Credit Manager

Kotak Mahindra Bank; Bhopal; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Kotak Mahindra Bank in Bhopal is seeking a Credit Manager – Business Loan to evaluate credit applications, assess financials, and ensure compliance with credit policies. You will analyze data, monitor performance, and protect profitability in secured lending.

The role emphasizes risk assessment, loan approval decisions, and building strong internal and external relationships to drive growth and minimize risk for the lending portfolio.

Qualifications

• Experience: 2-6 years in BL Credit underwriting.
• CA qualified from Banks/NBFC with BL or asset domain background.
• Understanding of audited financials, banking analysis and bureau reports.
• MS Office and Loan application systems proficiency preferred.
• Sensing loan purpose, customer interaction, and delivering in a defined risk framework.

Responsibilities

• Credit Assessment: Review loan applications, financial statements, credit reports to assess creditworthiness.
• Risk Analysis: Identify risks, evaluate repayment ability, set appropriate loan terms.
• Loan Approval: Approve or reject based on creditworthiness and policies.
• Credit Limit Determination: Set credit limits aligned with borrower's capacity and risk.
• Credit Monitoring: Monitor loan performance and take actions to mitigate risks.
• Relationship Management: Engage with internal teams and borrowers to maintain relationships.
• Reporting: Prepare reports on loan performance and risk exposure.

Job description

Position Details

• Position: Credit Manager – Business Loan
• Location: Bhopal
• Grade: Manager, Sr Manager and AVP (M3/M4/M5)
• CTC: As per industry standards

Job description

We are looking for a Credit Managers in Bhopal who would be responsible for Processing of loan applications under surrogate & financials.

Selected candidate would be responsible for evaluating and managing the creditworthiness of potential business borrowers, assessing risks, and ensuring compliance with company credit policies.

He/ She would analyze financial information, monitor loan performance, and manage collections, ultimately minimizing financial risk and maximizing profitability for the lending institution.

Role & responsibilities

• Credit Assessment: Reviewing loan applications, financial statements, credit reports, and other relevant documents to assess a business's creditworthiness.
• Risk Analysis: Identifying potential risks associated with lending to specific businesses, evaluating their ability to repay loans, and determining appropriate loan terms.
• Loan Approval: Approving or rejecting loan applications based on creditworthiness and adherence to company policies.
• Credit Limit Determination: Setting appropriate credit limits for approved loans, ensuring they align with the borrower's financial capacity and risk profile.
• Credit Monitoring: Continuously monitoring the performance of existing loans, identifying early warning signs of potential defaults, and taking necessary actions to mitigate risks.
• Relationship Management: Building and maintaining relationships with internal stakeholders, such as sales and relationship management teams, as well as external stakeholders, such as borrowers and industry professionals.
• Reporting: Preparing reports on loan performance, risk exposure, and other relevant metrics for management and other stakeholders.

Eligibility Criteria

Experience: 2-6 Years relevant experience in BL Credit underwriting

CA qualified folks from Banks/NBFC with BL or any asset domain background

Decent understanding of assessing audited financials, banking analysis and bureau reports knowhow

Expertise in MS office and Loan application systems preferred.

Should be competent in Sensing loan purpose, customer interaction, deliver in defined risk framework and uptime task completion etc.

Join Kotak Mahindra Bank and become part of a high-performance team driving growth in the secured lending business