RC:Decentralized UW - Mortgages Credit- Credit Manager-ASHA

Axis Bank; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Axis Bank is seeking a CPC Credit Underwriting Manager within Retail Credit to oversee underwriting for Asha loan segments, ensuring timely decisions and data accuracy across borrower details and financial inputs.

The role requires a graduate or postgraduate degree (MBA/CA preferred) and experience in retail credit with team leadership. Strong knowledge of credit trends, regulatory guidelines and effective communication in English and local language are essential.

Qualifications

• Graduate or postgraduate qualification; MBA or CA preferred.
• Experience in retail credit with team handling.

Responsibilities

• Monitor Turnaround Time (TAT) from Login to Sanction for Asha Loan cases.
• Validate data entry accuracy and ensure all borrower details, financial inputs and FI findings are correctly captured in systems.
• Assess and underwrite proposals using Asha-specific evaluation techniques including informal income assessment and field validation reports.
• Take credit decisions in line with policy guidelines, risk frameworks and deviation approval mechanisms.
• Ensure adherence to audit, compliance and policy requirements, avoiding repeat audit observations.
• Coordinate with FI agencies, vendors and internal teams to obtain inputs for underwriting.
• Provide feedback on process gaps and policy changes related to Asha segment.
• Participate in training initiatives and process improvements for underwriting efficiency.
• Manage stakeholder interactions with Business, Operations and Vendors for case processing.
• Contribute ideas for process enhancements and cost efficiencies.

Skills

Credit knowledge

Regulatory knowledge

Communication skills

Education

Graduate / Post-Graduation (MBA/ CA preferred)

Job description

Role Description

• Monitor Turnaround Time (TAT) from Login to Sanction for Asha Loan cases to ensure timely decisioning.
• Validate data entry accuracy and ensure all borrower details, financial inputs and FI findings are correctly captured in systems.
• Assess and underwrite proposals using Asha-specific evaluation techniques including informal income assessment, surrogate programs and field validation reports.
• Take credit decisions in line with policy guidelines, risk frameworks and deviation approval mechanisms.
• Ensure adherence to audit, compliance and policy requirements, avoiding repeat audit observations.
• Coordinate with FI agencies, technical vendors and internal teams to obtain necessary inputs for effective underwriting.
• Provide continuous feedback on process gaps, policy changes and underwriting challenges specific to Asha segment.
• Participate in training initiatives, process improvements and pilot programs for enhancing underwriting efficiency.
• Manage stakeholder interactions with Business, Operations and Vendors for seamless case processing.
• Contribute ideas for process enhancements, automation opportunities and cost efficiencies.

About Retail Credit

The Retail Credit department in the Bank is a Credit Underwriting department for all retail products of the Bank. It is also responsible for ensuring the maintenance of a good portfolio quality and for ensuring smooth credit appraisal processes

About the Role CPC Credit underwriting managers manages core underwriting activities at the Credit Processing Centres. Credit Processing Associates would be reporting.

Key Responsibilities

• Monitor Turnaround Time (TAT) from Login to Sanction for Asha Loan cases to ensure timely decisioning.
• Validate data entry accuracy and ensure all borrower details, financial inputs and FI findings are correctly captured in systems.
• Assess and underwrite proposals using Asha-specific evaluation techniques including informal income assessment, surrogate programs and field validation reports.
• Take credit decisions in line with policy guidelines, risk frameworks and deviation approval mechanisms.
• Ensure adherence to audit, compliance and policy requirements, avoiding repeat audit observations.
• Coordinate with FI agencies, technical vendors and internal teams to obtain necessary inputs for effective underwriting.
• Provide continuous feedback on process gaps, policy changes and underwriting challenges specific to Asha segment.
• Participate in training initiatives, process improvements and pilot programs for enhancing underwriting efficiency.
• Manage stakeholder interactions with Business, Operations and Vendors for seamless case processing.
• Contribute ideas for process enhancements, automation opportunities and cost efficiencies.

Qualifications

Optimal Qualification For Success On The Job Is

• Graduate / Post- Graduation (MBA/ CA preferred)
• Experience in retail credit with team handling.

Role Proficiencies:

For successful execution of the job, the candidate should possess:

• Knowledge of credit, industry and product trends
• Knowledge of regulatory guidelines and norms
• Good communication (both verbal and written) skill in both English and the local language