Credit Manager-FI Risk

IDFC FIRST Bank; Mumbai; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

IDFC FIRST Bank in Mumbai is seeking a Credit Manager-FI Risk to manage lending risk and assess client creditworthiness, approving or rejecting loan requests and setting terms in line with policy. The role emphasizes developing scoring models, monitoring portfolio quality, and ensuring regulatory compliance while partnering with Wholesale Banking Risk to drive risk-aware growth.

You will lead analytics, asset quality reviews, and regular policy updates to adapt to market changes, ensuring

Responsibilities

• Facilitate regular asset quality reviews with provision of analytics insights to identify risks and opportunities and recommend relevant actions.
• Research and evaluate clients’ creditworthiness.
• Approve or reject loan requests based on credibility and potential revenues and losses.
• Calculate and set interest rates, negotiate loan terms with clients.
• Ensure credit policies and program risk acceptance criteria are reviewed regularly, with timely updates for proactive adaptation to changes in legal/regulatory requirements, business strategies, market environment or portfolio performance.
• Develop, review, and update bank’s credit policies.
• Follow up with clients to manage debt settlements and loan renewals.
• Create credit scoring models for risk assessment.
• Assure adherence to the guidelines set by the bank.
• Maintain records of all bank loans, monitor loan payments and bad debts.
• Analyze the portfolio and ensure portfolio monitoring, trigger reviews & delinquency control.
• Capture and share best‑practice knowledge amongst the team.
• Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high quality customer service.
• Leverage in‑house synergies through collaboration with internal stakeholders.
• Attract and retain best‑in‑class talent for key roles in their reporting structure.
• Portfolio Quality

Job description

Role/Job Title

Credit Manager-FI Risk

Business

Wholesale Banking

Function / Department

Wholesale Banking Risk

Place of Work

Mumbai

Job Purpose

The role holder has the responsibility to administer the bank's lending process, from evaluating clients’ creditworthiness to approving or rejecting loan requests. It includes creating credit scoring models, setting loan terms, and determining interest rates. The role holder partners with the credit systems support team to implement key credit policy criteria in relevant credit acceptance and evaluation systems.

Roles & Responsibilities

• Facilitate regular asset quality reviews with provision of analytics insights to identify risks and opportunities and recommend relevant actions.
• Research and evaluate clients’ creditworthiness.
• Approve or reject loan requests based on credibility and potential revenues and losses.
• Calculate and set interest rates, negotiate loan terms with clients.
• Ensure credit policies and program risk acceptance criteria are reviewed regularly, with timely updates for proactive adaptation to changes in legal/regulatory requirements, business strategies, market environment or portfolio performance.
• Develop, review, and update bank’s credit policies.
• Follow up with clients to manage debt settlements and loan renewals.
• Create credit scoring models for risk assessment.
• Assure adherence to the guidelines set by the bank.
• Maintain records of all bank loans, monitor loan payments and bad debts.
• Analyze the portfolio and ensure portfolio monitoring, trigger reviews & delinquency control.
• Capture and share best‑practice knowledge amongst the team.

Secondary Responsibilities

• Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high quality customer service.
• Leverage in‑house synergies through collaboration with internal stakeholders.

Managerial & Leadership Responsibilities

• Attract and retain best‑in‑class talent for key roles in their reporting structure.

Key Success Metrics

• Portfolio Quality