Credit Manager

Zoukloans; Gurugram District; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Zoukloans seeks an experienced Credit Manager to oversee SME loan underwriting on our online platform. You will apply credit policy, assess borrower creditworthiness, and support decision-making with market insights and risk analysis.

The role requires MBA/CA/CFA/ICWA background with 2+ years in similar roles, strong communication of risks, and the ability to coordinate with cross-functional teams to optimize loan portfolios while controlling bad debt.

Qualifications

• MBA (finance), CA, CFA, ICWA with 2+ years of experience in similar role.
• Ability to communicate risks and issues clearly and concisely and to support management with the preparation of action plans
• Strong organizational and technical skills, along with ability to organize and prioritize workload

Responsibilities

• Credit underwriting on the customer to make sure that customer fits into various lending parameters.
• Identify strengths and risks for any proposal and prepare a SWOT analysis around it.
• Suggest best lender among the lending partners who can best meet the requirement of SME borrower.
• Maintain the corporate credit policy to assess SME borrowers
• Recommend improvements in the credit policy based on interaction
• Maintain a credit scoring model for SME borrowers
• Monitor the credit granting and updating process including follow up with partner lenders
• Develop market intelligence parameters to underwrite customers more scientifically.
• Check compliance status of our customers through various resources available on public domain.
• Personally visit the largest customers to establish relations

Skills

Credit analysis

Risk assessment

Stakeholder management

Underwriting

Communication

Education

MBA (Finance)

Chartered Accountant (CA)

Certified Financial Analyst (CFA)

ICWA

Job description

Responsible to curate the deal flow coming on online platform of the organization for underwriting, market intelligence,

The job holder is broadly responsible for the:

Credit underwriting on the customer to make sure that customer fits into various lending parameters.

Identify strengths and risks for any proposal and prepare a SWOT analysis around it.

Suggest best lender among the lending partners who can best meet the requirement of SME borrower.

Business support activities for the functions.

Principal Accountabilities:

Basic Function:

The credit manager position is accountable for the entire credit analysis for SME borrowers applying loan on our

platform, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the

assessment of the creditworthiness of potential customers, with the goal of optimizing the mix of company sales and containment of bad debt losses.

Maintain the corporate credit policy to assess SME borrowers

Recommend improvements in the credit policy based on interaction

Maintain a credit scoring model for SME borrowers

Manage customer credit files in digital lockers and share them with partner lenders for onward processing

Monitor the credit granting and updating process including follow up with partner lenders

Develop market intelligence parameters to underwrite customers more scientifically.

Check compliance status of our customers through various resources available on public domain.

Personally visit the largest customers to establish relations

Monitor periodic credit reviews

To proactively identify operational issues, trends, and emerging risks and recommend appropriate measures to manage quality, working with relevant stakeholders.

Customers / Stakeholders:

To establish effective partnerships across support functions and key stakeholders.

To support planning, strategy and development to coordinate activity across all functions as single product management office.

To disseminate information from other functions/ stakeholders and effectively cascade across

Responsible for translating Risk reporting and monitoring requirements into executable best practice.

To work with various teams on developing newsletter, communication pack to share with stakeholders on enhancing the visibility of the program and value add of the Risk Function, rather than just policy upholders.

Major Challenges (The challenges inherent in the role that require a continual test of the role holder’s abilities)

The role is a highly responsive one, driven by events rather than a well-defined routine. The key aspect is the ability to work in an environment where the job holder is expected to ensure standards, tasks and objectives are delivered by others even in the absence of formal reporting lines.

Collaboration – the role must align functional and entity goals and work with peers across teams.

Flexibility and adaptability

Proactive identification of issues and initiation of structured discussions with key stakeholders across the teams

Sensitivity and trust – engendering a true sense of urgency, pace, community and collaboration

Management of Risk(Operational Risk / FIM requirements)

The jobholder will also continually reassess the operational risks associated with the role and inherent in the business, taking account of changing economic or market conditions, legal and regulatory requirements, operating procedures and practices, management restructurings, and the impact of new technology.

Also by addressing any areas of concern in conjunction with line management and/or the appropriate department.

Headcount reporting to this role Direct: NA Indirect: NA Total: NA

Knowledge & Experience / Qualifications (For the role – not the role holder. Minimum requirements of the role.)

Education & experience: MBA (finance), CA, CFA, ICWA with 2+ years of experience in similar role

Other requirements :

1. Ability to communicate risks and issues clearly and concisely and to support management with the preparation of

action plans

2. Ability to work with staff across all levels of the organization with a strong sense of team spirit and values.

3. Sound organizational and technical skills, along with ability to organize and prioritize workload

Preferred Qualifications

Candidate with hands on experience with a rating agency is preferred.