KYC Analyst

Jaro Education; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Jaro Fincap Private Limited in Mumbai is seeking a Credit & Risk Underwriter to assess loan applications, evaluate creditworthiness, and identify fraud and repayment risks in line with the companys credit policy.

You will apply BRE and scorecards, review income documents and bank statements, and document decisions in LOS, ensuring timely, compliant outcomes within delegated authority.

Qualifications

• Bachelor's degree in Finance, Commerce, Economics, or related field.
• 23 years of relevant experience in credit underwriting or risk assessment.
• Experience in NBFC, bank, fintech, or digital lending preferred.
• Knowledge of credit policies, fraud indicators and repayment-capacity analysis.
• Familiarity with LOS, BRE, Excel and credit assessment dashboards.
• Strong analytical thinking, attention to detail and decision-making.
• Ability to document decisions clearly and handle confidential information.

Responsibilities

• Review loan applications, customer profiles, income details and documents.
• Analyse credit bureau reports, repayment history and debt indicators.
• Assess repayment capacity and identify adverse indicators and potential fraud.
• Evaluate salaried and self-employed applicants using policy criteria.
• Apply BRE, credit scorecards and underwriting policy.
• Review bank statements and income documents when required by policy.
• Approve, decline or recommend applications within authority and lift exceptions.
• Record underwriting decisions and supporting evidence in LOS.
• Coordinate with KYC and loan ops teams to resolve discrepancies.
• Monitor portfolio performance and early delinquency trends to improve policy.
• Maintain turnaround-time and quality standards with independent risk judgment.
• Support audits, quality reviews and regulatory requirements.

Skills

Credit appraisal

Bureau reports

Underwriting policies

LOS

BRE

Excel

Analytical thinking

Documentation

Education

Bachelor's degree in Finance/Commerce/Economics/Business Admin

Tools

LOS

BRE

Excel

Job description

JARO FINCAP PRIVATE LIMITED
JOB DESCRIPTION
Credit & Risk Underwriter
DepartmentCredit & RiskExperience23 yearsEmploymentFull-timeLocationMumbai, MaharashtraCompanyJaro Fincap Private LimitedDocument VersionVersion 1.0 | October 2026Document UseInternal RecruitmentClassificationConfidential

1. Job Purpose

To assess loan applications, evaluate creditworthiness, identify potential fraud and repayment risks, and make or recommend lending decisions in accordance with the companys approved credit policy and delegated authority.

2. Key Responsibilities

• Review loan applications, customer profiles, income details, employment information and supporting documents.
• Analyse credit bureau reports, repayment history, existing obligations, debt-to-income indicators and banking transactions.
• Assess repayment capacity and identify adverse credit indicators, inconsistencies and potential fraud risks.
• Evaluate salaried and self-employed applicants using the applicable credit assessment criteria.
• Apply the companys Business Rules Engine (BRE), credit scorecards and underwriting policy.
• Review bank statements and income documents where required by policy or where automated verification is inconclusive.
• Approve, decline or recommend applications within assigned authority limits and lift exceptions to the Credit Manager.
• Record underwriting decisions, rejection reasons, risk observations and supporting evidence in the Loan Origination System (LOS).
• Coordinate with KYC and loan operations teams to resolve discrepancies and complete pending assessments.
• Monitor portfolio performance, early delinquency trends and recurring risk indicators to support credit policy improvements.
• Maintain turnaround-time and quality standards without compromising independent credit judgement.
• Support internal audits, quality reviews and applicable regulatory compliance requirements.

3. Required Skills

• Credit appraisal and consumer lending risk assessment.
• Understanding of bureau reports, banking transactions and income assessment.
• Knowledge of underwriting policies, fraud indicators and repayment-capacity analysis.
• Familiarity with LOS, BRE, Excel and credit assessment dashboards.
• Strong analytical thinking, attention to detail and decision-making.
• Ability to document decisions clearly and handle confidential customer information.

4. Qualifications & Experience

• Bachelors degree in Finance, Commerce, Economics, Business Administration or a related field.
• 23 years of relevant experience in credit underwriting, credit analysis, risk assessment or retail lending.
• Experience in an NBFC, bank, fintech or digital lending environment preferred.

5. Key Performance Indicators (KPIs)

• Credit assessment turnaround time.
• Underwriting accuracy and quality-review results.
• Compliance with credit policy and delegated approval limits.
• Documentation completeness and audit observations.
• Early delinquency and portfolio-quality trends.

6. Role-Specific Control Requirement

Credit decisions must remain within the approved delegation-of-authority framework. Sales targets or commercial pressure must not override credit policy or independent risk assessment.