Credit Manager Credit Underwriter (Unsecured Loans)

LX Financial Services Private Limited

3 - 8 years

6 - 9 Lacs

Surat

Posted:1 day ago| Platform:

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Skills Required

Credit Appraisal & Underwriting Coordination with Sales & Operations Monitoring And Evaluation Documentation & Decision Making Policy Adherence & Risk Assessment

Work Mode

Work from Office

Job Type

Full Time

Job Description

1. Credit Appraisal & Underwriting:

Evaluate loan applications based on creditworthiness, financials, income proofs, bank statements, GST returns, bureau reports (CIBIL, CRIF), etc.
Perform detailed analysis of:

Personal Loan
applicants Salary slips, employer background, repayment history.
Business Loan
applicants – Financial statements, turnover, cash flow, ITRs.
Invoice Discounting
– Verification of invoices, buyer credibility, and ledger validations.

Conduct personal discussions (PDs) with borrowers where required.

2. Policy Adherence & Risk Assessment:

Ensure loan proposals meet internal credit policy and risk framework.
Analyze deviation requests and approve within authority matrix or escalate as per process.
Identify early warning signals and mitigate potential credit risks.

3. Coordination with Sales & Operations:

Work closely with Relationship Managers/Sales team for clarifications, document follow-up, and timely file processing.
Support field teams with guidance on eligibility and product fitment.
Coordinate with legal, technical, and operations teams for case closures.

4. Documentation & Decision Making:

Ensure all required documents are in place before approval.
Make decisions or recommend cases based on authority limits.
Ensure accurate data entry and completeness in Loan Management System (LMS).

5. Monitoring & Review:

Review portfolio performance in terms of delinquencies and bounce rates.
Recommend improvements in underwriting models, scorecards, or risk matrices.
Participate in internal audits and risk evaluations.

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