Credit Manager for Micro Finance

Credit Manager - Micro Finance Business - Mumbai - Lodha (I-Think Techno Campus) - JM

• Responsible for credit risk analysis & underwriting for Microfinance & Business Correspondent Loan proposals
• Reviewing and analysing of operations, financial statements, annual reports, CIBIL, AMLOCK and other relevant information.
• Periodic review of sector through detailed reports. Preparing quarterly and event-based reports on industry and client level updates for senior management.
• Prepare reports and presentation of findings & recommendations to seniors
• Review and assess a broad range of JLG loan applications & Business correspondence within defined guidelines and accordingly take decision or recommend for approval to higher authorities. 
• Credit assessment of corporate proposals for Financial Institutions covering Micro Finance funded Business Correspondence partners
• Under write proposals as per the laid down policies & procedure to honour the agreed SLAs and manage city/area business volumes.
• Assess income to obligation ratios, loan to value ratios, in depth knowledge of rational behind calculation of ratios and its impact on loan performance over long tenures.
• Maintain Portfolio MIS, Delinquency MIS and other operations related MIS of the cluster and regularly reporting the same.
• Facilitate critical review and documentation of the proposals and effectively monitor the client & collateral creditworthiness from the pre sanction to post disbursement phase & undertaking steps for risk mitigation, whenever required, while ensuring adherence to legal & documentation norms & policies
• Responsible for improving underwriting efficiencies while ensuring adequate risk management.
• Preparing score based internal rating model to recommend risk adjusted credit decisions through detailed assessment reports, along with measures to mitigate risks.
• Preparing Early Warning Signals report for the segment basis evolving credit controls at clients’ end & external environment to control PDs and LGDs for entire portfolio.
• Managing audits and ensuring adherence to regulatory & internal policy’s guidelines. 
• Ensure 100% compliance in our lending standard adhering to the credit policy of the company.
• Evaluate the policy adherence time to time and raise red flag when it is breached.
• Work closely with risk team and highlight possible credit losses at different point in time.
• Responsible for managing credit cost at the lowest level benchmarked to industry.

Provide expert view when new products or processes are to be introduced and give signoff

• Min  3yrs exp + Experience in Credit underwriting in an NBFC MFI, SFB or Bank. Understanding of Score cards
• Must be familiar about business correspondent model, JLG & SHG & direct lending business.

Key Skills

• Well versed with  understanding of credit underwriting & score card.
• Understand critical attributes of legal and governance requirements,

Good acumen of technology and automation

Education: Post Graduate/ Graduate in any discipline