Job Summary**
The Credit Manager will be responsible for overseeing the credit assessment and risk management processes for the Ramachandrapuram branch, ensuring adherence to company policies and regulatory requirements.
Job Responsibilities**
- Manage and lead a team of credit analysts, providing guidance, training, and performance evaluations.
- Develop, implement, and monitor credit policies and procedures to minimize credit risk while supporting business growth.
- Conduct thorough credit analysis of loan applications, including financial statement analysis, cash flow projections, and collateral valuation.
- Assess the creditworthiness of potential and existing customers, making informed decisions on loan approvals, denials, and terms.
- Monitor portfolio performance, identify early warning signs of credit deterioration, and implement corrective actions.
- Prepare and present credit reports and recommendations to senior management and credit committees.
- Ensure compliance with all relevant banking regulations, internal policies, and credit guidelines.
- Liaise with sales, operations, and legal departments to facilitate smooth credit operations and resolve credit-related issues.
- Negotiate and structure complex credit facilities and repayment plans.
- Maintain up-to-date knowledge of industry trends, economic conditions, and regulatory changes affecting credit risk management.
Job Qualifications**
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field. MBA or relevant professional certification (e.g., FRM, CFA) preferred.
- Minimum of 7-10 years of progressive experience in credit management, with at least 3 years in a leadership role within the banking or financial services sector.
- Strong understanding of credit principles, financial analysis, risk assessment, and lending products.
- Proven ability to analyze complex financial data and make sound credit decisions.
- Excellent leadership, team management, and interpersonal skills.
- Strong communication and presentation skills, both written and verbal.
- Proficiency in credit risk management software and Microsoft Office Suite, especially Excel.
- Thorough knowledge of regulatory requirements and compliance standards applicable to credit operations.
- Demonstrated ability to work effectively under pressure and manage multiple priorities.
