Credit Executive- Used Commercial Vehicle Loan

Responsibilities:

Key Responsibilities:
• Credit Appraisal & Underwriting:
• Analyze loan proposals for used car and CV finance.
• Evaluate applicant profiles including income, banking, CIBIL, and vehicle condition.
• Conduct field investigations, if required, to verify customer and vehicle details.
• Risk Assessment & Decision Making:
• Ensure adherence to credit policy and risk framework.
• Approve/recommend cases within delegated authority.
• Highlight risky or fraudulent cases and take appropriate actions.
• Coordination:
• Work closely with sales, operations, legal, and valuation teams.
• Guide sales team on documentation, credit norms, and eligibility.
• Ensure timely login, processing, and approval turnaround time.
• Documentation & Compliance:
• Verify KYC, income documents, RC, insurance, and valuation reports.
• Ensure compliance with internal audit, regulatory norms, and RBI guidelines.
• Maintain detailed records of credit decisions and deviations (if any).
• Portfolio Quality & Monitoring:
• Monitor post-disbursal performance and delinquency trends.
• Take preventive measures for high-risk accounts or geographies.
• Participate in portfolio reviews and early warning tracking.

Key Skills & Competencies:
• Strong analytical and financial assessment skills.
• Deep understanding of used vehicle loan underwriting.
• Knowledge of CIBIL/credit bureau reports and scoring models.
• Familiarity with fraud detection and field investigation practices.
• Strong documentation and compliance orientation.
• Good communication and inter-departmental coordination.

Job Type: Full-time

Pay: ₹20,000.00 - ₹30,000.00 per month

Benefits:
• Health insurance
• Leave encashment
• Life insurance
• Provident Fund

Work Location: In person