Vice President of Credit

Digamber Finance; Jaipur; On-site; INR 3,500,000 - 7,000,000; Full time

Job summary

Digamber Finance in Jaipur, Rajasthan, seeks an Assistant/Head - Credit to lead end-to-end credit operations for Retail and MSME loans, focusing on underwriting quality, policy adherence, risk management, and portfolio performance.

The role requires strong analytics, leadership, and a proven ability to build efficient credit processes, with accountability for TAT, RBI compliance, and cross-functional collaboration.

Qualifications

• MBA or Graduate (Finance/Banking preferred).
• 7–10 years total experience with minimum 5 years in a leadership role in credit operations end to end including underwriting, process and policy design of Unsecured/Secured Individual Loans, Business Loan, MSME Loans, Retail Loans and LAP.

Responsibilities

• Credit Appraisal & Processing: Lead underwriting, appraisal, and approvals for Retail/MSME loans. Maintain TAT while ensuring quality and policy adherence. Collaborate with sourcing teams for optimal credit decisions.
• Policy & Process Management: Define and upgrade SOPs in line with regulatory guidelines. Drive digitization and automation in credit processing. Ensure RBI compliance and address audit recommendations.
• Risk & Portfolio Management: Monitor early delinquencies and initiate corrective actions. Partner with fraud risk teams on suspicious case reviews. Support risk mitigation through process interventions.
• Leadership & Stakeholder Engagement: Lead and mentor the credit ops team. Liaise with IT, operations, and business teams for seamless execution. Ensure vendor performance for verification, valuation, etc.
• Operational Excellence: Drive KPIs: TAT, approval ratio, accuracy, and cost optimization. Maintain high standards in credit documentation and decisioning.

Skills

Analytical skills

Retail lending

MSME lending

Stakeholder leadership

Process orientation

Education

MBA or Graduate (Finance/Banking preferred)

Job description

Position: Assistant/Head - Credit

Location: Jaipur, Rajasthan

Reports To: Chief Credit Officer

Role Overview

The Assistant/Head Credit Operations is a critical leadership role responsible for managing the end-to-end credit lifecycle for Retail and MSME loan products. The role focuses on credit appraisal, policy adherence, risk management, portfolio quality, and operational efficiency, aligning with Digamber Capfins goal of financial inclusion and sustainable lending practices.

Key Responsibilities

• Credit Appraisal & Processing: Lead underwriting, appraisal, and approvals for Retail/MSME loans. Maintain TAT while ensuring quality and policy adherence. Collaborate with sourcing teams for optimal credit decisions.
• Policy & Process Management: Define and upgrade SOPs in line with regulatory guidelines. Drive digitization and automation in credit processing. Ensure RBI compliance and address audit recommendations.
• Risk & Portfolio Management: Monitor early delinquencies and initiate corrective actions. Partner with fraud risk teams on suspicious case reviews. Support risk mitigation through process interventions.
• Leadership & Stakeholder Engagement: Lead and mentor the credit ops team. Liaise with IT, operations, and business teams for seamless execution. Ensure vendor performance for verification, valuation, etc.
• Operational Excellence: Drive KPIs: TAT, approval ratio, accuracy, and cost optimization. Maintain high standards in credit documentation and decisioning.

Skills Required

• Strong analytical & decision-making capabilities.
• Sound knowledge of Retail & MSME lending practices.
• Stakeholder management and leadership excellence.
• Process-driven mindset with attention to detail.
• Resilience under pressure and target-oriented execution.

Qualifications & Experience

• Education: MBA or Graduate (Finance/Banking preferred).
• Experience: 7-10 years total, with minimum 5 years in a leadership role in credit operation end to end including underwriting, process and policy design of: Unsecured/Secured Individual Loans, Business Loan, MSME Loans, Retail Loans and LAP.