Senior Credit Manager/Assistant Vice President/Vice President

Position: Senior Credit Manager / AVP / VP

Location: Ghatkopar, Mumbai

Experience: 7-10 Years

Salary: Up to 15 Lpa

Note: Underwriting and approval or Unsecured Loans Up to 40 - 50 Lpa

About the Client:

Our client is a dynamic new-age NBFC focused on empowering MSMEs in rural and semi-urban markets through innovative financial solutions. We specialize in secured and unsecured lending, combining technology with a branch-led approach to deliver high-yield, small, and mid-ticket loans to underserved entrepreneurs. We're scaling fast and are building a high-energy, entrepreneurial core team in Mumbai.

Role Overview:

We're looking for an experienced MSME Unsecured Loan Credit Manager to join our core team. This is a high-impact role that involves driving credit decisions for unsecured MSME loans, balancing growth with robust risk management. The ideal candidate is a self-starter with a strong understanding of small and mid-ticket unsecured lending and the ability to develop systems and policies while building the business and associated teams.

Key Responsibilities:

Credit Underwriting:

- Evaluate unsecured loan applications (INR 5-15 lac) from MSMEs. based in tier 3 tier 4 cities.

- Conduct detailed financial analysis, credit assessments, and risk evaluations.

- Ensure adherence to KreditVenture's credit policies and regulatory guidelines.

Policy and System Development:

- Design and implement credit policies, processes, and risk frameworks.

- Develop scalable systems for efficient credit evaluation and portfolio monitoring.

Portfolio Management:

- Monitor portfolio performance, identify early warning signals, and take corrective actions.

- Build a resilient credit portfolio by balancing growth and risk.

- Implement learnings from past credit cycles to enhance portfolio quality.

Process Optimization:

- Work with the team to improve credit evaluation processes and turnaround time.

- Leverage data and analytics for risk scoring and decision-making.

Business and Team Building:

- Actively contribute to building the unsecured lending business line.

- Hire, train, and mentor credit analysts and team members to create a high-performing credit function.

Market Understanding:

- Stay updated on market trends, competitor strategies, and customer behavior.

- Innovate new risk models and credit policies tailored for small and mid-ticket MSME clients.

Team Collaboration:

- Collaborate with sales, operations, and tech teams to drive end-to-end credit delivery.

- Report directly to the Founding Team, contributing to strategic decision-making.

Key Requirements:

Experience:

- 7-10 years in unsecured MSME lending at mid/large NBFCs. Candidates who have worked on evaluating MSME loans from tier 3 and 4 will be preferred.

Portfolio Insights:

- Experience managing portfolios through multiple credit cycles (both growth and downturn phases).

Risk Acumen:

- Strong understanding of risk management frameworks and their practical application in scaling unsecured loan books.

Policy and Systems Expertise:

- Proven ability to design and implement credit policies and systems.

- Entrepreneurial Mindset: Innovative, self-driven, and ready to thrive in a fast-paced startup environment.

Business Builder:

Demonstrated ability to build and scale credit businesses and associated teams.

Market Knowledge: Deep understanding of small and mid-ticket MSME segments.

Soft Skills: Strong decision-making, problem-solving, and communication skills.