Credit Manager LAP

Muthoot Finance; Vasai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Muthoot Finance in Virar is seeking a Credit Manager LAP to oversee underwriting of Loan Against Property (LAP) proposals and ensure adherence to credit policy.

You will analyse income, ITR, GST, FOIR and LTV, review property documents, and coordinate with Sales, Legal, Technical and Operations to deliver timely, high-quality credit decisions. Prior LAP experience preferred.

Responsibilities

• Underwrite and evaluate LAP/Mortgage loan proposals as per company credit policy.
• Analyse customer income, banking, ITR, GST, FOIR and LTV.
• Review property valuation, legal reports and related documents.
• Identify credit risks, deviations and red flags before taking credit decisions.
• Coordinate with Sales, Legal, Technical and Operations teams for smooth processing.
• Ensure timely credit decisions while maintaining portfolio quality and compliance.
• Monitor portfolio performance and support the credit team in complex cases.

Job description

Credit Manager Loan Against Property (LAP)

Company: Muthoot Finance
Department: Credit
Product: Loan Against Property (LAP)
Experience: 3 to 4Years
Location: Virar

Key Responsibilities

• Underwrite and evaluate LAP/Mortgage loan proposals as per company credit policy.


• Analyse customer income, banking, ITR, GST, FOIR and LTV.


• Review property valuation, legal reports and related documents.


• Identify credit risks, deviations and red flags before taking credit decisions.


• Coordinate with Sales, Legal, Technical and Operations teams for smooth processing.


• Ensure timely credit decisions while maintaining portfolio quality and compliance.


• Monitor portfolio performance and support the credit team in complex cases.