Location Credit Manager

1 week ago

Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year
Description

1. Credit Assessment & Underwriting:
Evaluate loan applications for Loan Against Property (LAP) and Affordable Housing Loans at the location level.
Assess borrower profiles, financial statements, and property documents to determine creditworthiness.
Perform due diligence, including Customer meeting, tele verification check, CIBIL/credit bureau checks, banking analysis, and market references.
Ensure that loan proposals align with the company's credit policy and risk appetite.

2. Loan Processing & Decision Making:
Approve loan applications within the designated authority limit and recommend higher-value proposals as required.
Coordinate with legal, technical, and operations teams to ensure smooth loan processing and disbursement.
Managing vault and safe keeping of property documents and Identify potential risks in loan proposals and recommend mitigation strategies.

3. Risk & Portfolio Management:
Monitor the portfolio for early warning signals, delinquencies, and fraud detection.
Work closely with the collections team to ensure timely follow-ups on overdue accounts.
Conduct regular credit reviews and portfolio analysis to maintain a healthy loan book.

4. Compliance & Audit:
Ensure adherence to internal credit policies, RBI/NHB guidelines, and regulatory requirements.
Maintain proper documentation and ensure audit readiness at all times.
Work with internal and external auditors to ensure smooth audit processes.

5. Stakeholder & Team Management:
Provide training and guidance to sales and credit teams on loan policies and credit evaluation.
Collaborate with business teams to ensure a balance between growth and risk management.
Engage with legal and technical vendors for smooth processing of loan approvals.

Key Skills & Competencies:
Strong understanding of LAP & Affordable Housing Loans underwriting.
Knowledge of legal & technical aspects related to property financing.
Experience in credit risk assessment, financial analysis, and portfolio monitoring.
Familiarity with CIBIL, CRIF, and other credit assessment tools.
Attention to detail, decision-making ability, and problem-solving skills.
Excellent communication and stakeholder management skills.

  • Zonal Credit Manager

    1 week ago

    Mumbai, Maharashtra, India Credit Saison Full time ₹ 10,00,000 - ₹ 30,00,000 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...

  • Credit Manager

    2 weeks ago

    Mumbai, Maharashtra, India Aryadhan Full time ₹ 12,00,000 - ₹ 24,00,000 per year

    Company Description is India's leading Agritech company, transforming agricultural value chains through innovative technology and integrated services. With over 5 million tonnes of storage capacity across 5,500 warehouses in 21 states, Arya empowers farmers, aggregators, food processors, and other stakeholders to reduce post-harvest losses. bridges the gap...

  • Credit Manager

    1 week ago

    Mumbai, Maharashtra, India Cholamandalam Investment and Finance Company Limited Full time

    Company DescriptionCholamandalam Investment and Finance Company Limited (Chola), established in 1978 as part of the Murugappa Group, has evolved into a premier comprehensive financial services provider. With over 1,500 branches across India and Assets Under Management (AUM) exceeding Rs. 1.77 lakh crore, Chola serves more than 42.9 lakh satisfied customers....

  • Credit Manager

    2 weeks ago

    Mumbai, Maharashtra, India Tata Capital Full time ₹ 8,00,000 - ₹ 12,00,000 per year

    DescriptionTo underwrite  and manage the portfolio in assigned branch/location.1. Review and assess a broad range of complex loan applications within defined guidelines and accordingly take decision or recommend for approval to higher authorities.  2. Under write proposals as per the laid down policies & procedure to honour the agreed SLAs and manage...

  • Credit Manager

    2 weeks ago

    Mumbai, Maharashtra, India Tata Capital Full time ₹ 4,00,000 - ₹ 8,50,000 per year

    To underwrite  and manage the portfolio in assigned branch/location.1. Review and assess a broad range of complex loan applications within defined guidelines and accordingly take decision or recommend for approval to higher authorities.  2. Under write proposals as per the laid down policies & procedure to honour the agreed SLAs and manage city/area...

  • Credit Manager

    1 week ago

    Mumbai, Maharashtra, India Vivriti Capital Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Role – General Manager / Associate DirectorLocation - MumbaiAbout the Team:Credit team facilitates lending to existing & new clients by assessing creditworthiness, monitoring clients' performance on a regular basis, and making suitable recommendations to the credit committees.The team is expected to do a deep dive financial analysis of customers, regularly...

  • Credit Manager

    1 week ago

    Mumbai, Maharashtra, India Nexcen IT Services Pvt Ltd Full time

    Position: Area Credit ManagerDepartment: CreditLocation: MumbaiEmployment Type: Full-time/HybridPosition OverviewWe are seeking a skilled and detail-oriented Area Credit Manager to join our team. The ideal candidate will have a strong understanding of credit assessment, financial analysis, and risk evaluation, along with the ability to work collaboratively...

  • Credit Manager

    2 weeks ago

    Mumbai, Maharashtra, India Tata Capital Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    DescriptionResponsible for credit risk analysis & underwriting for Microfinance & Business Correspondent Loan proposalsReviewing and analysing of operations, financial statements, annual reports, CIBIL, AMLOCK and other relevant information.Periodic review of sector through detailed reports. Preparing quarterly and event-based reports on industry and client...

  • Credit Manager

    1 week ago

    Mumbai, Maharashtra, India, Maharashtra Vivriti Capital Full time

    Role – General Manager / Associate DirectorLocation - MumbaiAbout the Team:Credit team facilitates lending to existing & new clients by assessing creditworthiness, monitoring clients’ performance on a regular basis, and making suitable recommendations to the credit committees.The team is expected to do a deep dive financial analysis of customers,...

  • Credit insurance manager

    7 days ago

    Mumbai, Maharashtra, India Hakani Bimasolutions Insurance Brokers LLP Full time ₹ 4,00,000 - ₹ 12,00,000 per year

    Company DescriptionHakani Bimasolutions Insurance Brokers LLP (formerly known as Hakani Insurance Service, established in 1985 and renamed in 2011) has a long-standing history of offering exceptional insurance services. Over three generations, the Hakani family has earned a reputation for exemplary customer service and innovative solutions. Bima Solutions...