Assistant Manager - Credit Underwriting (Digital Payment)

The Assistant Manager – Credit Underwriting is responsible for evaluating creditworthiness, assessing financial risks, and supporting credit decision-making for retail and/or corporate clients. The role ensures compliance with internal credit policies, regulatory requirements, and risk management frameworks while maintaining portfolio quality.

Credit Assessment & Underwriting

• Analyze loan applications, financial statements, and supporting documentation to assess borrower creditworthiness.
• Conduct detailed credit risk analysis, including income verification, cash flow analysis, and repayment capacity.
• Evaluate credit proposals for retail, SME, or corporate segments (as applicable) and provide recommendations.
• Ensure adherence to internal credit policies, lending guidelines, and regulatory requirements.

Risk Evaluation & Decision Support

• Identify potential risks and recommend appropriate mitigants.
• Review credit scores, bureau reports, and financial ratios.
• Assist in structuring loan proposals, including collateral evaluation and risk grading.
• Support decision-making by preparing credit appraisal notes and reports.

Portfolio Monitoring

• Monitor existing credit portfolio performance and highlight early warning signals.
• Assist in periodic reviews of accounts and limit renewals.
• Work closely with collections and risk teams to manage delinquent accounts.

Stakeholder Coordination

• Liaise with sales and operations teams to obtain required documentation.
• Coordinate with legal, valuation, and compliance teams for due diligence.
• Support internal/external audits and ensure timely closure of audit observations

Process Improvement

• Identify opportunities to enhance underwriting processes and turnaround time.
• Contribute to automation initiatives and policy updates

Desired Candidate Profile

Knowledge & Skills

Essential

• Strong knowledge of credit analysis, financial statement interpretation, and risk assessment
• Familiarity with credit bureau reports and risk rating models
• Proficiency in MS Excel and credit underwriting systems

Preferred

• Strong analytical and problem-solving abilities
• Attention to detail and decision-making skills
• Excellent communication and stakeholder management
• Ability to work under pressure and meet deadlines

Educational Qualifications

Bachelor’s degree in Finance, Accounting, Economics, or related field

Relevant Experience

• 5–8 years of experience in credit underwriting, risk assessment, or lending operations

• Experience in banking, NBFC, or fintech preferred

• Professional qualifications (CA, CFA, MBA – Finance) preferred