Credit Manager- Affordable Housing

Unity Small Finance Bank; Vasai, Panvel, Pune District; On-site; INR 480,000 - 800,000; Full time

Job summary

Unity Small Finance Bank in Vasai (India) is seeking a skilled Credit Underwriter to evaluate home loan and LAP proposals, verify income and collateral, and ensure compliance. The role involves field assessments, fraud controls, and portfolio monitoring to maintain asset quality.

You will collaborate with Sales, Operations, Legal, Technical and Collections to support responsible growth. The position emphasizes documentation, risk mitigation, and adherence to policy, with opportunities to

Responsibilities

• Evaluate Home Loan and LAP proposals per approved credit policy and authority matrix.
• Assess customer repayment capacity, income stability, banking behavior, obligations, and credit history.
• Analyse bureau reports and identify potential credit risks.
• Approve, decline, or recommend proposals within delegated authority.
• Clearly document underwriting rationale, deviations, conditions, and risk mitigants.
• Conduct Field Credit Assessments (PD) and validate residence, employment, and income sources.
• Assess salaried, self-employed, and informal income customer segments.
• Verify customer information through field observations and investigations.
• Review property-related risks and collateral adequacy.
• Evaluate LTV and security coverage as per policy guidelines.
• Coordinate with Legal and Technical teams for due diligence.
• Identify potential fraud indicators, income inconsistencies, and document manipulation.
• Ensure adherence to internal policies, SOPs, audit requirements, and regulatory guidelines.
• Escalate exceptions and high-risk cases appropriately.
• Maintain complete documentation and audit trails.
• Monitor portfolio quality and early delinquency indicators.
• Analyse trends and provide feedback to business teams.
• Recommend corrective actions for emerging credit risks.
• Support portfolio reviews, audits, and compliance exercises.
• Collaborate with Sales, Operations, Legal, Technical, and Collections teams.
• Provide credit guidance while maintaining independence of the credit function.
• Ensure timely resolution of credit queries and achievement of agreed TATs.
• Support business growth without compromising asset quality.
• Contribute to continuous improvement of underwriting processes.
• Support digital credit assessment and LOS-based decision-making.
• Drive efficiency, productivity, and quality enhancement.

Job description

KEY DUTIES & RESPONSIBILITIES OF THE ROLE

1. Credit Underwriting & Approval

Evaluate Home Loan and LAP proposals as per approved credit policy and authority matrix.

Assess customer repayment capacity, income stability, banking behavior, obligations, and credit history.

Analyse bureau reports and identify potential credit risks.

Approve, decline, or recommend proposals within delegated authority.

Clearly document underwriting rationale, deviations, conditions, and risk mitigants.

2. Field Credit Assessment

Conduct Personal Discussions (PD) where required.

Validate residence, employment, business profile, and income sources.

Assess salaried, self-employed, and informal income customer segments.

Verify customer information through field observations and investigations.

3. Property & Collateral Assessment

Review property-related risks and collateral adequacy.

Evaluate LTV and security coverage as per policy guidelines.

Coordinate with Legal and Technical teams for due diligence.

Ensure resolution of critical observations before approval/disbursement.

4. Risk, Fraud & Compliance Management

Identify potential fraud indicators, income inconsistencies, and document manipulation.

Ensure adherence to internal policies, SOPs, audit requirements, and regulatory guidelines.

Escalate exceptions and high-risk cases appropriately.

Maintain complete documentation and audit trails.

5. Portfolio Monitoring

Monitor portfolio quality and early delinquency indicators.

Analyse trends and provide feedback to business teams.

Recommend corrective actions for emerging credit risks.

Support portfolio reviews, audits, and compliance exercises.

6. Stakeholder Management

Collaborate with Sales, Operations, Legal, Technical, and Collections teams.

Provide credit guidance while maintaining independence of the credit function.

Ensure timely resolution of credit queries and achievement of agreed TATs.

Support business growth without compromising asset quality.

7. Process Improvement

Contribute to continuous improvement of underwriting processes.

Support digital credit assessment and LOS-based decision-making.

Drive efficiency, productivity, and quality enhance