Cashinvoice
Location
Mumbai | India
Job description
Job Overview:Â Â
 As a Credit Manager at Cashinvoice, you will play a crucial role in assessing and managing credit risk to ensure the responsible and sustainable growth of our lending portfolio. You will be responsible for evaluating creditworthiness, developing credit policies, and implementing strategies to minimize risk while maximizing revenue. This position requires a deep understanding of credit analysis, regulatory compliance, and a proactive approach to decision-making.Â
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Key Responsibilities: Â
1. Credit Risk Assessment:Â
  - Conduct thorough credit analysis on loan applications, evaluating financial statements, credit reports, and other relevant documents.Â
  - Assess the creditworthiness of individuals and businesses, considering various factors such as income, debt, and financial stability.Â
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2. Credit Policy Development:Â
  - Develop and refine credit policies based on industry trends, regulatory requirements, and the company's risk appetite.Â
  - Ensure that credit policies are aligned with the company's overall business strategy.Â
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3. Underwriting and Approval:Â
  - Make informed lending decisions by underwriting loans per established credit policies and guidelines.Â
  - Collaborate with cross-functional teams to ensure a smooth and efficient underwriting process.Â
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4. Portfolio Management:Â
  - Monitor and manage the overall credit portfolio to identify and mitigate potential risks.Â
  - Implement strategies to optimize the performance of the lending portfolio.Â
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5. Compliance and Regulation:Â
  - Stay updated on relevant industry regulations and compliance requirements.Â
  - Ensure that all lending activities adhere to legal and regulatory standards.Â
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6. Customer Interaction:Â
  - Communicate credit decisions to customers and guide on improving creditworthiness.Â
  - Collaborate with customer service teams to address customer inquiries related to credit decisions.Â
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7. Data Analysis and Reporting:Â
  - Utilize data analytics to identify trends, assess portfolio performance, and make data-driven recommendations.Â
  - Prepare regular reports for management, highlighting key credit metrics and performance indicators.Â
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8. Continuous Improvement:Â
  - Identify areas for process improvement within the credit function and contribute to ongoing optimization efforts.Â
  - Participate in training sessions to update the team on industry best practices and new technologies.Â
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Qualifications: Â
- A bachelor's degree in finance, business, or a related field. CA or MBA in Finance preferred.Â
- Proven experience as a Credit Manager in a fintech lending environment.Â
- Strong understanding of credit risk assessment, underwriting, and portfolio management.Â
- Familiarity with regulatory requirements and compliance in the lending industry.Â
- Excellent analytical, decision-making, and problem-solving skills.Â
- Effective communication and interpersonal skills.Â
- Ability to work collaboratively in a dynamic and fast-paced environment.Â
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Suppose you are passionate about driving responsible lending practices in a fintech setting and possess the skills to manage credit risk effectively. In that case, we invite you to apply for the Credit Manager position at Cashinvoice.Â
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Job tags
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