Muthoottu Mini - Senior Manager - Credit - Microfinance

Urgent Hiring : Senior Manager - Credit (Microfinance).

Muthoottu Mini Financiers Ltd.

Location: Head Office - Kaloor, Kochi.

Department: Microfinance.

Experience Level: 10+ Years.

Application Deadline: Immediate Joining.

Join One of India's Leading NBFCs!.

Muthoottu Mini Financiers Ltd, with a proud legacy of over 100 years in financial services, is looking for a seasoned professional to join our fast-growing Microfinance Division.

We are seeking a highly capable Senior Manager - Credit (Microfinance) to lead and strengthen our credit and collections operations.

Key Responsibilities:

- Develop and implement robust credit policies, underwriting norms, and risk assessment frameworks specific to the microfinance customer segment.

- Lead end-to-end credit appraisal and loan approval processes across branches and regional offices.

- Monitor and manage the performance of the loan portfolio, with a strong focus on collections, delinquency control, and NPA reduction.

- Design and implement collection strategies in coordination with regional and branch teams to ensure timely recovery and minimize overdue accounts.

- Collaborate closely with field operations, collections, product, and compliance teams to align credit decisions with ground realities and business goals.

- Conduct regular portfolio reviews, analyze early warning signals, and initiate pre-emptive collection measures to protect asset quality.

- Mentor and train credit analysts, branch credit officers, and collection staff on risk evaluation, credit policy adherence, and recovery procedures.

- Drive digitization of credit and collection processes for better turnaround, tracking, and transparency.

- Ensure full compliance with RBI guidelines, NBFC-MFI regulatory norms, and internal audit requirements.

- Support internal and external audits, inspections, and portfolio reviews related to credit and collections.

Candidate Requirements:

- Education: Graduate/Postgraduate in Finance, Commerce, Business Administration, or related field.

- Certifications in Credit or Risk Management will be an added advantage.

- Experience: Minimum 10 years in credit assessment, underwriting, or risk management in the Microfinance or NBFC-MFI sector (Mandatory).

- Strong analytical, leadership, and interpersonal skills.

- Deep understanding of microfinance customer behavior, lending patterns, and regional risk trends.

- Proficiency in analyzing credit bureau data, managing MIS reports, and using Loan Origination Systems (LOS).