Credit Manager

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

Job summary

Kotak Mahindra Bank is seeking a Credit Manager – Business Loan/ SBE for locations in Delhi, Meerut, and Dehradun. The role focuses on evaluating creditworthiness, underwriting secured and unsecured loans, and ensuring adherence to credit policies.

The candidate will review financials, reports, and bureau data, approve or decline applications, set credit limits, and monitor loan performance. Applicants should have CA or MBA-Finance and 2–6 years of relevant experience.

Qualifications

• Experience: 2-6 years in Secured & Unsecured Underwriting.
• CA or MBA-Finance – Full Time.
• Decent understanding of audited financials, banking analysis and bureau reports knowledge.
• Proficiency in MS Office and loan application systems.
• Local candidates from Delhi, Meerut and Dehradun.

Responsibilities

• Credit Assessment: Review loan applications, financial statements, credit reports and documents to assess creditworthiness.
• Loan Approval: Approve or reject loan applications based on creditworthiness and policies.
• Credit Limit Determination: Set appropriate limits aligned with borrower's capacity and risk.
• Credit Monitoring: Continuously monitor loan performance and mitigate risks.
• Relationship Management: Engage with internal stakeholders and borrowers to ensure smooth processes.
• Reporting: Prepare reports on loan performance and risk exposure for management.

Education

CA / MBA-Finance

Tools

MS Office

Loan application systems

Job description

Exciting Career Opportunity at Kotak Mahindra Bank for a Credit Manager role in SBE/BL (Secured & Unsecured) Credit team based at Delhi, Meerut and Dehradun.

Inviting all CA experienced folks for an excellent opportunity to build your career with one of India’s leading private sector banks

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

We are looking for a Credit Managers 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.

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 Secured & Unsecured Underwriting

CA/ MBA-Finance – Full Time

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.

Location: Need local candidates from Delhi, Meerut and Dehradun

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