Credit Manager - NBFC (BFIG)

JobItUs; Mumbai; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

JobItUs in Mumbai seeks a Credit Manager - BFIG to conduct credit appraisal and underwriting for Banks, NBFCs, and FI clients, ensuring RBI compliance and strong risk assessment. You will prepare sanction proposals and monitor portfolio performance.

Qualified candidates typically have 5–10 years in Credit Risk, with CA/MBA/CFA preferred, and will coordinate with Risk, Legal, and senior committees for deal execution.

Qualifications

• 5-10 years of experience in Credit Risk/Credit Underwriting for Banks, NBFCs, FI.
• Hands-on experience evaluating lending proposals for FI clients.
• Strong understanding of banking products, RBI regulations, and risk assessment.
• Experience in preparing credit proposals and presenting to sanctioning authorities.
• CA, MBA (Finance), CFA, or equivalent qualification preferred.

Responsibilities

• Conduct credit appraisal and underwriting for Banks, NBFCs, HFCs, MFIs, FinTechs, and FI.
• Evaluate financial statements, business models, capital adequacy, asset quality, liquidity, and regulatory compliance.
• Assess fund-based and non-fund-based facilities extended to financial institutions.
• Prepare detailed credit notes, risk assessments, and sanction proposals for approval.
• Monitor portfolio performance, covenant compliance, and early warning signals.
• Coordinate with Relationship Managers, Risk, Legal, Operations, and senior credit committees for deal execution.
• Ensure adherence to RBI guidelines and internal credit and risk policies.
• Support annual reviews, renewals, limit enhancements, and portfolio monitoring.

Skills

Credit risk

Underwriting

Financial analysis

Risk management

Regulatory compliance

Education

CA

MBA (Finance)

CFA

Job description

Designation: Credit Manager - BFIG (Banking & Financial Institutional Group)

Location: BKC, Mumbai

CTC: As per company norms

Tentative JD:

Key Responsibilities:

• Conduct credit appraisal and underwriting for Banks, NBFCs, HFCs, MFIs, FinTechs, and other Financial Institutions.
• Evaluate financial statements, business models, capital adequacy, asset quality, liquidity, and regulatory compliance.
• Assess fund-based and non-fund-based credit facilities extended to financial institutions.
• Prepare detailed credit notes, risk assessments, and sanction proposals for approval.
• Monitor portfolio performance, covenant compliance, and early warning signals.
• Coordinate with Relationship Managers, Risk, Legal, Operations, and senior credit committees for deal execution.
• Ensure adherence to RBI guidelines and internal credit and risk policies.
• Support annual reviews, renewals, limit enhancements, and portfolio monitoring.

Desired Candidate Profile:

• 5-10 years of experience in Credit Risk/Credit Underwriting for Banks, NBFCs, Financial Institutions, or Wholesale Banking.
• Hands-on experience in evaluating lending proposals for Financial Institution (FI) clients.
• Strong understanding of banking products, financial analysis, RBI regulations, and risk assessment.
• Experience in preparing credit proposals and presenting cases to sanctioning authorities.
• CA, MBA (Finance), CFA, or equivalent qualification preferred.