Credit Manager -Small Business Enterprise

Job description

We are looking for a Credit Manager in Kolkata who would be responsible for Processing of SBE 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 from Banks/NBFC with LAP or Working Capital background • Must have 2 plus years of work experience in LAP or Working Capital underwriting and 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. • Should be based in Kolkata