Credit Analyst / Underwriter

Delhivery; Ahmedabad District, Vadodara, Mumbai; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Delhivery is seeking a Credit Manager to evaluate and manage credit risk for vehicle loans across wheels products, including new/used CV loans, two-wheelers, 3-wheelers and EVs.

The role emphasizes underwriting accuracy, fraud prevention, TAT optimization and portfolio health in collaboration with internal risk policies and field verification reports. 4–5 years of relevant NBFC/bank underwriting experience is required.

Qualifications

• 4-5 years of experience in credit underwriting for wheels products.
• Experience in NBFC or bank credit underwriting.
• Strong understanding of bureau reports, income assessment, banking analysis, credit policies and lending processes.
• Ability to independently evaluate credit proposals and recommend decisions within delegated authority.
• Strong analytical skills, attention to detail and sound credit judgment.

Responsibilities

• Credit underwriting & risk assessment for wheels loan products including new/used vehicles and EVs.
• Portfolio quality monitoring: track NPAs, bounce rates, delinquencies and adjust guidelines as needed.
• TAT management: ensure fast credit sanction from application to approval without compromising risk.

Skills

Credit underwriting

Analytical skills

Attention to detail

Credit judgment

Bureau reports

Income assessment

Lending processes

Job description

Job description of this profile as follows:

Credit Manager will be responsible for evaluating, underwriting, and managing the credit risk associated with vehicle loans (including new/used CV loans, two-wheelers, 3-Wheelers, Electric vehicles). This role focuses on assessing creditworthiness, ensuring zero fraud, streamlining loan turn-around-time (TAT), maintaining a healthy portfolio quality, and achieving a sustainable balance between business growth and risk mitigation.

Core Responsibilities:

1. Credit Underwriting & Risk Assessment:

• Evaluate loan applications for wheels products based on internal credit policies, financial statements, bank statements, Bureau records (e.g., CIBIL), and field verification reports.
• Identify potential red flags, financial stress, or fraudulent documentation early in the underwriting lifecycle.
• Assess the buyer's repayment capacity, cash flows (especially for self-employed individuals and commercial operators), and the valuation/LTV (Loan-to-Value) ratio of the vehicle being financed.

Portfolio Quality & Monitoring:

• Track early mortality accounts and manage the non-performing asset (NPA) percentages within the assigned geography or product category.
• Monitor monthly bounce rates, overdue accounts, and collection trends to proactively alter credit guidelines if specific segments show high risk.
• Conduct periodic portfolio reviews and sample audits of disbursed cases to ensure absolute policy compliance.

TAT Management:

• Ensuring quick Turn-Around-Time (TAT) from application login to final credit sanction without compromising risk standards.

Key Candidate Requirements:

• Candidates should have 4-5 years' experience in credit underwriting of Wheels product.
• Relevant experience in credit underwriting within an NBFC or bank.
• Good understanding of bureau reports, income assessment, banking analysis, credit policies, and lending processes.
• Ability to independently evaluate credit proposals and recommend appropriate credit decisions within delegated authority.
• Strong analytical skills, attention to detail, and sound credit judgment.