Credit Manager

We are looking for a Credit Manager in Mumbai 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. - Interest Rate Determination: Determining interest rates for loans based on factors like credit risk, market conditions, and company policies. - Loan Documentation: Ensuring the accuracy and completeness of all loan documentation, including loan agreements, security documents, and other relevant paperwork. - 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 WC and BL underwriting background - Must have 2-6 years of work experience and decent understanding of assessing audited financials, banking analysis and bureau reports knowhow - CA freshers are also welcome to apply - 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. - Need Mumbai based candidates only