Junior Credit Officer

Junior Risk/Credit Manager

Northeast Chit Fund Services Private Limited, a Hyderabad-based Chit Fund company, is seeking a highly motivated Junior Risk/Credit Manager to join our team. As a part of the trusted Northeast group with over 40 years of experience in the financial services, textile and real estate industry, we have witnessed remarkable growth. Our vision is to create a financially disciplined and self-reliant India, and our mission is to build an ethical ecosystem for investments to thrive. Northeast Chit Fund is seeking a creative and results-driven Junior Risk/Credit Manager to join our dynamic team. This role involves evaluating, monitoring, and managing credit risk within our lending portfolio. This role involves analysing financial data, assessing creditworthiness, and making recommendations to senior management regarding credit decisions.
https://northeastworld.com/

Responsibilities:

• Knowledge in risk assessment and perform in-depth analysis of credit data.
• Supportive to preparation of credit appraisals.
• Assessment of a customer portfolio based on the income criteria.
• Minimum knowledge of CIC score.
• KYC compliance.
• Minimum knowledge of retail/MSME businesses.
• Knowledge in the scrutiny of bank statements, ITRS and pay slips.
• Knowledge in Balance Sheet and Profit and Loss statements.
• Minimum knowledge of legal and valuation reports of properties.
• Review and approve credit documentation, ensuring accuracy and completeness.

Qualifications:

• Any Bachelor's degree.
• Minimum 1-3 years of experience in credit analysis, risk management, or a related field.
• Strong analytical skills with the ability to interpret financial statements and data.
• Knowledge of credit risk management principles and practices.
• Familiarity with regulatory requirements and compliance standards.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Knowledge in Microsoft Office.