The Credit Manager is responsible for managing the credit portfolio, ensuring healthy loan quality, minimizing overdue accounts, and achieving collection targets. The role includes monitoring branch performance, supporting field teams, analyzing portfolio risk, and ensuring compliance with company policies.
Key Responsibilities
Monitor branch-wise credit portfolio and loan performance.
Control overdue (OD) and improve collection efficiency.
Review loan applications and approve/recommend loans as per policy.
Analyze PAR (Portfolio at Risk) and prepare MIS reports.
Guide and support Branch Managers and Credit Officers.
Conduct field visits and portfolio audits.
Ensure compliance with credit policies and regulatory requirements.
Identify high-risk accounts and implement recovery strategies.
Train and mentor credit and collection teams.
Coordinate with operations and management to achieve business targets.
Key Performance Indicators (KPIs)
Portfolio at Risk (PAR %)
Overdue (OD) reduction
Collection Efficiency
Portfolio Quality
Loan Disbursement Quality
Branch Performance
Audit Compliance
Required Qualifications
Bachelor's degree (MBA/Finance preferred).
3–8 years of experience in Microfinance, NBFC, or Banking.
Strong knowledge of credit appraisal and collections.
Proficiency in MS Excel and MIS reporting.
Good analytical, leadership, and communication skills.
Willingness to travel across branches.
Preferred Skills
Team management
Decision-making
Risk assessment
Problem-solving
Negotiation and recovery management
Time management
Pay: ₹35,000.00 - ₹50,000.00 per month
Benefits:
- Cell phone reimbursement
- Commuter assistance
- Flexible schedule
- Food provided
- Paid sick time
- Provident Fund
Work Location: In person
