About this role
Job Summary:**
The Credit Manager will be responsible for overseeing and managing all credit-related activities within the Nandyal branch, ensuring sound lending practices, risk mitigation, and adherence to company policies and regulatory guidelines.
Job Responsibilities:**
* Manage the end-to-end credit assessment process for various loan products, including individual and business loans. * Analyze financial statements, credit reports, and other relevant data to evaluate creditworthiness of applicants. * Conduct thorough due diligence and risk assessments to identify potential credit risks and propose mitigation strategies. * Approve, reject, or recommend credit proposals based on established credit policies and delegated authority. * Monitor existing loan portfolios for early warning signs of default and initiate appropriate recovery actions. * Develop and implement strategies to minimize credit losses and maintain a healthy portfolio quality. * Ensure compliance with all internal credit policies, regulatory requirements, and lending guidelines. * Liaise with sales, operations, and legal teams to facilitate smooth credit processing and resolution of issues. * Prepare and present credit reports and analyses to senior management. * Train and mentor junior credit officers and support staff.
Job Qualifications:**
* Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or relevant professional certification (e.g., CA, CFA) is a plus. * Minimum of 5-7 years of progressive experience in credit management within the financial services industry, preferably with experience in a Non-Banking Financial Company (NBFC). * Strong understanding of credit analysis techniques, financial modeling, and risk assessment methodologies. * In-depth knowledge of Indian financial regulations and lending practices. * Proven track record of managing a significant credit portfolio with low delinquency rates. * Excellent analytical, problem-solving, and decision-making skills. * Strong communication, negotiation, and interpersonal skills. * Proficiency in Microsoft Office Suite, especially Excel, and experience with credit management software. * Ability to work independently and as part of a team in a fast-paced environment. * Fluency in Telugu and English is essential.