Credit Manager - Gorakhpur

Job Description:

Position: Credit Manager

(Home Loan and LAP)

Location: Gorakhpur

CTC: Upto 8 LAP

Responsibilities:

• Credit Assessment: Evaluate creditworthiness of home loan and LAP applicants based on financial documents credit history and risk analysis.

• Underwriting: Review loan applications ensuring compliance with lending policies regulatory requirements and internal guidelines.

• Decision Making: Make informed decisions on loan approvals rejections or modifications considering factors such as applicant's income debttoincome ratio collateral and credit score.

• Risk Management: Identify potential risks associated with loan applications and develop strategies to mitigate them ensuring a balanced loan portfolio.

• Client Communication: Communicate credit decisions to applicants and provide explanations for denials or requests for additional information.

• Collaboration: Work closely with sales operations and legal teams to streamline the loan approval process and resolve any issues that may arise.

• Policy Development: Contribute to the development and refinement of lending policies procedures and credit scoring models to enhance efficiency and risk management.

Qualifications:

• Bachelor's degree in finance accounting or related field. Master's degree preferred.
• Proven experience in credit assessment and underwriting specifically in the home loan and LAP segment.
• Strong understanding of lending principles credit analysis techniques and regulatory requirements.
• Excellent analytical skills with the ability to interpret complex financial data and make sound decisions.
• Effective communication and negotiation skills with the ability to interact confidently with clients and internal stakeholders.
• Attention to detail and ability to work efficiently in a fastpaced environment.
• Knowledge of industryspecific software and tools used for credit analysis and underwriting.