Credit Manager

Kotak Mahindra Bank; Raipur; On-site; INR 750,000 - 1,150,000; Full time

Job summary

Kotak Mahindra Bank is seeking a Credit Manager – Working Capital for Raipur and Mumbai. The role focuses on processing WC loan applications, evaluating borrower creditworthiness, and ensuring adherence to credit policies.

The ideal candidate has CA qualification with 2–6 years in credit underwriting, strong financial analysis skills, and proficiency with MS Office and loan application systems. Collaboration with sales and risk teams is essential.

Qualifications

• 2–6 years of relevant experience in credit underwriting.
• CA qualified candidates from Banks/NBFC with WC or asset domain background are preferred.
• Good understanding of audited financials, banking analysis, and bureau reports.

Responsibilities

• Assess creditworthiness by reviewing loan applications, financial statements, and credit reports.
• Approve or reject loan applications per policy.
• Determine appropriate credit limits based on risk profile and capacity.
• Monitor loan performance and identify early warning signs of defaults.

Skills

Credit underwriting

Financial analysis

MS Office

Relationship management

Education

CA qualification

Tools

MS Office

Loan application systems

Job description

Exciting Career Opportunity at Kotak Mahindra Bank for a Credit Manager role in Working Capital Credit team based at Raipur and Mumbai.

Inviting all CA experienced folks for an excellent opportunity to build your career with one of India’s leading private sector bank's

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

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.

• 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