About this role
Job Summary**
Responsible for managing the credit portfolio for the Ananthapur region, ensuring efficient credit assessment, risk management, and timely recovery, thereby contributing to the company's financial health and growth.
Job Responsibilities**
* Lead and manage the credit team in Ananthapur, overseeing their performance and development. * Evaluate credit applications, conduct thorough financial analysis, and assess creditworthiness of clients. * Approve or reject loan applications based on established credit policies and risk parameters. * Monitor existing credit accounts, identify potential risks, and implement corrective actions. * Develop and maintain strong relationships with clients to facilitate effective credit management and recovery processes. * Ensure compliance with all internal credit policies, regulatory requirements, and lending guidelines. * Prepare and present credit reports and portfolio performance analyses to senior management. * Implement strategies for minimizing non-performing assets and maximizing recovery rates. * Stay updated on market trends, economic conditions, and competitive landscape affecting credit risk.
Job Qualifications**
* Bachelor's degree in Finance, Business Administration, Economics, or a related field. MBA or relevant professional certification (e.g., FRM, CFA) preferred. * Minimum of 7-10 years of experience in credit management, preferably within a financial institution or similar industry. * Proven experience in leading and managing a credit team. * Strong analytical skills with the ability to interpret financial statements and assess credit risk. * Excellent communication, negotiation, and interpersonal skills. * Thorough understanding of credit policies, procedures, and regulatory compliance. * Demonstrated ability to make sound credit decisions and manage risk effectively. * Proficiency in financial software and Microsoft Office Suite. * Fluency in English and Telugu is highly desirable.