Junior Credit Underwriter - LAP / Secured Loans

Navadhan Capitali; Mumbai Suburban; On-site; INR 246,000 - 312,000; Full time

Job summary

Navadhan Capitali is seeking a Junior Credit Underwriter to join its Credit and Risk Management team in Mumbai. The role involves evaluating applicants' financial health for secured loans and LAP, with emphasis on analytical ability and clear communication in English and Hindi.

Freshers and early-career professionals are welcome. You will learn to assess income, verify documentation, and support senior staff in collateral checks, KYC, and credit reports within a structured lending environment.

Qualifications

• Strong numerical aptitude to assess financial health.
• Excellent verbal and written communication in English and Hindi.
• Understanding bank statements, ITRs and credit reports.
• Proficiency in MS Excel or Google Sheets.

Responsibilities

• Analyse bank statements, ITRs, pay slips, and financial statements to assess health.
• Calculate DTI, FOIR, and NMI metrics.
• Review credit reports from CIBIL / Experian.
• Verify income details with applicants over calls or meetings.
• Assist in organizing property-related documents and legal reports.

Skills

Analytical mindset

Communication skills

Financial literacy

Tech-savvy

Attention to detail

Tools

Excel

Google Sheets

Job description

Job Summary

We are looking for an energetic and analytical Junior Credit Underwriter to join our Credit and Risk Management team. You will play a key role in assessing the financial health and repayment capacity of applicants for Secured Loans and Loan Against Property (LAP). This is an excellent opportunity for freshers and early-career professionals with strong analytical ability and communication skills to build a lasting career in credit underwriting and risk management.

Key Responsibilities

Financial Health Analysis

• Analyse bank statements, Income Tax Returns (ITRs), pay slips and financial statements to evaluate the applicants overall financial health.
• Calculate key credit metrics, including Debt-to-Income (DTI) ratio, Fixed Obligation to Income Ratio (FOIR) and Net Monthly Income (NMI).
• Review existing loan obligations and track repayment behaviour using CIBIL / Experian credit bureau reports.

Customer Interaction and Verification

• Conduct telephonic or personal discussions (PD) with applicants to verify business or employment details, income sources and loan end-use.
• Engage professionally with customers to clarify financial discrepancies and obtain missing documentation.

Collateral and Document Support

• Assist the senior credit team in organising and cross-verifying property-related documents, including KYC, Legal Search Reports and Technical Valuation Reports.
• Perform basic CERSAI portal checks to ensure the property is free of prior encumbrances.

Required Skills and Competencies

• Analytical mindset: Strong numerical aptitude to quickly assess financial health, cash flows and customer eligibility.
• Communication skills: Excellent verbal and written communication in English and Hindi (knowledge of Marathi or other local languages is a plus) for effective customer discussions.
• Basic financial literacy: Understanding of bank statement analysis, basic accounting concepts and credit bureau scores.
• Tech-savvy: Proficiency in MS Excel / Google Sheets and basic computer applications.
• Detail-oriented: Keen eye for spotting discrepancies in documentation or income claims.

What We Offer

• A fixed salary of 22,000 28,000 per month, based on your knowledge and interview performance.
• Structured on-the-job learning in secured lending, working alongside an experienced senior credit team.
• A clear path to grow into a full-fledged Credit Underwriter role.