Job Description: Credit Manager - Unsecured Loans



Job Title:
Credit Manager - Unsecured Loans


Location:
Ajmer, Rajasthan
Department: Credit/Risk Management


Salary:
UPTO 8 LPA

Job Summary:

The Credit Manager - Unsecured Loans is responsible for evaluating and approving credit applications, managing credit risk, and ensuring compliance with company policies and regulatory standards. The role demands strong analytical abilities, decision-making skills, and a thorough understanding of unsecured lending products.

Key

Responsibilities:


Credit Evaluation and Underwriting:

Assess creditworthiness of applicants by analyzing financial statements, credit history, and repayment capacity.
Evaluate unsecured loan applications such as personal loans, business loans, or other non-collateralized lending products.
Make sound decisions on loan approvals within assigned authority limits or escalate applications for higher approvals as necessary.
Ensure underwriting practices are aligned with internal policies and regulatory requirements.

Risk Management:

Monitor portfolio performance and identify early warning signals to mitigate potential risks.
Collaborate with collections teams to address delinquent accounts and develop risk mitigation strategies.
Periodically review credit policies and recommend adjustments to balance risk and business growth objectives.

Stakeholder Collaboration:

Work closely with sales and operations teams to ensure smooth processing and alignment of goals.
Provide training and guidance to junior staff or credit analysts to ensure consistent evaluation standards.

Compliance and Reporting:

Maintain accurate and complete records of credit decisions and ensure compliance with all relevant regulations.
Prepare and present reports on portfolio performance, delinquency trends, and other metrics to senior management.

Key Qualifications:

Education: Bachelor’s degree in Finance, Accounting, Business, or a related field. MBA or professional certification (e.g., CA, CFA) is a plus.
Experience:

3+ years of experience in credit evaluation, preferably in unsecured lending.
Familiarity with fintech-based lending platforms or digital credit models is an advantage.

Skills:

Strong analytical and decision-making skills.
Excellent understanding of credit risk principles and lending regulations.
Proficient in financial analysis tools and credit scoring models.
Effective communication and interpersonal skills.

Key Competencies:

Attention to detail and accuracy.
Ability to work under pressure and meet tight deadlines.
High level of integrity and ethical conduct.
Team player with the ability to manage cross-functional relationships.

Regards,

HR Mansi

9236363029