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16/12 Bhumika
Managing Partner at Kairos Consulting India

Views:198 Applications:57 Rec. Actions:Recruiter Actions:38

Credit Policy Role - Micro Finance - BFSI (3-6 yrs)

Mumbai Job Code: 1350777

JOB Role : Credit Policy- Micro Finance

Location : Mumbai

Job Purpose :

- Primary accountability for the definition and adherence to credit policies for Micro loans ( mix of Rural LAP and micro loans) lending products

- Focus on creating an industry-leading credit policy and digital onboarding / underwriting process to provide quick approval TAT for various Consumer Finance loans with an eye on market and competition

Principal Accountabilities :

Credit decision making :

- Review credit strategies, products, policies and procedures on a regular basis, and recommend amendments

- Ensure clear communication and adherence of credit decisions to the sales network

- Liaise with Compliance and Legal departments to ensure all relevant regulatory and governance requirements are met

- Supporting learning and development programs for Credit Managers to institute culture of credit writing excellence, and for Sales team to ensure stringent sourcing

- Implement departmental policies, systems, and procedure so that all relevant procedural/ regulatory requirements are fulfilled while delivering a quality and cost-effective service

- Analyze various portfolio trends and bureau data for future trends for effective decision making

- Effective interaction with business partners across functions including risk, technology, product management amongst others

Credit Monitoring & Communication and reporting :

- Ownership of portfolio quality and performance by continuously monitoring portfolio health

- Work closely with Head for effective external communication and responding to any enquiries from RBI or any other regulatory / statutory body

- Setup a strong portfolio governance mechanism and periodically review the same.

Skills And Knowledge :

Educational Qualifications :


- MBA finance or CA / Graduate with relevant years of experience

- Relevant and total years of Experience

- 3+ years in finance industry with proven track record of managing credit policies from design to implementation

Women-friendly workplace:

Maternity and Paternity Benefits

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