Manager - Education Loan

Bajaj Finserv Limited; Guntur District; On-site; INR 420,000 - 600,000; Full time

Job summary

Bajaj Finserv Limited is hiring for an Education Loan Credit Analyst to assess applications independently, balancing eligibility, capacity and collateral considerations. You will coordinate with valuers and lawyers to obtain necessary reports and prepare decision notes within approved authority.

The role requires 1–3 years of credit appraisal experience in financial services, with a focus on education loans, and strong analytical, Excel and MIS skills. On-site work in India is assumed.

Qualifications

• Graduate or postgraduate in Finance, Commerce, Economics, Management or related discipline.
• 1-3 years of relevant experience in credit appraisal, underwriting, secured/unsecured lending or financial services; Education Loan exposure preferred.
• Experience in education loan credit assessment is preferred.
• Strong analytical and reporting skills.

Responsibilities

• Review applicant and co-applicant identity, academics, admission, institution, course, country and funding.
• Assess income, banking, bureau, obligations and repayment capacity.
• Evaluate cost of education, scholarships, margin or own contribution and living expenses.
• Assess secured and unsecured structures and collateral through reports and controls.
• Coordinate with valuers and lawyers to obtain timely legal and technical reports.
• Prepare credit assessment notes, recommendations and sanction conditions.
• Decide, refer or decline cases within the delegated authority matrix and maintain audit trail.
• Monitor underwriting quality, turnaround time and portfolio feedback.
• Maintain accurate system records and escalate exceptions beyond authority.

Skills

Credit appraisal

Financial analysis

Bureau assessment

Income assessment

Academic assessment

Employability assessment

Secured lending

Unsecured lending

Legal interpretation

Tech report interpretation

Property valuation

Collateral awareness

Title risk awareness

Vendor coordination

Fraud awareness

Decision writing

Excel

MIS capability

Education

Graduate or postgraduate in Finance, Commerce, Economics, Management or related discipline

Tools

Excel

MIS systems

PowerPoint

Job description

Job Purpose

Assess Education Loan applications independently and consistently, balancing customer eligibility, repayment capacity, academic and employability factors, collateral support, legal and technical acceptability, and portfolio quality.

Duties and Responsibilities

• Review applicant and co-applicant identity, relationship, academics, admission, institution, course, country, test scores and requested funding.
• Assess income, banking, bureau, obligations, repayment capacity and policy eligibility.
• Evaluate cost of education, scholarships, margin or own contribution, living expenses and the proposed loan amount.
• Assess secured and unsecured structures, including property, gold or other approved collateral, through applicable reports and controls.
• Own or review Legal and Technical Assessment requirements for secured cases and ensure satisfactory reports are available before progressing the credit decision.
• Engage and coordinate with approved third-party valuers and lawyers to facilitate timely valuation, technical and legal reports; review report validity, observations, conditions and exceptions for credit consideration.
• Review verification outcomes, fraud indicators, deviations and mitigants, and raise evidence-based queries.
• Prepare or validate credit assessment notes, recommendations, sanction conditions and deviation matrices.
• Decide, recommend, refer or decline cases within the approved credit authority matrix and ensure complete decision audit trail.
• Monitor underwriting quality, approval, rejection and deviation trends, turnaround time, productivity and portfolio feedback.
• Coordinate with Sales, Risk, Operations, RCU, Collections, Legal, Technical, collateral teams and external service providers while preserving independent credit judgement.
• Provide market and portfolio feedback for policy refinement, process improvement and new product launches.
• Own the assigned credit work queue and resolve day-to-day case queries.
• Maintain accurate system records and elevate material exceptions beyond delegated authority.

Key Decisions / Dimensions

• Approve, recommend, refer or decline cases strictly within the approved credit authority matrix and risk policy.
• Assess the acceptability of legal, technical, valuation and collateral observations for credit decisioning within delegated authority.
• Escalate title, valuation, technical, fraud, policy, compliance and other material exceptions to the prescribed authority.
• Numeric sanction and deviation authorities are to be defined in the approved delegation matrix.
• Key interactions Internal Sales, Product, Risk, Operations, RCU/Fraud Control, Collections, Legal, Technical, Collateral, Compliance, Finance, Technology and COE.
• External Students, co-applicants, approved valuers, lawyers, legal and technical agencies, verification partners and other approved service providers.

Major Challenges

• Balancing growth, customer experience, turnaround time and portfolio quality.
• Managing incomplete or inconsistent academic, financial, collateral, legal and technical information.
• Coordinating internal teams and third-party agencies while maintaining independent credit judgement.
• Identifying and resolving adverse legal, technical, valuation, fraud or policy observations within defined authority.

Required Qualifications and Experience

Graduate or postgraduate in Finance, Commerce, Economics, Management or a related discipline. 1-3 years of relevant experience in credit appraisal, underwriting, secured/unsecured lending or financial services; Education Loan exposure preferred.

Critical skills and knowledge

• Credit appraisal and financial analysis
• Bureau, banking and income assessment
• Academic and employability assessment
• Secured and unsecured lending
• Legal and Technical report interpretation
• Property valuation, collateral and title-risk awareness
• Third-party valuer, lawyer and vendor coordination
• Fraud-risk awareness and decision writing
• Excel, presentation and business MIS capability
• High standards of integrity, customer confidentiality and control discipline