Credit Manager for Micro Finance

Credit Manager - Micro Finance Business - Mumbai - Lodha (I-Think Techno Campus) - JM Responsible for credit risk analysis & underwriting for Microfinance & Business Correspondent Loan proposals Reviewing and analysing of operations, financial statements, annual reports, CIBIL, AMLOCK and other relevant information. Periodic review of sector through detailed reports. Preparing quarterly and event-based reports on industry and client level updates for senior management. Prepare reports and presentation of findings & recommendations to seniors Review and assess a broad range of JLG loan applications & Business correspondence within defined guidelines and accordingly take decision or recommend for approval to higher authorities. Credit assessment of corporate proposals for Financial Institutions covering Micro Finance funded Business Correspondence partners Under write proposals as per the laid down policies & procedure to honour the agreed SLAs and manage city/area business volumes. Assess income to obligation ratios, loan to value ratios, in depth knowledge of rational behind calculation of ratios and its impact on loan performance over long tenures. Maintain Portfolio MIS, Delinquency MIS and other operations related MIS of the cluster and regularly reporting the same. Facilitate critical review and documentation of the proposals and effectively monitor the client & collateral creditworthiness from the pre sanction to post disbursement phase & undertaking steps for risk mitigation, whenever required, while ensuring adherence to legal & documentation norms & policies Responsible for improving underwriting efficiencies while ensuring adequate risk management. Preparing score based internal rating model to recommend risk adjusted credit decisions through detailed assessment reports, along with measures to mitigate risks. Preparing Early Warning Signals report for the segment basis evolving credit controls at clients’ end & external environment to control PDs and LGDs for entire portfolio. Managing audits and ensuring adherence to regulatory & internal policy’s guidelines. Ensure 100% compliance in our lending standard adhering to the credit policy of the company. Evaluate the policy adherence time to time and raise red flag when it is breached. Work closely with risk team and highlight possible credit losses at different point in time. Responsible for managing credit cost at the lowest level benchmarked to industry. Provide expert view when new products or processes are to be introduced and give signoff Min 3yrs exp + Experience in Credit underwriting in an NBFC MFI, SFB or Bank. Understanding of Score cards Must be familiar about business correspondent model, JLG & SHG & direct lending business. Key Skills Well versed with understanding of credit underwriting & score card. Understand critical attributes of legal and governance requirements, Good acumen of technology and automation Education: Post Graduate/ Graduate in any discipline