior Manager Directly Managing Team of 2-3 Cluster Credit Executives managing -Approx 2-4 Districts. Should have Ability...

  • Credit Manager- MIB Risk

    2 weeks ago

    Indore, Madhya Pradesh, India YES BANK Full time ₹ 5,00,000 - ₹ 15,00,000 per year

    CHIEF RESPONSIBILITIESEnsure quality Appraisal of credit for worthy borrowers.Ensure timely credit and transaction approvals for delegation under self.Follow up with seniors for credit / transaction approvals.Managing loan portfolio with respect to credit rating/quality.Identify de risk account / AL accounts.Monitoring of Team TAT and Productivity.Ensuring...

  • Credit manager Personal loans

    2 weeks ago

    Indore, Madhya Pradesh, India Tata Capital Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Company DescriptionTata Capital Limited is a subsidiary of Tata Sons Limited and is registered with the Reserve Bank of India as a Core Investment Company. Under the Tata Capital brand, the company and its subsidiaries offer fund and fee-based financial services to a diverse range of retail, corporate, and institutional customers. Tata Capital's business...

  • Sales Manager

    4 days ago

    Indore, Madhya Pradesh, India Jio Credit Limited Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Company DescriptionWe suggest you enter details here.Role DescriptionThis is a full-time on-site role for a Sales Manager at Jio Credit Limited, located in Indore. The Sales Manager will be responsible for managing the sales team, developing and implementing sales strategies, setting and monitoring sales targets, and maintaining customer relationships. The...

  • Credit Analyst

    2 days ago

    Indore, Madhya Pradesh, India Finextra Financial Consultants Private Limited Full time ₹ 4,00,000 - ₹ 6,00,000 per year

    Company DescriptionFinextra Financial Consultants Private Limited, based in Indore, specializes in Debt Syndication, Government Grants, and Stress Asset Buy-outs. The firm is known for its expertise in financial consulting and assisting businesses in navigating complex financial scenarios. Finextra is committed to delivering customized financial solutions to...

  • Credit Analyst

    7 days ago

    Indore, Madhya Pradesh, India Moksha Financial Services Pvt. Ltd. Full time ₹ 24,00,000 - ₹ 54,00,000 per year

    408, 3rd Floor, Moksha Financial Services Pvt. Ltd., Vikram Tower, Sapna sangeeta Road, Indore - Visit OfficeKey Responsibilities:Credit appraisal and assessment/ Working capital Cycle AssessmentCollateral evaluationLoan structuring- CC Limit, OD Limit, Working Capital Funding, Project Loans, Unsecured Business LoansTAT managementCompliance and...

  • Cluster Manager Collection

    2 weeks ago

    Indore, Madhya Pradesh, India Home Credit Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    Role & responsibilities 1. Responsible to manage location / state with team size of 50+ Field executives (Internal & external), with the help of Team Leaders and responsible to manage AMs as well, basis on the decision of management.2. Responsible to meet designated targets for Monthly and Daily Allocation by actively monitoring and manages bucket wise...

  • Location Credit Manager

    2 weeks ago

    Indore, Madhya Pradesh, India Kotak Life Insurance Full time ₹ 10,000 - ₹ 25,000 per year

    About The Role Location Collections Manager - TFE Department Commercial Bank Tractor & Farm Equipment Location Nashik- Maharashtra Number of Positions 1 Reporting Relationship Reporting to Area Collection Manager Position Grade Manager (M3) / (M4)- To be a part of Collections team and able to handle more than 9500 Live APACs and looking after entire...

  • Territory Business Manager

    2 weeks ago

    Indore, Madhya Pradesh, India Kotak Mahindra Bank Full time

    Elite Territory Business Manager - WC-SALARIED PL AND WORKING CAPITAL-Sales Job RoleTo understand clients business & provide appropriate working capital solutions across Fund/ non-Fund based products like Cash Credit, Demand Loan, Buyers credit, LC, BG etc. To managed the mapped portfolio through regular meetings with the clients, to serve them, and to...

  • Area Manager

    2 weeks ago

    Indore, Madhya Pradesh, India Bajaj Finance Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Area Manager - Lifestyle Finance/Senior Area Manager - Lifestyle FinanceJob PurposeThis position is open with Bajaj Finance ltd.First link of management between the executors i.e. field staff and management. An effective communicator with exceptional relationship management s with ability to relate to people at all levels of business and management. Delivery...