Credit Manager

Yes Bank Ltd.; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Yes Bank Ltd. is seeking a credit underwriting professional in Mumbai to manage policy-driven decisioning, analyze financials, and ensure timely loan processing. The role involves verifying client profiles, assessing risk, and maintaining high-quality portfolios in line with internal controls.

Ideal candidates will demonstrate strong credit judgement, experience with credit bureau reports, and ability to work within defined turnaround times while coordinating with sales and operations teams.

Responsibilities

• Understand KPIs/goals and deliver within timelines.
• Make decisions within policy framework and timelines.
• Interpret credit bureau reports, dedupe checks, assess financial statements and evaluate ratios to determine eligibility.
• Ensure all loan applications processed within defined turnaround time (TAT).
• Conduct customer verification and discuss profile with applicants to understand needs.

Skills

Credit analysis

Financial statements analysis

Policy adherence

Job description

• Understands the KPIs/goals and takes full accountability to deliver.
• Responsible in decision making within the stipulated timelines.
• Credit delegation authority to be exercised with all due diligence within the policy framework.
• Adherence to the defined policy/process & timely decision on all applications being processed.
• Interpretation of credit bureau reports, dedupe checks, assessment of financial statements, plotting financial tools/spreadsheets & evaluate financial ratios, analysis of bank statements, ascertain existing liability of applicant and overall arriving the financial eligibility in line with the policy.
• To ensure all loan applications are processed within the defined turn-around time [TAT].
• Increase the efficiency of underwriting by reducing rework and increasing FTR in all the activities carried.
• Follow up with sales counterparts for pending cases to ensure both credit TAT and E2E TAT are met as defined by the senior management.
• To check data entry quality is intact and error rate is minimal; periodic feedback to be shared with data entry vendors/ respective team.
• To conduct customer tele verification / physical visits- personal discussion with applicants to understand the profile, business model, requirement, end-use, seek clarification if any etc.
• To keep track of market factors & identify the impact on credit portfolio & decisioning.
• To keep focused on creating high quality portfolio.
• Ensuring proper covenant management is done.

Responsibilities

Strategy and Planning

• Understands the KPIs/goals and takes full accountability to deliver.
• Responsible in decision making within the stipulated timelines.

Policies, Processes & Compliance

• Credit delegation authority to be exercised with all due diligence within the policy framework.
• Adherence to the defined policy/process & timely decision on all applications being processed.
• Interpretation of credit bureau reports, dedupe checks, assessment of financial statements, plotting financial tools/spreadsheets & evaluate financial ratios, analysis of bank statements, ascertain existing liability of applicant and overall arriving the financial eligibility in line with the policy.
• To ensure all loan applications are processed within the defined turn-around time [TAT].
• Increase the efficiency of underwriting by reducing rework and increasing FTR in all the activities carried.
• Follow up with sales counterparts for pending cases to ensure both credit TAT and E2E TAT are met as defined by the senior management.
• To check data entry quality is intact and error rate is minimal; periodic feedback to be shared with data entry vendors/ respective team.
• To conduct customer tele verification / physical visits- personal discussion with applicants to understand the profile, business model, requirement, end-use, seek clarification if any etc.
• To keep track of market factors & identify the impact on credit portfolio & decisioning.
• To keep focused on creating high quality portfolio.
• Ensuring proper covenant management is done.

Risk And Internal Control Responsibilities

• Audit & regulatory compliance on all aspects stipulated by central team.
• Credit quality: Ensuring Nil PAR errors and Nil QM cases.
• Credit authority delegation to be exercised without any instance of transgression of powers

People Management

• To interact closely with other functions such as Sale’s /Operations/ CSS/ Collections in ensuring smooth delivery of objectives.
• Vendor management: To manage all risk vendors such as CPV, PD, CPA vendor and in-house CPAs wherever available.
• Impart regular training and share feedback to improve quality.