Underwriting Associate

SBI Payments; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

SBI Payment Services Pvt. Ltd. in Mumbai invites applications for a role focused on credit decision-making, risk assessment, and underwriting of merchant proposals.

You will monitor portfolio health, analyze risk parameters, and collaborate with merchants, sales teams, and management to ensure prudent lending while maintaining high-quality portfolios.

This position emphasizes timely decisions, market awareness, and adherence to risk appetite in a fast-paced payments environment.

Responsibilities

• Credit Decision-Making: Process and adjudicate merchant applications by applying sound credit-granting principles to ensure prudent risk management.
• Portfolio Management: Regularly analyze the health of the merchant portfolio using various risk parameters, identifying trends and implementing corrective actions as needed.
• Business Underwriting: Evaluate and underwrite credit proposals for strategic business cases, ensuring alignment with business objectives and risk appetite.
• Quality & Turnaround: Maintain targeted turnaround times (TAT) and uphold high standards of portfolio quality through diligent review and monitoring.
• Stakeholder Interaction: Collaborate effectively with merchants, sales representatives, and management to facilitate timely application decisions and minimize potential losses.
• Market Awareness: Stay updated on market practices and emerging risks, proactively incorporating new insights and risk mitigation strategies into underwriting processes.

Job description

Role & responsibilities

• Credit Decision-Making: Process and adjudicate merchant applications by applying sound credit-granting principles to ensure prudent risk management.
• Portfolio Management: Regularly analyze the health of the merchant portfolio using various risk parameters, identifying trends and implementing corrective actions as needed.
• Business Underwriting: Evaluate and underwrite credit proposals for strategic business cases, ensuring alignment with business objectives and risk appetite.
• Quality & Turnaround: Maintain targeted turnaround times (TAT) and uphold high standards of portfolio quality through diligent review and monitoring.
• Stakeholder Interaction: Collaborate effectively with merchants, sales representatives, and management to facilitate timely application decisions and minimize potential losses.
• Market Awareness: Stay updated on market practices and emerging risks, proactively incorporating new insights and risk mitigation strategies into underwriting processes.