Job Role:- Senior- Credit Underwriter
Job Location:- Andheri, Mumbai
Experience Required:- Minimum 3+ years in Credit Underwriting
Job Description:
Key Responsibilities
1. Credit Assessment & Underwriting
- Evaluate loan applications by analyzing financial statements, bank statements, credit reports, GST returns, ITRs, and other relevant documents.
- Assess borrower creditworthiness based on income stability, repayment capacity, financial behaviour, and risk factors.
- Perform quantitative and qualitative risk analysis to make informed underwriting decisions.
- Approve, decline, or recommend applications within defined credit limits and policies.
2. Risk Review & Documentation
- Identify potential red flags, fraud indicators, and deviations in financial documents.
- Ensure all cases adhere to internal credit policies, regulatory guidelines, and risk frameworks.
- Maintain accurate records, underwriting notes, and decision rationale for audit and compliance teams.
3. Cross-Team Collaboration
- Work closely with Sales, Operations, Collections, and Compliance teams to ensure smooth processing of credit files.
- Provide timely responses and updates to stakeholders on file status and required documents.
- Support policy enhancements by sharing insights and trends from underwriting cases.
4. Portfolio Monitoring & Reporting
- Monitor early delinquency trends and highlight potential risks in the portfolio.
- Assist the risk team in periodic reviews of credit policies and product programs.
- Contribute to process improvements, automation initiatives, and quality audits.
Required Skills & Competencies
- Strong analytical skills with the ability to interpret financial data.
- Good understanding of credit underwriting for retail loans / SME loans / personal loans (as applicable to your company).
- Familiarity with credit bureau reports (CIBIL, Experian, etc.).
- Proficient in MS Excel; knowledge of financial ratios and cashflow analysis.
- Excellent attention to detail and ability to identify inconsistencies.
- Strong communication skills (both written & verbal).
- Ability to work under defined TATs and manage multiple cases simultaneously.
