Credit Manager-SUPPORT SERVICES-Credit

Kotak Mahindra Bank Ltd; Ludhiana; On-site; INR 800,000 - 1,100,000; Full time

Job summary

Kotak Mahindra Bank Ltd in Ludhiana, Punjab invites experienced Credit Manager – KMPL Support Services-Credit to evaluate credit worthiness for car loan applicants within prescribed TAT and assess risk mix.

The role requires monitoring delinquency, portfolio understanding, and contributing to new product launches with risk mitigants. MBA Finance or CA and 3+ years of retail credit underwriting experience are essential.

Qualifications

• Experience in evaluating credit worthiness for vehicle loans.
• Ability to analyze financial trends and interpret data.
• Understanding of risk mitigation in retail lending.

Responsibilities

• Evaluate credit worthiness of car loan applicants within prescribed TAT.
• Monitor portfolio performance and understand market trends.
• Lead product launches based on market insights with risk mitigants.
• Monitor delinquency metrics and coordinate with collections for learnings.

Skills

Retail credit underwriting

Portfolio management

Credit risk assessment

Market analysis

Delinquency monitoring

Education

MBA Finance

CA

Job description

Role - Credit Manager - KMPL Support Services-Credit

Minimum experience of 3 years under Retai credit underwriting.

Minimum qualification MBA Finance or CA.

Job Role

• To evaluate the credit worthiness of various customers applying for car loans, within the prescribed TAT and deciding on the right risk mix for the particular customer.
• Actively involved in portfolio management which includes understanding the market and monitoring the portfolio.
• Launching of products based on the market peculiarities which will facilitate business, with adequate mitigants with regard to risk.
• Monitoring delinquency parameters through constant interactions with the collections team, analyzing trends and suggesting learnings out of the same.

Job Requirements

Skills/Knowledge prerequisites

Knowledge of the location / area is an essential criteria.

Well versed in the local language apart from Hindi and English.

Good knowledge of interpreting financial trends.