Credit Manager

Equitas Small Finance Bank; Jalgaon; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Equitas Small Finance Bank Ltd. is seeking an experienced Credit Appraisal & Underwriting professional in India. The role involves evaluating loan applications, assessing borrower creditworthiness, and analyzing financial documents to determine risk and repayment capacity.

The position requires strong knowledge of RBI guidelines, credit policies, and portfolio management. You will coordinate with sales, operations, and audit teams to ensure compliant and timely decisions, including field

Qualifications

• Graduate in Commerce, Finance, Economics, or related field.
• MBA (Finance) or CA Inter preferred.
• 3–8 years of experience in credit appraisal, underwriting, or risk management within Banking, NBFC, HFC, or Financial Services.

Responsibilities

• Evaluate loan applications and assess borrower creditworthiness.
• Analyze financial statements, income documents, bank statements, and credit reports.
• Conduct detailed risk assessments and verify customer repayment capacity.
• Recommend approval, modification, or rejection of credit proposals as per delegation authority.
• Identify and mitigate credit and operational risks.
• Ensure adherence to credit policies, underwriting standards, and regulatory guidelines.
• Monitor portfolio performance and recommend corrective actions for high-risk accounts.
• Maintain healthy portfolio quality and minimize delinquency levels.
• Conduct customer discussions and field visits where required.
• Verify customer profile, business stability, residence, employment, and repayment capacity.
• Coordinate with verification agencies and valuation vendors.

Skills

Teamwork

Execution Excellence

Customer Focus

Industry Knowledge

Communication Skills

Energy Enthusiasm

Leadership Capability

Education

MBA (Finance)

CA Inter

Graduate in Commerce/Finance/Economics

Job description

Skills

Skill

Team Working Execution excellence Customer Focus Industry Knowledge / Business Acumen Communication Skills Energy / Enthusiasm Leadership Capability

MBA

Working Language

Job Description

Credit Appraisal & Underwriting

• Evaluate loan applications and assess borrower creditworthiness.
• Analyze financial statements, income documents, bank statements, and credit reports.
• Conduct detailed risk assessments and verify customer repayment capacity.
• Recommend approval, modification, or rejection of credit proposals as per delegation authority.
• Identify and mitigate credit and operational risks.
• Ensure adherence to credit policies, underwriting standards, and regulatory guidelines.
• Monitor portfolio performance and recommend corrective actions for high-risk accounts.
• Maintain healthy portfolio quality and minimize delinquency levels.
• Conduct customer discussions and field visits where required.
• Verify customer profile, business stability, residence, employment, and repayment capacity.
• Coordinate with verification agencies and valuation vendors.

Documentation & Compliance

• Ensure completeness and accuracy of loan documentation.
• Verify legal, technical, financial, and KYC documents before approval.
• Maintain compliance with RBI, company policies, and audit requirements.
• Support internal and external audits.
• Monitor sanctioned accounts and post-disbursement performance.
• Track early warning signals and overdue accounts.
• Coordinate with collections and operations teams for portfolio management.

Stakeholder Coordination

• Collaborate with Sales, Operations, Legal, Technical, and Collection teams for seamless loan processing.
• Provide credit guidance and training to branch staff.
• Resolve credit-related queries and escalations.

MIS & Reporting

• Prepare daily, weekly, and monthly credit MIS reports.
• Track approval ratios, turnaround times, and portfolio quality metrics.
• Present credit recommendations and portfolio analysis to management.

Required Qualifications

• Graduate in Commerce, Finance, Economics, or related field.
• MBA (Finance) / CA Inter preferred.
• 3-8 years of experience in credit appraisal, underwriting, or risk management within Banking, NBFC, HFC, or Financial Services.