Credit Manager/ Sr. Manager Credit ( MAX 18 LPA )

About us :

- A rickety Ambassador or a shining new Porsche, a JK or a TN registration plate, an accidental car or one which wouldn't start, none of it matters because we buy any car at the best price. We have a simple solution to the most complex problem that a car owner faces - selling his/ her car and our solution is deeply rooted in technology which is why it works.

- Execution is our game and we are killing it! At present, we trade a couple thousand cars every month, making us by far the most significant and largest player in the used car industry. Guess what- We are the fastest growing young business out of India in the last one and a half year - all of it while still being in stealth mode! With 54 branches across 11 major cities in India, we are scaling up rapidly and are on the road to profitability. If you want to work with a business that has the potential to be one of the largest tech companies to emerge out of India, talk to us. We are looking for talented individuals who are excited about working long term, in building a valuable business. We want folks who value building things from the ground up.

Job Description:

- Supervise a team of credit executives for evaluating clients' creditworthiness to approving or rejecting used car consumer loan requests and setting loan terms

- Responsibilities will also include checking credit decision mismatch with scoring models created by Data Science and provide inputs to minimize credit DS mismatch

- Continuous Credit Review to monitor used car loan portfolio and provide inputs after understanding root cause analysis of deteriorating cohorts in portfolio

- Rejection analysis and achieving month-on-month approval targets

- Maintaining TAT with accuracy in decision of used car loan cases

- Managing relationships with partners (other peer financiers) and achieving max penetration with them to book cases with them as per aligned policies

- Alignment of credit policy and processes with cross functional departments and all stakeholders

Candidate Eligibility

- Minimum Qualification: Post graduate from any recognised university(no preference for stream). CA / CFA / MBA in Banking and Finance or relevant field

- 5-7 years of experience in core underwriting

- Team handling experience

- Proven work experience as a Credit Manager, Credit Analyst or similar role

- Hands-on experience with TVR of customers and Fintech Credit Underwriting models

- Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)

- Understanding of lending policy and procedures of retail loan products, preferably car / vehicle / personal loans for salaried and self employed customers with speed and accuracy

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