Bajaj Finance | Area Manager - Credit/Senior Area Manager - Credit

Responsibilities

• The role of the Credit Manager will require a strong understanding of industry knowledge & market intelligence and underwriting processes at BFL to ensure that only credit worthy firms & Individuals are extended loans in line with BFL?s risk policies.
• BFL is currently in the process of scaling up its new car business and the incumbent for this role is expected to bring in industry level insights from credit, risk as well as process perspective.
• Monthly disbursements are expected to cross INR 100 Cr in these businesses by September 2018.
• This role reports to the Regional Credit Manager.
• This role covers pan India strategy for new car loans from sale purchase, balance transfer as well as re-finance perspective.
• Underwriting of new car loans business.
• Incorporate industry best practices with respect to processing turn-around, risk metrics and policy.
• To provide an inside perspective on under-writing as managed by the leading financiers in the industry.
• Drive ownership of internal processes & compliance with underwriting policies.
• Support Business, Risk & Operations in meeting the long term goals of the respective businesses.

Requirements

• Atleast 3 years under-writing experience in used car loans with a reputed bank/NBFCSkills1.
• Good communication skills, with proficiency in English.
• Ability to interact and build common ground with various stake-holders in the business.
• Chartered Accountant / MBA with atleast 3 years of experience in financial services under-writing2.

Bajaj Finance Limited

Bajaj Finance Limited is one of India's largest non-banking financial companies. Incorporated in 1987 as Bajaj Auto Finance Limited and renamed in 2010, it is headquartered in Pune and is a subsidiary of Bajaj Finserv Limited. It is regulated by the Reserve Bank of India as a deposit-taking NBFC in the upper layer of RBI's scale-based framework, and its shares are listed on the NSE and BSE.

Its businesses span consumer lending and payments, SME and commercial lending, rural lending, fixed deposits and digital lending, with home loans offered through its subsidiary Bajaj Housing Finance. Beyond its large sales and service teams, Bajaj Finance hires CA, CMA, CFA and MBA (Finance) profiles into finance and accounts, taxation, treasury, internal audit, credit underwriting, risk and compliance roles.

• Industry: Non-banking financial services (lending, deposits and payments)
• Headquarters: Pune, Maharashtra, India
• In India: Corporate offices in Pune, with branches and lending locations across India