Credit Manager

Kotak Mahindra Bank; Dehradun, New Delhi, Meerut; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Kotak Mahindra Bank is seeking a Credit Manager to oversee processing of loan applications in Delhi, Meerut and Dehradun. The role involves evaluating creditworthiness, risk analysis, loan approvals, and monitoring loan performance to minimize risk and maximize profitability.

The successful candidate will review financial statements, credit reports, and related documents; determine credit limits and interest rates; ensure accurate loan documentation; and manage relationships with internal and

Qualifications

• Reviewing loan applications, financial statements, credit reports, and other relevant documents to assess a business's creditworthiness.
• Experience in secured and unsecured underwriting and banking analysis.
• Proficiency with MS Office and loan application systems.

Responsibilities

• Credit Assessment: Review loan applications and financials to assess creditworthiness.
• Risk Analysis: Identify risks and evaluate borrower's ability to repay loans.
• Loan Approval: Approve or reject applications per policy.
• Credit Limit Determination: Set appropriate limits based on risk.
• Interest Rate Determination: Determine rates per policy and risk.
• Loan Documentation: Ensure complete loan docs and security paperwork.
• Credit Monitoring: Monitor loan performance and mitigate risks.
• Relationship Management: Coordinate with internal teams and borrowers.
• Reporting: Prepare performance & risk reports for management.

Education

CA or MBA-Finance (Full-Time)

Tools

MS Office

Loan application systems

Job description

We are looking for a Credit Manager in Delhi, Meerut and Dehradun 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.

• Interest Rate Determination:

Determining interest rates for loans based on factors like credit risk, market conditions, and company policies.

• Loan Documentation:

Ensuring the accuracy and completeness of all loan documentation, including loan agreements, security documents, and other relevant paperwork.

• 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.

Preferred candidate profile :

• CA or MBA-Finance (Full-Time)
• Candidates from Banks/NBFC with 2-4 years of work experience in Secured & Unsecured Underwriting
• 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.
• Should be based in Delhi, Meerut and Dehradun