M1xchange - Credit Manager - Supply Chain Finance

Key Responsibilities:

Credit Underwriting & Risk Assessment:

- Lead and manage a team of underwriters in the evaluation, risk assessment, and underwriting of MSME loan applications including Invoice Finance and Business Loans.

- Evaluate the creditworthiness of MSME borrowers using multiple data sources including GST data, bank statements, ITR, bureau reports (CIBIL/Experian/CRIF), trade references, and other online/offline inputs.

- Develop and maintain credit scoring models and risk assessment frameworks to drive consistent, data-backed underwriting decisions.

- Adhere to strict turnaround times for underwriting while maintaining quality as per defined SOPs.

Credit Policy & Process:

- Design, implement, and periodically review credit policies, procedures, and risk parameters in alignment with internal standards and RBI guidelines on MSME lending.

- Work with product, technology and business teams to ensure the right risk parameters are captured and assessed at every stage of the credit lifecycle.

- Leverage technology and automation tools to continuously improve underwriting efficiency, reduce TAT, and minimize manual errors.

- Stay current on industry trends, competitive benchmarks, regulatory developments (RBI guidelines, priority sector norms, co-lending frameworks), and MSME lending ecosystem changes.

Portfolio Monitoring & Risk Management:

- Monitor the overall MSME credit portfolio on an ongoing basis, tracking delinquency, NPA trends, and bad debt movements.

- Design and implement an Early Warning Signal (EWS) framework using portfolio analytics to proactively identify stress accounts and trigger timely interventions.

- Coordinate with the sales team for resolution of overdue accounts.

- Ensure NPAs are maintained within defined thresholds and take corrective action where required.

Financier & Vendor Management:

- Liaise with one or more partner financiers to establish and manage credit limits for eligible MSME borrowers.

- Build and maintain strong working relationships with partner financiers, aligning processes and documentation to minimize TAT and ensure smooth funding.

- Manage onboarding and ongoing engagement with credit bureau and verification vendors (e.g., GST verification, bank statement analysis, fraud check tools).

Team Leadership:

- Lead, coach, and develop a team of underwriters, setting clear performance expectations and fostering a culture of credit discipline and continuous improvement.

- Conduct regular credit reviews, case discussions, and training sessions to upskill the team and maintain underwriting quality.

Candidate Profile:

- CA / MBA Finance (premier institute preferred); B.Com (H) with relevant professional certifications may be considered.

- Minimum 6-10 years of work experience in credit underwriting of unsecured SME/MSME products such as Invoice Finance, Working Capital Loans, or Business Loans.

- Prior experience in Fintech or NBFC strongly preferred.

- Proven track record of setting up and scaling credit underwriting processes in a fast-paced environment.