CREDIT MANAGER

Prachay Group; Pune District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Prachay Group in Pune seeks a credit underwriting professional to handle end-to-end loan assessments, KYC compliance and policy development. You will analyze financials, coordinate with legal and processing teams, and ensure portfolio health through proactive risk mitigation.

Ideal candidates have CA or MBA with 2–3 years of relevant experience in NBFC/banking, and a track record of managing underwriting processes and team activities in a fast-paced financial institution.

Qualifications

• CA with 2–3 years’ experience in credit underwriting.
• MBA from a premium institute with 2–3 years’ experience.
• Experience in credit risk or NBFC/banking is preferred.

Responsibilities

• Credit assessment and underwriting of loan applications end to end from initiation to disbursal.
• Appraise credit worthiness with KYC norms and credit bureau checks.
• Prepare credit notes to support sanction decisions for higher exposure.
• Respond to sanctioning authority queries and fulfill requirements.
• Analyze financial statements to assess solvency and liquidity.
• Coordinate with advocates, valuers and processing professionals.
• Disburse loans with all checks and verification; post-approval activities.
• Ensure timely compliance with bank policies and regulatory norms.
• Represent the company to lenders, boards and partners; build relationships.
• Develop credit risk strategy and policy with ongoing trend analysis.
• Create and maintain credit policies and processes.
• Manage credit quality, delinquencies and portfolio health; lead teams.

Skills

Analytical skills

Finance

Problem solving

Communication

Attention to detail

Research oriented

Team handling

Accounting

Tax knowledge

Law knowledge

Education

CA

MBA

Job description

Job Description

• Credit assessment and underwriting of loan applications based on financial, business and industrial risk, end to end from initiation to disbursal of loans.
• Appraising loan applications for credit worthiness ensuring adherence to KYC norms, credit bureau assessment and financials.
• Preparing credit notes to enable recommendations to assist the sanctioning authority for higher exposure in the decision making process.
• Responding to the queries raised by the sanctioning authority from time to time and fulfilling their requirements.
• Analysis of the financial statements of the prospective clients to identify the short term & long term solvency & liquidity position.
• Coordination with advocates, valuers and other processing professionals.
• Disbursal of loans including all checks and verification. Coordinating post approval activities encompassing documentation, account opening, disbursement, loan postponements, rehabilitation & restructuring etc.
• Ensure timely adherence to compliance s of the banks.
• Represent the company to the outside world, including lending partners, board of directors & other strategic alliances. Develop strong internal and external relationships.
• Develop and maintain credit risk strategy and policy by continuous analysis of business and collection trends, risk assessment & mitigation thereof.
• Create credit and underwriting policies & processes.
• Responsible for ensuring sound understanding of credit policy across all relevant levels.
• Manage credit quality and control delinquencies and frauds. Monitoring the health of the portfolio at regular intervals.
• Managing & leading teams for running successful Credit process operations & experience of developing procedures, service standards for business excellence.
• Responsible for maintaining the processing TAT

Experience

• CA – 2-3 years of experience
• MBA Premium institute 2- 3 years

Experience Background

• CA Firm
• Credit rating agencies
• NBFC
• Financial institute
• Banking industry
• CFO experience

Skills And Knowledge

• Analytical skills
• Inclination to work in finance
• Problem solving attitude
• Communication – Verbal & Written.
• Attention to details.
• Research oriented.
• Team handling experience
• Working knowledge of Accounting, Tax & Law