Credit Manager

1. Credit Risk Assessment:
• Conduct comprehensive credit analysis for all potential borrowers, including reviewing financial statements, business models, industry risks, and personal financial history.
• Assess creditworthiness using various financial metrics, models, and risk indicators.
• Develop credit scoring models and approval frameworks for different types of loans.
2. Loan Evaluation & Approval:
• Review loan applications and proposals to ensure they meet the company's policies and procedures.
• Prepare detailed credit reports and recommendations for approval or rejection based on risk assessment.
• Collaborate with the sales and relationship management teams to understand customer needs and provide appropriate credit products.
3. Portfolio Management:
• Monitor and manage the quality of the existing credit portfolio to minimize default risk.
• Identify early warning signals of potential defaults or credit deterioration and take corrective measures.
• Manage overdue accounts, develop recovery strategies, and coordinate with the collection team.
4. Policy Compliance & Reporting:
• Ensure all credit assessments are in line with regulatory requirements and internal credit policies.
• Stay updated on regulatory changes and ensure the company's credit operations comply with local and national laws.
• Prepare and present periodic reports on credit portfolio performance, risk exposure, and operational efficiency to senior management.
5. Credit Documentation & Controls:
• Ensure that all loan agreements, security documentation, and collateral are accurately prepared, verified, and filed in accordance with company standards.
• Coordinate with legal and compliance teams to ensure proper documentation and legal procedures are followed.
6. Customer Relationship Management:
• Work closely with customers to understand their financial needs, guiding them through the loan process and ensuring customer satisfaction.
• Act as a liaison between the credit team and other internal teams (sales, operations, risk) to deliver seamless customer service.

Qualifications:

• Educational Qualifications:
• Bachelor's or Masters degree in Finance, Business Administration, Economics, or related fields.
• Certification in Credit Risk Management or related finance credentials is a plus.
• Experience:
• Minimum of 3-5 years of experience in credit evaluation, underwriting, or credit risk management, preferably in an NBFC, bank, or financial services company.
• Proven experience in managing a diverse portfolio of loans and understanding credit risk principles.
• Strong knowledge of financial statements analysis, credit scoring models, and loan structuring.
• Skills:
• Strong analytical skills with the ability to assess financial documents and data.
• In-depth knowledge of credit policies, financial products, and regulatory frameworks.
• Excellent communication, negotiation, and interpersonal skills.
• Proficiency in Microsoft Office Suite, particularly Excel, and credit management software.
• Personal Attributes:
• Detail-oriented with a high level of accuracy in financial analysis.
• Ability to work under pressure and handle challenging credit cases.
• Strong problem-solving skills and sound judgment in decision-making.
• Excellent time management and organizational skills.