Sanction Head - Personal Loan

Job Title: Sanction Head

📍 Location: Andheri East, Mumbai

🏢 Company: Fintech Cloud Pvt. Ltd.

About the Role:

We are seeking an experienced Sanction Head to lead the credit underwriting and loan approval functions for our personal loan business. The ideal candidate will have deep expertise in credit assessment, policy formulation, and risk management within the NBFC or fintech sector. This role requires strong decision-making skills, analytical acumen, and leadership capability to ensure high-quality credit decisions and portfolio health.

Key Responsibilities:

Credit & Sanction Management

• Lead the end-to-end credit underwriting and sanctioning process for personal loan applications.
• Evaluate and approve loan proposals as per credit policy and delegated authority limits.
• Ensure adherence to regulatory guidelines, internal policies, and risk frameworks.
• Identify risk indicators, policy deviations, and fraud patterns to minimize credit losses.

Policy & Process Governance

• Formulate, review, and enhance credit policies and standard operating procedures (SOPs).
• Collaborate with product and risk teams to refine eligibility criteria, documentation, and workflows.
• Conduct regular audits and checks to ensure compliance with RBI and internal standards.

Portfolio & Performance Monitoring

• Monitor portfolio performance across approval, delinquency, and default trends.
• Implement corrective measures to maintain a healthy and balanced loan book.
• Work with collections, risk, and business teams to analyze early warning signals.

Team Leadership & Training

• Lead and mentor a team of credit managers and underwriters.
• Conduct training sessions to enhance underwriting and decisioning capabilities.
• Foster a culture of accountability, accuracy, and continuous improvement.

Cross-Functional Collaboration

• Coordinate with sales, operations, product, and technology teams to ensure efficient loan processing.
• Support automation initiatives to improve sanction turnaround time and efficiency.

Qualifications & Requirements:

• Education: Graduate / Postgraduate in Finance, Commerce, or Economics; MBA preferred.
• Experience: 2–3 years of experience in credit underwriting or sanctioning (preferably in unsecured personal loans).
• Skills:
• Deep understanding of credit policies, financial analysis, and regulatory compliance.
• Strong analytical, decision-making, and leadership skills.
• Proficiency in credit bureau analysis (CIBIL, CRIF, Experian) and loan origination systems (LOS).
• Excellent communication and stakeholder management abilities.