Hiring for "Team Member - Credit Underwriting (COE) " In a leading Bank.

Location-Mumbai

Job Purpose:

The Team Member - Credit Underwriting (COE) is responsible for evaluating credit applications, assessing borrower risk, and ensuring compliance with internal credit policies and regulatory guidelines. The role supports centralized underwriting operations to maintain portfolio quality and efficient credit decisioning.

Key Responsibilities:

- Assess credit proposals, borrower profiles, income documents, and repayment capacity.

- Perform credit appraisal and risk analysis for mortgage / housing finance cases.

- Prepare and maintain BRD and PPAC documentation for new business requirements.

- Coordinate with sales, operations, risk, compliance, and technology teams for smooth underwriting processes.

- Ensure adherence to regulatory guidelines, internal policies, and underwriting standards.

- Analyze business processes and recommend process or system improvements.

- Support Loan Origination System (LOS) enhancements and integrations.

- Monitor underwriting quality, operational efficiency, and compliance standards.

- Maintain accurate documentation and communicate updates to stakeholders.

Skills & Competencies:

- Strong analytical and credit assessment skills

- Knowledge of retail lending, mortgage, and housing finance processes

- Understanding of regulatory and compliance requirements

- Expertise in document verification, income assessment, and risk evaluation

- Good communication and stakeholder coordination skills

- Attention to detail and ability to work in a high-volume environment

Education & Experience:

- Graduate/Postgraduate in Finance, Commerce, or related field

- Experience in underwriting or credit appraisal in BFSI/NBFC/Housing Finance preferred tell in laymen language

Team Member - Credit Underwriting (COE) - Simple Explanation

- This role involves checking loan applications and deciding whether a customer is eligible for a home loan or mortgage. The person reviews customer income, documents, repayment ability, and financial background to reduce risk for the company.

- They also work with different teams like sales, operations, compliance, and technology to ensure the loan process runs smoothly and follows company and regulatory rules.

Key work includes:

- Verifying customer documents and income

- Checking creditworthiness and repayment capacity

- Identifying risks before loan approval

- Coordinating with internal teams for smooth processing

- Supporting improvements in loan systems and processes

- Ensuring all work follows company policies and RBI/regulatory guidelines

- The role is suitable for someone with experience in banking, NBFC, housing finance, or loan underwriting who has good analytical and communication skills.