AddressWe are looking for Credit Underwriter role to be based out of Bangalore
CA is a must have
Key Responsibilities:
We are looking for a uniquely qualified Credit Underwriter to join our growing team. You'll bring a blend of startup agility, expertise in lending to unorganized sector SMEs, and a strong foundation in NBFC underwriting principles. In this dynamic role, you'll co-create innovative credit solutions for our semi-wholesaler clients in the supply chain, while ensuring responsible lending practices.
Responsibilities:
Credit Product Development:
- Partner with business and product teams to tailor credit solutions for our semi wholesaler clients.
- Apply NBFC underwriting principles while considering seasonal nuances and business realities of the supply chain
Credit Underwriting:
- Analyze financial statements, tax filings, bank statements, transaction data, and other relevant data (including customer personas) to assess the creditworthiness of potential clients.
- Develop and implement a customized credit risk assessment framework specifically designed for the agritech supply chain, addressing the unique challenges of the unorganized sector.
- Recommend approval, denial, or modification of credit terms for clients, with clear and documented justifications.
- Utilize strong analytical and problem-solving skills to identify potential risks and develop mitigation strategies.
Portfolio Management:
- Monitor the performance of existing loans and identify potential defaults or early warning signs. o Ensure through close monitoring and working with business teams and collection teams to have very low default and delinquency ratios
- Process Improvement: o Continuously improve credit underwriting processes by analyzing past decisions and incorporating new data sources or risk assessment techniques.
Qualifications:
- Minimum 6-10 years of experience as a Credit Underwriter in a startup or NBFC, with a focus on SME lending in the unorganized sector.
- Strong understanding of NBFC underwriting principles and loan product structures.
- Proven ability to assess credit risk effectively, even with limited financial data.
- Experience working in a fast-paced startup environment.
- Excellent analytical and problem-solving skills.
- Proficiency in financial modelling and spreadsheet applications.
- Strong communication and interpersonal skills.
- Ability to work independently and manage multiple tasks effectively
