Role - Credit Manager Location - Delhi Experience - 5-8 years in retail underwriting within the vehicle finance sector. (2 Wheeler, Commercial Vehicles and 3 Wheeler) Responsibilities: - Assessing Creditworthiness: Evaluate applicants' credit-worthiness for the vehicle Loans (two-wheeler/three-wheeler/Electric Vehicle/Commercial Vehicles loans by analyzing financial statements, credit history, income sources, and repayment capacity. - Developing Underwriting Guidelines: Create and maintain specific underwriting guidelines for two-wheeler/Electric Vehicle loans, ensuring compliance with regulations and company policies. - Risk assessment: Conduct thorough risk assessments for each loan application, considering factors like loan amount, loan-to-value ratio, and borrower's credit profile. - Decision making: Make informed decisions on loan approvals, rejections, or modifications based on credit analysis and risk assessment results. - Documentation Review: Verify all loan applicant documentation for accuracy, completeness, and compliance with company policies and regulations. - Collaboration: Collaborate with sales, operations, and legal departments to streamline underwriting processes and address any issues for efficient loan processing. - Monitor portfolio performance by tracking repayment behavior and identifying early signs of delinquency or default in thevehicle loans portfolio. - Take necessary corrective actions. Compliance Management: Ensure adherence to laws, regulations, and industry standards, including KYC norms and AML guidelines, when underwriting and approving vehicle loans (two-wheeler/three-wheeler/Electric Vehicle/Commercial Vehicles). Training and Development: Provide training and guidance to junior underwriters on underwriting policies and procedures to enhance their skills. - Continuous Improvement: Regularly review and refine underwriting processes and guidelines to improve efficiency, mitigate risks, and enhance overall loan quality and performance. Qualifications: - Master's degree in finance, economics, business administration, or a related field. - Strong understanding of financial analysis, risk assessment, and underwriting principles. Proficiency in using underwriting software and tools. - Excellent analytical, communication, and decision-making skills. - Ability to work independently and collaboratively in a fast-paced environment. Knowledge of regulatory requirements and industry best practices in lending

Delhi

Credit Manager - Finance Sector 

Credit Manager - Finance Sector  ,Job Description for Credit Manager - Finance Sector  in StorySideUp in  Delhi for (5-10) years of experience. Apply Now!

Job Description for Credit Manager - Finance Sector  in StorySideUp in  Delhi for (5-10) years of experience. Apply Now!