Manager – Credit Manager – Vehicle Loans

Job Title: Credit Analyst / Credit Manager Department: Credit & Risk Reports To: Credit Head / Risk Manager Job Purpose: The role involves credit assessment and monitoring of loan proposals in line with company policies and risk frameworks. The Credit Analyst/Credit Manager will be responsible for evaluating applicants' financial health, business models, and creditworthiness while ensuring portfolio quality and risk mitigation. Key Duties & Responsibilities: Credit Assessment: Appraise and underwrite loans within defined credit policy guidelines. Recommend loan applications to the appropriate authority based on thorough risk assessment. Check and verify application files as per the company’s policy and process standards. Assess income, repayment ability, intention, and overall credit behaviour of applicants. Perform document verifications, reference checks, bureau checks, and customer due diligence. Understand the applicant’s business model, revenue streams, and associated risks. Evaluate credit risk parameters and suggest mitigation strategies wherever necessary. Prepare comprehensive credit approval memos with accurate financial and risk analysis. Manage turnaround time (TAT) for loan approvals to ensure process efficiency and high approval rates. Credit Monitoring: Maintain strict adherence to credit policies, regulatory guidelines, and internal processes. Continuously monitor portfolio quality to ensure early detection of risks. Conduct periodic analysis of exception approvals, rejection trends, and draw insights for corrective actions. Ensure credit quality standards are maintained and credit costs are under control. Support regular audits and internal compliance reviews related to credit processes. Required Qualifications: Bachelor’s degree in Finance, Commerce, Accounting, or related field (Mandatory) MBA/CA/CFA (Preferred) Experience:3–8 years of experience in credit assessment, underwriting, or credit risk management in NBFCs, Banks, or Financial Institutions. Skills & Competencies: Strong financial analysis and risk assessment skills. Familiarity with credit bureau reports and interpretation. Excellent communication, both written and verbal. High attention to detail and accuracy. Ability to manage deadlines while maintaining quality decisions. Proficiency in MS Office (Excel, Word) and credit-related tools. Ethical and compliance-oriented mindset. Key Performance Indicators (KPIs):Turnaround Time (TAT) for credit approvals. Portfolio quality – Delinquency and NPA levels. Exception approval tracking and management. Accuracy and completeness of credit appraisal notes.