Credit Manager- Personal Loans Hyderabad

Abacus Consultants; Hyderabad; On-site; INR 1,200,000 - 1,500,000; Full time

Job summary

Abacus Consultants is seeking a Credit Manager specializing in Personal Loan Underwriting to assess loan applications, evaluate creditworthiness, and make informed credit decisions. You will ensure adherence to credit policies and regulatory requirements while managing turnaround times.

The role involves underwriting, risk assessment, fraud detection, and collaboration with sales, operations, and risk teams to resolve credit queries and minimize delinquencies.

Qualifications

• Underwrite personal loan applications per defined credit policies and underwriting guidelines.
• Assess customer eligibility based on income, employment stability, banking statements, credit bureau reports, and repayment capacity.
• Analyze customer profiles, existing obligations, FOIR, credit history, and repayment behavior.

Responsibilities

• Underwrite personal loan applications per defined credit policies and underwriting guidelines.
• Assess customer eligibility using income, stability, banking statements, credit reports, and repayment capacity.
• Identify potential fraud, policy deviations, and high-risk applications.
• Approve, reject, or recommend loan applications within delegated credit authority.
• Ensure adherence to internal credit policies, risk guidelines, and regulatory requirements.
• Review exceptions and deviations and escape cases wherever required.
• Maintain turnaround time (TAT) while ensuring quality of underwriting decisions.
• Coordinate with sales, operations, and risk teams for clarification and resolution of credit queries.
• Monitor underwriting quality to minimize early delinquency and credit losses.

Skills

Credit underwriting

Credit policy

Fraud detection

Stakeholder coordination

Job description

Job Description:

We are looking for a Credit Manager specializing in Personal Loan Underwriting to assess loan applications, evaluate creditworthiness, and make informed credit decisions in line with the organization’s credit policies and risk parameters.

Key Responsibilities

• Underwrite personal loan applications as per defined credit policies and underwriting guidelines.
• Assess customer eligibility based on income, employment stability, banking statements, credit bureau reports, and repayment capacity.
• Analyze customer profiles, existing obligations, FOIR, credit history, and repayment behavior.
• Identify potential fraud, policy deviations, and high-risk applications.
• Approve, reject, or recommend loan applications within the delegated credit authority.
• Ensure adherence to internal credit policies, risk guidelines, and regulatory requirements.
• Review exceptions and deviations and escape cases wherever required.
• Maintain turnaround time (TAT) while ensuring the quality of underwriting decisions.
• Coordinate with sales, operations, and risk teams for clarification and resolution of credit queries.
• Monitor underwriting quality and contribute to minimizing early delinquency and credit losses.