Credit Manager

Kotak Mahindra Bank; Tiruppur; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Kotak Mahindra Bank in Tiruppur is seeking a Credit Manager for Business Loan to evaluate creditworthiness, assess risks, and ensure policy compliance. You will analyze financial information, monitor performance, and support collections to minimize risk and maximize profitability.

You will lead credit assessment, risk analysis, loan approvals, and documentation, building strong internal and external partnerships while delivering timely, data-driven reporting to management.

Qualifications

• Experience evaluating corporate/SME loan applications.
• Strong ability to analyze financial statements and credit reports.
• Track record of risk evaluation and decision making.

Responsibilities

• Review loan applications and financial statements to assess creditworthiness.
• Identify risks and determine loan terms and credit limits.
• Approve or reject loan applications in line with policies.
• Set credit limits aligned with borrower capacity and risk profile.
• Determine interest rates based on risk and policy guidelines.
• Ensure loan documentation is accurate and complete.
• Monitor loan performance and manage early warning signs.
• Build relationships with internal teams and borrowers.
• Prepare and present loan performance reports to management.

Skills

Credit analysis

Financial risk assessment

Loan monitoring

Relationship management

Reporting to management

Job description

Role & responsibilities

Credit Manager for Business Loan.

Responsible for evaluating and managing the creditworthiness of potential business borrowers, assessing risks, and ensuring compliance with company credit policies.

They analyze financial information, monitor loan performance, and manage collections, ultimately minimizing financial risk and maximizing profitability for the lending institution.

Key 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.

• Interest Rate Determination:

Determining interest rates for loans based on factors like credit risk, market conditions, and company policies.

• Loan Documentation:

Ensuring the accuracy and completeness of all loan documentation, including loan agreements, security documents, and other relevant paperwork.

• 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.

Location : Tiruppur