Credit Manager - LAP

Credit Saison India (CS India); Gurugram District; On-site; INR 1,400,000 - 2,200,000; Full time

Job summary

Credit Saison India is seeking a highly motivated Credit Manager to oversee LAP credit operations, assess creditworthiness, mitigate risks, and support healthy growth of the LAP book. You'll lead end-to-end appraisal, develop policies, monitor portfolio, and collaborate with sales, operations, and legal teams.

Strong LAP knowledge and leadership are essential. This role demands integrity, regulatory awareness, and the ability to guide a team through rigorous analysis and disciplined credit

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration or related field.
• 7–10 years in credit risk management with LAP experience is required.
• Strong LAP product knowledge, policies, and regulatory understanding.
• Excellent analytical and financial modeling skills.
• Excellent communication, negotiation, and interpersonal skills.
• Proven leadership ability and team development experience.
• Proficiency with credit appraisal software and Excel.
• Ability to work under pressure and meet deadlines.
• High integrity and ethical conduct.

Responsibilities

• Lead end-to-end credit appraisal for LAP applications, including financial analysis and risk assessment.
• Develop and implement LAP credit policies and procedures.
• Monitor the LAP portfolio and manage delinquencies and recoveries.
• Conduct thorough due diligence on borrowers and properties.
• Train, mentor, and supervise a team of credit officers.
• Collaborate with sales, operations, and legal teams to streamline processes.
• Prepare credit reports and portfolio risk analyses for senior management.
• Stay updated on market trends and regulatory changes in LAP.
• Identify and implement process improvements to boost efficiency.
• Ensure accurate data entry in the credit management system.

Skills

Credit risk assessment

Financial analysis

LAP knowledge

Regulatory knowledge

Financial modeling

Excel proficiency

Communication skills

Leadership

Team management

Analytical thinking

Education

Bachelor's degree in Finance/Accounting/Business Administration

Master's degree or CA/CFA certification

Tools

Credit appraisal software

Microsoft Excel

Job description

Job Summary

We are seeking a highly motivated and experienced Credit Manager to oversee and manage the credit operations for our Loan Against Property (LAP) portfolio. This role involves assessing creditworthiness, mitigating risks, and ensuring the healthy growth of the LAP book.

Job Responsibilities

• Lead the end-to-end credit appraisal process for LAP applications, including financial analysis, collateral valuation, and risk assessment.


• Develop and implement credit policies and procedures specifically tailored for LAP products, ensuring compliance with regulatory guidelines and internal standards.


• Manage and monitor the LAP portfolio, identifying potential delinquencies and implementing appropriate collection and recovery strategies.


• Conduct thorough due diligence on borrowers and properties, including site visits and verification of documents.


• Train, mentor, and supervise a team of credit officers, ensuring their continuous professional development and adherence to best practices.


• Collaborate closely with sales, operations, and legal teams to streamline processes and optimize customer experience.


• Prepare and present credit reports, portfolio performance analyses, and risk assessments to senior management.


• Stay updated on market trends, regulatory changes, and competitive landscape within the LAP segment.


• Identify and implement process improvements to enhance efficiency and effectiveness of credit operations.


• Ensure timely and accurate data entry and maintenance within the credit management system.

Job Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A Master's degree or professional certification (e.g., CA, CFA) is a plus.


• Minimum of 7-10 years of experience in credit risk management, with at least 3-5 years specifically in Loan Against Property (LAP) credit appraisal and portfolio management.


• In-depth knowledge of LAP products, credit policies, regulatory frameworks, and market dynamics.


• Strong analytical and financial modeling skills, with the ability to interpret complex financial statements and assess credit risk effectively.


• Excellent communication, negotiation, and interpersonal skills.


• Proven leadership abilities with experience in managing and developing a team.


• Proficiency in credit appraisal software and Microsoft Office Suite (especially Excel).


• Ability to work under pressure and meet tight deadlines.


• High level of integrity and ethical conduct.

Any Graduates