Area Credit Manager

1 day ago

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

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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