Associate Manager II - Credit Strategy (Home Loans)

About the Team

The Credit Strategy team at Navi is responsible for developing and optimizing underwriting strategies across our key lending products. The team owns and drives key underwriting metrics, asset quality indicators and portfolio monitoring while ensuring that credit decisions align with business objectives and risk tolerance of the Company. This team focuses on continually enhancing underwriting quality and portfolio health to support sustainable

growth.

About the Role

You will play a key role in the dynamic credit strategy function for Navi’s Home Loans vertical with a primary focus on customer assessment, preparing and reviewing sanction letters in line with Navi’s approved credit policies. The role demands strong attention to detail, understanding of home loan underwriting, and the ability to work closely with stakeholders across business, operations, product, legal, and sales teams to ensure accurate and timely loan approvals.

What We Expect From You

● Create, approve and issue sanction letters based on approved credit decisions, ensuring alignment with Navi’s risk policies and regulatory norms.

● Ensure all key credit, customer, sanction conditions and collateral details and are accurately captured and aligned with approved loan terms.

● Coordinate with the collateral, operations, business and legal teams to resolve discrepancies or pending conditions prior to sanction.

● Ensure timely issuance of sanction letters to meet TAT expectations and improve internal processes to reduce TATs.

● Build an expertise in risks associated with specific loan types, markets, and collaterals.

● Contribute to credit policies by sharing relevant observations, risks and opportunities.

● Support the digitization and automation of the sanction letter generation process in collaboration with the product teams.

● Stay updated on policy changes, documentation standards, and regulatory guidelines impacting Home loans vertical and credit approvals.

Must Haves

● Strong first principles thinking combined with awareness of current industry practices

● Familiarity with real estate norms and practices across geographies like Bangalore, Hyderabad, Chennai, and MMR

● Understanding of legal scrutiny related to property and compliance requirements in the mortgage and collateral business

● Proficient in Excel, Google Sheets, and other basic tools to drive operational and analytical efficiency

Inside Navi

We are shaping the future of financial services for a billion Indians through products that are simple, accessible, and affordable. From Personal & Home Loans to UPI, Insurance, Mutual Funds, and Gold — we’re building tech-first solutions that work at scale, with a strong customer first approach.

Founded by Sachin Bansal & Ankit Agarwal in 2018, we are one of India’s fastest-growing financial services organisations. But we’re just getting started!

Our Culture

The Navi DNA

Ambition. Perseverance. Self-awareness. Ownership. Integrity. We’re looking for people who dream big when it comes to innovation. At Navi, you’ll be empowered with the right mechanisms to work in a dynamic team that builds and improves innovative solutions. If you’re driven to deliver real value to customers, no matter the challenge, this is the place for you. We chase excellence by uplifting each other—and that starts with every one of us.

Why You'll Thrive at Navi

At Navi, it’s about how you think, build, and grow. You’ll thrive here if:

● You’re impact-driven : You take ownership, build boldly, and care about making a real difference.

● You strive for excellence : Good isn’t good enough. You bring focus, precision, and a passion for quality.

● You embrace change : You adapt quickly, move fast, and always put the customer first.