Credit Manager -HL/ LAP

Job description

We are looking for a Credit Manager in Karnal and Dehradun who would be responsible for Processing of loan applications under surrogate & financials. Selected candidate would be responsible for evaluating and managing the creditworthiness of potential business borrowers, assessing risks, and ensuring compliance with company credit policies. He/ She would analyze financial information, monitor loan performance, and manage collections, ultimately minimizing financial risk and maximizing profitability for the lending institution. Role & responsibilities : • Credit Assessment: Reviewing loan applications, financial statements, credit reports, and other relevant documents to assess a business's creditworthiness. • Risk Analysis: Identifying potential risks associated with lending to specific businesses, evaluating their ability to repay loans, and determining appropriate loan terms. • Loan Approval: Approving or rejecting loan applications based on creditworthiness and adherence to company policies. • Credit Limit Determination: Setting appropriate credit limits for approved loans, ensuring they align with the borrower's financial capacity and risk profile. • Credit Monitoring: Continuously monitoring the performance of existing loans, identifying early warning signs of potential defaults, and taking necessary actions to mitigate risks. • Relationship Management: Building and maintaining relationships with internal stakeholders, such as sales and relationship management teams, as well as external stakeholders, such as borrowers and industry professionals. • Reporting: Preparing reports on loan performance, risk exposure, and other relevant metrics for management and other stakeholders. Preferred candidate profile : • CA/CMA/MBA-finance from Banks/NBFC with HL/LAP or secured lending credit background • Must have 2-6 years of work experience in Credit underwriting in secured lending domain • Decent understanding of assessing audited financials, banking analysis and bureau reports knowhow • Expertise in MS office and Loan application systems preferred. • Should be competent in Sensing loan purpose, customer interaction, deliver in defined risk framework and uptime task completion etc. • Local candidates will only be considered