Area Credit Manager
2 days ago
Position: Area Credit Manager
Department: Credit
Location: Mumbai
Employment Type: Full-time
Position Overview
We 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 with internal teams and stakeholders.
Roles and Responsibilities
- Conduct detailed assessment of borrower profiles, including repayment capacity and income stability.
- Handle loan ticket sizes up to ₹1.5 crore.
- Perform personal discussions (PD) by visiting customers' business premises, properties, and residences.
- Evaluate actual business income and expenses beyond reported figures to ensure accurate credit analysis.
- Assess customer creditworthiness and repayment intent through document analysis, observations, and PD findings.
- Review and interpret legal, technical, and internal reports related to the property and borrower.
- Underwrite and sanction home loan or loan against property applications sourced by the sales team.
- Address post-sanction conditions and ensure smooth disbursement by resolving internal queries.
- Recommend cases to supervisors for decisions based on deviation or approval matrix.
- Collaborate and communicate effectively with various internal departments.
- Maintain turnaround time (TAT) as per organizational guidelines and ensure timely decision-making.
- Adhere to company policies and processes for all loan applications.
- Monitor non-starters and first EMI bounce cases to mitigate potential risks.
- Prepare and maintain MIS reports to track portfolio performance and risk indicators.
- Continuously enhance underwriting standards based on portfolio performance insights.
Key Skills and Requirements
- Graduate with a minimum of 5 years of experience in credit assessment or underwriting.
- Strong understanding of the affordable housing segment.
- Excellent analytical, decision-making, and interpersonal skills.
- Ability to manage multiple cases efficiently while maintaining accuracy and compliance.
Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive mediclaim coverage for you and your dependents.
- Access to continuous learning and professional development resources.
Job Type: Full-time
Pay: ₹40, ₹48,112.91 per month
Benefits:
- Health insurance
- Work from home
Work Location: In person
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