About this role
Job Requirements
About Godrej Industries Group (GIG)
GIG is a holding company of the Godrej Industries. We have significant interests in consumer goods, real estate, agriculture, chemicals, and financial services through our subsidiary and associate companies, across 18 countries.
www.godrejindustries.com
About Godrej Capital (GCL)
Godrej Capital is trusted lending partner advocating reliable, transparent, and fair lending practices backed by the legacy and trust of the Godrej Group spanning over 129 years.
www.godrejcapital.com
Job Description
Credit Underwriting & Portfolio Management
- Lead end-to-end credit underwriting and approval of Mass Market mortgage loan applications across the Maharashtra region.
- Ensure consistent application of credit policies, underwriting standards, and risk assessment frameworks.
- Evaluate complex credit proposals and provide approval/recommendation within delegated authority limits.
- Monitor portfolio performance, delinquency trends, and early warning indicators to maintain portfolio quality.
- Drive portfolio growth while ensuring adherence to risk appetite, credit guidelines, and governance standards.
- Assess Home Loan, LAP, Affordable Housing, Self-Employed, and Salaried customer profiles as per company underwriting norms.
Risk & Governance
- Ensure adherence to regulatory requirements, internal policies, audit guidelines, and risk governance standards.
- Monitor deviations, exceptions, and policy breaches and implement appropriate corrective actions.
- Participate in internal and external audits and ensure timely closure of audit observations.
- Conduct periodic portfolio reviews and recommend policy and process improvements based on market trends and risk observations.
- Drive a strong risk culture while balancing business growth objectives.
Team Management
- Lead and mentor Area Credit Managers and Credit Managers across Mumbai and Pune.
- Set performance goals, conduct periodic performance reviews, and drive capability building within the credit team.
- Ensure productivity, quality of underwriting decisions, and adherence to credit turnaround times (TATs).
- Provide coaching and developmental support to strengthen credit assessment and decision-making capabilities.
Stakeholder Management
- Collaborate closely with Sales, Operations, Legal, Technical, Collections, and Product teams to support business objectives.
- Manage relationships with legal, technical, processing, and verification vendors to ensure service quality and compliance.
- Support business teams in structuring cases while maintaining credit quality and portfolio health.
- Facilitate resolution of complex credit cases through effective cross-functional coordination.
Process Excellence
- Drive operational efficiency and continuous improvement in underwriting and disbursal processes.
- Monitor underwriting productivity, approval ratios, TAT adherence, and customer experience metrics.
- Leverage technology, analytics, and digital underwriting tools to improve credit decision-making and process automation.
- Identify process gaps and implement best practices to enhance credit operations effectiveness.
Market & Industry Understanding
- Stay updated on mortgage industry trends, competitor practices, regulatory developments, and economic conditions impacting the housing finance sector.
- Provide inputs for credit policy enhancements based on regional market dynamics and portfolio learnings.
- Track changes in customer behavior, market risk indicators, and lending trends to strengthen underwriting quality.
Work Experience
10–12 years
Benefits
Be an Equal Parent
Childcare benefits for the birthing parent, commissioning parent (in case of surrogacy) or adoptive parent, and their partners
- 6 months of paid leave for primary caregivers, flexible work options on return for primary caregivers
- 2 months paid leave for secondary caregivers
- Caregiver travel for primary caregivers to bring a caregiver and children under a year old, on work travel
Coverage for childbirth and fertility treatment
No Place for Discrimination at Godrej
- Gender-neutral anti-harassment policy
- Same sex partner benefits at par with married spouses
- Coverage for gender reassignment surgery and hormone replacement therapy
- Community partnerships and advocacy
- Persons with Disability (PwD) care
We Are Selfish About Your Wellness
- Comprehensive health insurance plans, as well as accident coverage for you and your family, with top-up options
- Elder care for those who might need to extend support to senior family members
- Preventative healthcare support
- Outpatient Department (OPD) coverage, including vaccinations, dental, vision, etc.
- Uncapped sick leave
- Flexible work options, including remote working and part-time work
- Mental wellness and self-care programmes, resources and counselling
Celebrating Wins, the Godrej Way
- Structured recognition platforms for individual, team and business-level achievements
- Digital and offline instant recognition platforms
An Inclusive Godrej
Before you go, there is something important we want to highlight. There is no place for discrimination at Godrej. Diversity is the philosophy of who we are as a company. And has been for over a century. It’s not just in our DNA and nice to do. Being more diverse, especially having our team members reflect the diversity of our businesses and communities, helps us innovate better and grow faster. We hope this resonates with you.
We take pride in being an equal opportunities employer. We recognise merit and encourage diversity. We do not tolerate any form of discrimination on the basis of nationality, race, colour, religion, caste, gender identity or expression, sexual orientation, disability, age, or marital status and ensure equal opportunities for all our team members.
If this sounds like a role for you, apply now! We look forward to meeting you.