Udaan - Underwriter

Underwriter

About Udaan :

udaan is a B2B ecommerce platform that brings traders, wholesalers, distributors, retailers, and manufacturers in India on to a single platform. Our goal is to make 'doing business' easy in India & make B2B commerce convenient and efficient.

udaan Capital is the NBFC arm of udaan & offers credit services to buyers and sellers on and off udaan's B2B ecommerce platform to grow their business further. This space is largely untapped with less than 10% of MSMEs having access to working capital loans from financial institutions. In this way, udaan is uniquely positioned to formalize &scale trade credit.

Job Responsibilities :

- Deciding trade credit for buyers (lending amount & period)

- Responsible completion of timely credit appraisals

- Adhering to strict TAT for underwriting files

- Maintaining quality of underwriting as per SOP

- Recommending deviation cases to the higher level or approving authority as per delegation matrix

- Vendor Management

KRAs of the role :

Delinquency Management - Maintain lower NPAs

TAT Management - Strict TAT to be maintained for underwriting files

Managing Quality of Processing - to maintain quality of underwriting adhering to SOP

Vendor Management - coordinate with vendors for getting various verification done for customers

Functional Competencies :

- Problem Solving : Resolution of overdue accounts by coordinating with a sales team. Coordination with Operations team for due/ overdue PDD process

Stakeholder Management : Meet Customers to understand them better for better credit appraisal

Cross-functional integration : Coordinate with sales and operations team for efficient functioning of the entire process

Candidate Profile :

Qualification : CA/MBA Finance/B.Com

- Must have a minimum 1 - 3 years of work experience in SME underwriting for products like Invoice Finance, Business Loans; prior experience in Fintech/NBFCs preferred

- Thorough understanding of SME Financing and Credit processes

- Good at market intelligence, should be able to provide inputs & feedback for policy and process improvement

- Eye for detail/Diligent Personality