Credit Manager

Jana Small Finance Bank

Navi Mumbai, Mumbai City, Mumbai

3-7 Years

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Posted 24 days ago
Over 50 applicants

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Job Description

Description

The Credit Manager will be responsible for managing the credit risk of the organization by assessing and monitoring customer creditworthiness, developing credit policies, and ensuring timely collections. The ideal candidate will have a strong financial background and experience in credit management.

Responsibilities

Assessing credit risk and determining credit limits for customers.
Monitoring accounts receivable and ensuring timely collections.
Analyzing financial statements and credit reports to make informed credit decisions.
Developing and implementing credit policies and procedures.
Collaborating with sales and finance teams to ensure alignment on credit decisions.
Preparing reports on credit metrics and presenting findings to management.

Skills and Qualifications

Bachelor's degree in Finance, Accounting, Business Administration, or related field.
3-7 years of experience in credit management or related financial roles.
Strong understanding of credit analysis and risk assessment techniques.
Proficient in financial modeling and analysis tools.
Excellent analytical and decision-making skills.
Strong communication and negotiation abilities.
Familiarity with relevant financial regulations and compliance standards.

More Info

Job Type:

Permanent Job

Industry:

Banking

Role:

Credit Control & Collections

Function:

Finance & Accounts

Employment Type:

Full time

Open to candidates from:

Indian

About Company

Jana Small Finance Bank

Jana Small Finance Bank, formerly known as Janalakshmi Financial Services, is headquartered in Bengaluru. Established in 2008, it became the largest Micro Finance Institution (MFI) in India and gained global recognition for its innovative work in advancing financial inclusion. In 2015, it was among the ten financial institutions to receive in-principle approval from the Reserve Bank of India (RBI) to set up a Small Finance Bank. Jana received its final banking license in April 2017 and began banking operations on March 28, 2018. Under the leadership of its MD & CEO, Ajay Kanwal, the bank aims to become the leading inclusive, digitised bank serving all segments and communities in aspirational India.
Post-transition, Jana Small Finance Bank has been enabling its existing customer base of 4.5 million across 19 Indian states to access formal banking services. As of March 31, 2018, the bank had a Capital Adequacy Ratio (CAR) of approximately 35% and a loan book of INR 76 billion. With an ambitious target to add four million more customers by 2020, the bank has been rapidly expanding its footprint by converting microfinance storefronts into full-fledged bank branches, aiming to have 500 operational branches across 19 states by the end of 2019. The bank employs around 15,000 people, and its senior management brings an average of over 25 years of experience in the banking and financial services sector. Jana Small Finance Bank is regulated by the Reserve Bank of India.

Job ID: 119069435

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