Location Credit Manager-Business Loans-Credit

Kotak Mahindra Bank; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Kotak Mahindra Bank in Mumbai seeks a Credit Manager for Business Loan to evaluate creditworthiness of business borrowers, assess risks, and ensure policy compliance.

You will analyze financial statements, determine loan terms, monitor performance, and coordinate with sales and risk teams. CA or MBA with relevant experience is required.

Qualifications

• CA or MBA with relevant work experience.

Responsibilities

• Credit assessment: review loan applications and financial statements to assess creditworthiness.
• Risk analysis: identify risks and determine loan terms.
• Loan approval: decide on applications based on policies.
• Credit monitoring: track loan performance and mitigate risk.

Skills

Credit risk assessment

Financial statement analysis

Regulatory compliance

Education

CA / MBA

Job description

Credit Manager for Business Loan.

Responsible for evaluating and managing the creditworthiness of potential business borrowers, assessing risks, and ensuring compliance with company credit policies.

They analyze financial information, monitor loan performance, and manage collections, ultimately minimizing financial risk and maximizing profitability for the lending institution.

Key Responsibilities

• Credit Assessment: Reviewing loan applications, financial statements, credit reports, and other relevant documents to assess a business's creditworthiness.
• Risk Analysis: Identifying potential risks associated with lending to specific businesses, evaluating their ability to repay loans, and determining appropriate loan terms.
• Loan Approval: Approving or rejecting loan applications based on creditworthiness and adherence to company policies.
• Credit Limit Determination: Setting appropriate credit limits for approved loans, ensuring they align with the borrower's financial capacity and risk profile.
• Interest Rate Determination: Determining interest rates for loans based on factors like credit risk, market conditions, and company policies.
• Loan Documentation: Ensuring the accuracy and completeness of all loan documentation, including loan agreements, security documents, and other relevant paperwork.
• Credit Monitoring: Continuously monitoring the performance of existing loans, identifying early warning signs of potential defaults, and taking necessary actions to mitigate risks.
• Relationship Management: Building and maintaining relationships with internal stakeholders, such as sales and relationship management teams, as well as external stakeholders, such as borrowers and industry professionals.
• Reporting: Preparing reports on loan performance, risk exposure, and other relevant metrics for management and other stakeholders.
• Qualification : CA/MBA will relevant work experience