Credit Underwriter

Work Location: Worli, Mumbai

Salary upto-4.0LPA

Responsibilities:

Candidate would be responsible for appraising & assessing risks for loan under the consumer-focused Loan.
The incumbent will be responsible for underwriting personal loan proposal as per the laid down policies & procedure to honor the agreed SLAs and manage city/area business volumes.
To conduct personal discussion with customers to establish Credit worthiness. Interact with the client, gather requirements, financial statements and other inputs for performing quality Credit analysis and due diligence. (for renewal & new borrowers)
To prepare Credit Appraisal Memo (CAM).
Responsible for Credit Assessment.
To coordinate with sales to achieve targets and ensure TAT or SLAs are met.
Work closely with RM/Product partners in structuring Credit solutions and ensuring appropriateness of the products, and expediting approvals
Qualification & Experience Required:

Graduate/MBA with at least 2 to 4 years’ relevant experience in Credit Underwriting for Salaried Personal Loan Product of Banks, NBFCs.
Good experience in Credit analysis - Balance sheet, Profit & Loss Statement, Bank Statement.
Credit underwriting work experience within retail lending with any large NBFC or Bank.
Ideal candidate should understand the credit risk of consumer-focused loan and SME segment lending.
Prospective candidate should have hands-on experience on how to review, assess and underwrite secured and unsecured loans with focus in personal loan underwriting.
Job Type: Full-time

Salary: Up to ₹400,000.00 per year

Benefits:

Provident Fund
Work from home
Schedule:

Fixed shift
Morning shift
Application Question(s):

Credit underwriting work experience within retail lending with any large NBFC or Bank?
How many years of work experience do you have with Indian Market as Underwriter?
Credit Underwriting experience in Personal Loans?
Experience:

Credit underwriting: 3 years (Required)
personal loans: 3 years (Required)
Banking: 3 years (Required)