Director - Credit Real Estate

Vivriti Capital; Mumbai; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

A financial services company in Mumbai is looking for an experienced professional to join its Credit team. This role involves underwriting and risk assessment focused on real estate transactions. The ideal candidate will have over 10 years of experience in credit assessment, with a strong background in evaluating commercial and residential real estate projects. Responsibilities include preparing comprehensive credit assessments, presenting findings to internal committees, and engaging with clients. Excellent analytical and communication skills are essential.

Qualifications

• 10+ years of relevant credit assessment experience in corporates.
• 5+ years in real estate project evaluation (commercial, residential).
• Experience in handling due diligence or transaction advisory.

Responsibilities

• Prepare comprehensive credit assessments of clients continuously.
• Engage with clients’ senior management to present credit profiles.
• Coordinate with sales and account relationship teams for sourcing.

Skills

Credit assessment

Financial analysis

Communication skills

Problem-solving

Education

CA / MBA

Job description

Credit team facilitates lending to existing & new clients by assessing creditworthiness, monitoring clients’ performance on a regular basis, and making suitable recommendations to the credit committees.

The team is expected to do a deep dive financial analysis of customers, regularly meet / interact with the stakeholders of borrowers, keep regular track of key performance milestones, be cognizant of & follow internal policies & processes, and present findings / recommendations to internal committees in timely & concise manner.

About the Role:

The role would be alight with the Credit team’s responsibilities, along with a specific focus on real estate transactions. The designated person would have the responsibility for underwriting, risk assessment, portfolio monitoring, and supporting business development for lending against real estate collateral, including land, residential, commercial, and construction finance. The position demands a grasp of real estate credit evaluation, understanding of micro-market factors, and strong connects in peer space.

Key Responsibilities:

• Independently prepare comprehensive credit assessment (covering macro-overview, industry/sector, competitor, business, financial and credit analysis) of clients on continuous basis through desk review and on-field diligence and monitoring; keep a close watch on allocated portfolio clients. It also includes preparation of detailed proposal notes for internal circulation.
• Able to hold conversations and engage with clients’ senior management and present the clients’ credit profile to internal team and Credit Committee to support their decision making.
• Follow-up with the sales team, account relationship team and other concerned teams for new sourcing and renewal/review. Identifying early warning signs of credit deterioration, joint monitoring of portfolio with account relationship team based on early warning systems.
• Capable of forming a view and suggesting course of action with regards to exposures clients.
• Contribute to various firm-wide projects focused on improving technology, enhancing reporting, regulatory compliance etc.

Qualifications:

• CA / MBA with min 10+ years of relevant credit assessment experience in corporates. Experience of 5+ years in real estate project evaluation(commercial, residential) is a must.
• Structured credit/lending or portfolio/credit monitoring teams of Banks / NBFCs /PE / Debt funds.
• Experience in handling due diligence or transaction advisory.
• Be comfortable with numbers, analysing financial statements, managing, and interpreting data and solving problems - to aid in credit underwriting.
• Have excellent report writing and communication skills.