National Credit Manager

Job description

Position Description: National Credit Manager –Business Loan Location: Bengaluru, Karnataka Experience Required: 15-20 Years Position Overview: The National Credit Manager - Business Loan will lead the credit management function for business loans within the organization. This senior leadership role requires an expert with an indepth understanding of credit risk, lending processes, regulatory compliance, and the ability to drive business performance. The ideal candidate will oversee the entire credit process, from policy development and underwriting to portfolio management, while also managing a highperforming team in alignment with organizational goals. Key Responsibilities:  Credit Policy Development & Implementation: Develop, implement, and continually refine credit policies and procedures, ensuring alignment with both regulatory standards and company goals. These policies must balance effective credit risk management with the company’s lending objectives.  Credit Underwriting Management: Oversee the end-to-end credit underwriting process, ensuring accurate evaluation of loan applications, credit scoring, and loan decision-making. Responsible for managing the approval or rejection process based on sound judgment and data-driven analysis.  Portfolio Monitoring & Risk Mitigation: Continuously monitor and analyze the performance of the credit portfolio to identify potential risks and opportunities for improvement. Implement strategies for risk reduction and portfolio optimization, aiming to maintain a high-quality loan portfolio.  Compliance & Audits: Regularly conduct internal reviews and audits of credit operations, ensuring full compliance with local, state, and national regulatory requirements. Stay informed about evolving lending regulations to ensure ongoing compliance.  Team Leadership & Development: Lead, mentor, and develop the credit team, ensuring they are motivated and aligned with the organization’s values. Foster a culture of professionalism, accountability, and continuous learning, empowering team members to achieve their best performance.  Recruitment & Talent Development: Oversee the recruitment of new team members, ensuring the credit department is staffed with talented individuals who can meet the company’s business objectives. Provide training and development opportunities to help staff advance in their careers.  Performance Management: Set clear, measurable KPIs and performance targets for the credit team. Provide regular feedback, coaching, and assessments to ensure continuous improvement and goal achievement.  Budget & Resource Management: Manage the department’s budget, ensuring efficient allocation of resources and effective cost control measures. Optimize departmental operations for maximum efficiency. Key Skills & Expertise:  Credit Knowledge & Expertise: A deep understanding of credit risk management, loan structuring, and credit scoring is essential. The ability to make informed decisions to reduce risk and drive business performance is critical.  Financial Analysis Proficiency: Advanced proficiency in financial analysis, with the ability to assess creditworthiness, evaluate loan offers, and interpret financial statements to make data-driven decisions.  Analytical & Decision-Making Skills: Exceptional ability to analyze complex data, identify trends, and make sound decisions that support strategic goals and mitigate credit risk.  Leadership & Communication: Strong interpersonal and communication skills, with the ability to build relationships with internal and external stakeholders, and to guide the credit team towards achieving business goals.  Regulatory Knowledge: In-depth knowledge of lending-related regulations and compliance standards. Ability to apply this knowledge to ensure all credit activities are compliant with local and national laws.  Technology Proficiency: Skilled in using MS Office and credit management software for reporting, analysis, and decision-making. Proficiency in adapting to new technologies to improve operational efficiency. Eligibility Criteria:  Experience: A minimum of 15-20 years in credit management within the financial services industry, with at least 7 years in a leadership or managerial role, demonstrating expertise in managing complex credit operations.  Proven Track Record: A demonstrated history of success in managing credit operations, implementing robust credit policies, and meeting business objectives while maintaining strong compliance.  Regulatory Knowledge: Comprehensive understanding of lending-related regulatory standards and risk management techniques, ensuring that the organization remains compliant at all times.  Interpersonal & Communication Skills: Outstanding communication, negotiation, and relationship management skills. Ability to influence stakeholders at all levels and maintain positive external relationships.  Technological Skills: Proficiency in MS Office and credit management systems, with the ability to leverage technology to enhance credit processes and improve departmental performance WEBSITE : https://www.muthootfinance.com/