Svatantra Microfin Risk Manager Interview Questions and Answers

Q1. What is meaning of CBIL
Ans. 
CBIL stands for Credit Bureau India Limited, which is a credit information company in India.
• CBIL is a credit information company that collects and maintains credit information of individuals and businesses.

• It provides credit reports and scores to lenders to help them make informed lending decisions.

• CBIL helps in reducing the risk of default by providing accurate credit information.

• It plays a crucial role in the credit ...read more
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Q2. What are the metrics used to evaluate risk
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Metrics used to evaluate risk include credit score, debt-to-income ratio, payment history, and credit utilization.
• Credit score: A numerical representation of a borrower's creditworthiness based on their credit history.

• Debt-to-income ratio: The percentage of a borrower's monthly income that goes towards paying debts.

• Payment history: A record of a borrower's past payments on credit accounts.

• Credit utilization: The amount
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Q1. Why your leaving privious company
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Seeking new challenges and growth opportunities in a different work environment.
• Desire for career advancement

• Looking for new challenges

• Seeking better work-life balance

• Company restructuring or downsizing

• Relocation to a different city
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Q2. What was salary expectation
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My salary expectation is in line with industry standards and based on my experience and qualifications.
• Research industry standards for Credit Manager salaries

• Consider my experience and qualifications when determining salary expectation

• Be open to negotiation based on the overall compensation package offered
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Q1. Technical knowledge and job profile related
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Q2. As per process and work experience based
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Q1. Salary expectation
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Q2. It is everyone's job to increase the salary and post of the employees after seeing their hard work
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Q3. Work experience
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Q4. Income analysis
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Q5. How to settle income FOIR
Ans. 
FOIR can be settled by ensuring the borrower's total fixed obligations do not exceed a certain percentage of their income.
• Calculate the borrower's total fixed obligations, including existing loan EMIs, rent, and other fixed expenses.

• Calculate the borrower's income, including salary, rental income, and any other sources of income.

• Divide the total fixed obligations by the borrower's income to get the FOIR.

• Ensure the FOIR...read more
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The work of the credit team is to provide loan after doing income analytics after studying the case and whether EMI can be given to the customer and my work in case study is to find out by doing local inquiry whether the customer is showing fake business or not and in sales, I keep getting to know what is the problem in the case

Q1. About work history
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Q2. About domain knowledge
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Q1. About Salary and others
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Q1. Basic questions regard credit underwriting
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GD was about Role of technology in NBFC

Q1. Tell me about role ? How do you assess credit worthiness?
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Q1. What’s are your best problem solving procedure? How do you deal with non performance of an employee
Ans. 
My best problem solving procedure involves identifying the root cause and collaborating with the team to find a solution. When dealing with non-performance, I use a coaching approach to understand the issue and provide support for improvement.
• Identify the root cause of the problem

• Collaborate with the team to find a solution

• Use a coaching approach to understand the non-performance issue

• Provide support and resources for ...read more
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Q2. Breaking the problem into small situations and then start working on each one of them.
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