Credit Manager

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

Job summary

Kotak Mahindra Bank in Raipur and Mumbai seeks a Credit Manager – Working Capital to oversee credit underwriting for WC loan applications and ensure adherence to policy frameworks. The role involves evaluating creditworthiness, analyzing financials, monitoring loan performance, and managing risk while coordinating with sales and relationship teams to maximize profitability and control losses.

Ideal candidates will have 2–6 years of underwriting experience, CA background, and strong MS Office

Qualifications

• 2–6 years of relevant credit underwriting experience.
• CA qualified candidates from banks/NBFC with WC or asset background.
• Understanding of audited financials, banking analysis and bureau reports.
• Proficiency in MS Office and loan origination systems.

Responsibilities

• Credit assessment of loan applications and documents.
• Risk analysis to evaluate repayment ability and terms.
• Loan approval decisions based on creditworthiness and policies.
• Credit limit determination aligned with borrower risk.
• Credit monitoring of existing loans and early warning signs.
• Relationship management with internal and external stakeholders.
• Prepare reports on loan performance and risk exposure.

Skills

Credit underwriting

Credit assessment

Risk analysis

Loan approval

Credit monitoring

Relationship management

Reporting

Education

CA

Tools

MS Office

Loan application systems

Job description

Position Details:

• Position: Credit Manager – Working Capital
• Location: Raipur and Mumbai
• Grade: Manager, Sr Manager and AVP (M3/M4/M5)
• CTC: As per industry standards

Job description :

We are looking for a Credit Manager in Raipur and Mumbai who would be responsible for Processing of WC 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.
• Risk Analysis: 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 Credit underwriting
• CA qualified folks from Banks/NBFC with WC or any asset domain background
• 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.

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