Credit Lead- Supply Chain Finance (VP)

SearchX; Mumbai; On-site; INR 2,800,000 - 4,000,000; Full time

Job summary

SearchX in Mumbai is seeking an experienced Credit Underwriting leader to evaluate proposals, conduct rigorous due diligence, and make or recommend credit decisions within delegated authority, ensuring sound risk-taking aligned with business goals.

You will collaborate with Sales, risk, compliance, and audit teams to identify industry, financial, and management risks, implement mitigations, refresh policies, and mentor the underwriting team to sustain high-quality credit judgments.

Qualifications

• 8+ years of corporate/commercial credit experience.
• Strong credit management, structuring, and portfolio oversight.
• Solid finance background with banking products and regulatory knowledge.
• Clear and professional communication; concise credit notes.
• Experience in banks, NBFCs, or fintechs preferred.

Responsibilities

• Evaluate credit proposals and make or recommend credit decisions.
• Identify risks and mitigation; enforce policies and risk frameworks.
• Monitor KRIs, portfolio performance, and MIS reporting.
• Collaborate with Sales and Business teams to structure credit proposals.
• Lead, train, and mentor the credit team and underwriting capability.
• Support audits and incorporate findings into risk processes.
• Ensure timely approvals and disbursements.

Skills

Credit management

Analytical skills

Finance foundation

Communication skills

Experience 8+ years

Industry knowledge

Professional certifications (CA/CFA/MB

Education

Degree in Finance/Economics/Business

CA/CFA/MBA advantageous

Job description

• Credit Underwriting: Evaluate credit proposals, conduct financial and business due diligence, assess risks, and make or recommend credit decisions within delegated authority.
• Risk Assessment & Mitigation: Identify industry, business, financial, management, and facility-related risks, and recommend suitable mitigation measures.
• Early Warning & Exposure Control: Identify early warning signals, assess deteriorating credit quality, and develop strategies to control or reduce risk exposures
• Policy & Process Improvements: Review and update credit policies, risk frameworks, lending norms, approval processes, and automation initiatives in line with business and regulatory requirements.
• Business Growth & Coordination: Work closely with Sales and Business teams to structure suitable credit proposals, support business growth, and ensure timely approvals and disbursements.
• Stakeholder Management: Coordinate with internal teams, channel partners, legal, collections, and senior management to facilitate effective credit decisions and resolve queries.
• Turnaround Time (TAT): Ensure timely credit appraisal and approvals without compromising assessment quality or risk standards.
• Compliance & Regulatory Requirements: Ensure adherence to regulatory guidelines, internal policies, understanding of the regulatory environment, including Anti-Money Laundering.
• Risk Monitoring & Reporting: Monitor Key Risk Indicators (KRIs), PDD movement, portfolio performance, vendor management, and compliance matters through regular MIS reports.
• Analytics & Management Reporting: Prepare and analyze portfolio reports, performance metrics, and risk analytics to support management decisions and policy formulation.
• Audit Management: Support business audits, resolve audit queries, and incorporate audit findings into credit assessment and risk management processes.
• Sales Team Guidance: Communicate credit assessment standards, provide feedback on declined proposals, and train sales teams and channel partners on documentation and credit requirements.
• Team Leadership & Development: Lead, train, and mentor the credit team, strengthen underwriting capabilities, and promote accountability and continuous learning.
• Risk Culture & Strategy: Develop and implement effective credit risk management strategies, promote risk awareness across business teams, and balance business growth with prudent lending practices.

Qualifications

• Strong Credit Management skills, including credit appraisal, structuring, and portfolio oversight in supply chain or commercial lending.
• Robust Analytical Skills for interpreting financial statements, cash flows, risk indicators, and market data to support sound credit decisions.
• Solid foundation in Finance, with understanding of banking products, supply chain finance structures, and regulatory guidelines.
• Clear and professional Communication skills, including the ability to present credit recommendations and write concise credit notes.
• Proven experience (8+ years) in corporate or commercial credit roles, preferably in banks, NBFCs, or fintechs.
• Relevant academic background such as a degree in Finance, Economics, Business, or a related field; professional certifications (e.g., CA, CFA, MBA) are an advantage.
• Familiarity with risk management frameworks, regulatory requirements, and internal audit standards in financial services.