Job Description

Job Title: Credit Manager Function/ Department: Credit Job Purpose The job description of a credit officer typically involves assessing the creditworthiness of individuals or businesses applying for loans or credit. Here's a detailed breakdown of their responsibilities: Credit Analysis: Conduct thorough analyses of loan applicants' financial status, credit history, and other relevant factors to determine their eligibility for credit. Risk Assessment: Evaluate the risk associated with extending credit to applicants based on their financial health, payment history, and market conditions. Underwriting: Review loan applications, financial statements, and other documents to make informed decisions on approving or denying credit requests. Compliance: Ensure compliance with internal policies, regulatory requirements, and industry standards throughout the credit evaluation and approval process. Customer Interaction: Communicate with applicants to gather additional information, clarify terms and conditions, and address any concerns or questions they may have. Decision Making: Make sound credit decisions based on careful analysis, judgment, and adherence to established guidelines and best practices. Continuous Learning: Stay updated on industry trends, market conditions, and regulatory changes to enhance knowledge and skills related to credit evaluation and risk management. Education Qualification: Graduate from any stream Experience: Minimum 2 years of relevant experience in Home Loans, LAP or any other in mortgage underwriting in micro & affordable segment. Salary Budget: Upto 5 Lacs CTC per annum Keywords: #Credit #CreditManager #Underwriting #HomeLoans #LoanagainstProperty #LAP #Mortgage

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