Credit Manager - Agri

Idfc First Bank Limited; Bhilwara; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Idfc First Bank Limited is seeking a Credit Manager - Agri in Retail Underwriting. You will assess loan applications, determine financial health, and explain loan terms to borrowers to reduce risk and ensure positive outcomes for all parties. The role operates in the Credit - underwriting function.

The candidate should have a Post Graduate Degree and 2-3 years of relevant experience, with responsibilities including policy development and thorough underwriting per credit policy.

Qualifications

• Post Graduate Degree (Graduate / Post Graduate / Professional qualification).
• 2-3 Years of relevant experience.

Responsibilities

• Assess loan applications and creditworthiness.
• Underwrite proposals based on customers' profile and credit policy.
• Verify credit checks (RBI default list, dedupes, negative, caution, restricted profiles) and other mandated checks.

Education

Post Graduate Degree

Job description

Job Requirements

Role/ Job Title : Credit Manager - Agri

Business : Retail Underwriting - Agri

Function/ Department: Credit - underwriting

Job Purpose

Candidate will be responsible for assessing the loan applications, which involves determining the financial health and creditworthiness of potential borrowers. These managers work with borrowers to explain loan terms and offer advice aimed at reducing risks and achieving positive outcomes for all parties.

Roles & Responsibilities

• '1. Help develop relevant unnati MBL loans credit policies based on laws, regulations, and industry trends.
• Assessment of customers sourced by Sales Team as per credit policy.
• Scrutiny of loan application, KYC, Financial Reports, Collateral Documents and ascertaining eligibility as per credit policy.
• Underwriting of proposal is based on customers profile.
• Verification of Credit checks like RBI default list, dedupes checks about negative, caution and restricted profiles, Probe details, Individual and Commercial CIBILS, etc. and other mandatory checks as per credit policy and guidelines.
• Analysis of statement of accounts, preparation of perfios.

Secondary Responsibilities

• '1. Understanding account related parameters. i.e., Churning, Cheque Returns, Utilization of facility, Interest Servicing, Cash flows, Cash deposits, remittance, and receivables details etc.
• Analysis of valuation report and legal reports
• Maintain best Turn Around Time and keep nil Audit and hind-sighting error to ensure quality in underwriting and maintain healthy Portfolio

Qualifications

Post Graduate Degree - Graduate / Post Graduate / Professional qualification

Years of Experience

2-3 Years of relevant experience