Job Description

Job Purpose:

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To lead the organization's credit, underwriting, risk, and policy functions, ensuring robust risk management, portfolio quality, regulatory compliance, and operational efficiency. The role combines strategic oversight with hands-on leadership of credit and risk processes to support sustainable business growth.

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Key Responsibilities:

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1. Credit & Underwriting Oversight

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- Define and implement credit policies, underwriting guidelines, and approval frameworks for housing loans and allied products.
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- Monitor loan origination, appraisal, and sanction processes to ensure quality, accuracy, and compliance.
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- Approve high-value or complex credit proposals in line with delegated authority.
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- Continuously refine underwriting models, credit scoring, and risk assessment tools.
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2. Risk Management

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- Identify, assess, and mitigate credit, operational, and portfolio risks across the organization.
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- Establish early warning systems to monitor portfolio quality, delinquencies, and potential NPAs.
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- Develop and implement risk management strategies, including credit risk appetite and limits.
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- Monitor and report key risk indicators (KRIs) to senior management and the board.
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3. Policy Formulation & Governance

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- Develop, implement, and periodically review policies related to credit, underwriting, collections, and risk management.
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- Ensure policies are compliant with RBI/NHB regulations, industry best practices, and organizational objectives.
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- Provide guidance and training to teams on policy interpretation and compliance.
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4. Portfolio Quality & Monitoring

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- Oversee portfolio monitoring, NPA management,



and recovery strategies.
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- Analyze trends in delinquency, write-offs, and provisioning requirements.
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- Work closely with the Collections, Legal, and Operations teams to minimize risk exposure.
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5. Leadership & Team Management

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- Lead, mentor, and manage teams in credit underwriting, risk management, and policy.
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- Set performance targets, monitor KPIs, and drive accountability.
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- Promote a risk-aware, compliant, and customer-centric culture across teams.
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6. Reporting & Stakeholder Management

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- Prepare periodic MIS and analytical reports on credit performance, risk, and portfolio health.
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- Present insights and recommendations to the CEO, Board, and regulatory authorities.
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- Liaise with auditors, regulators, and external agencies for compliance reviews and risk assessments.
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Skills & Competencies:

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- Strong leadership and people management skills.
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- Expertise in credit appraisal, underwriting, risk assessment, and policy development.
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- Excellent analytical, problem-solving, and decision-making abilities.
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- Deep knowledge of regulatory and statutory requirements in housing finance.
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- Robust communication and stakeholder management skills.
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- Strategic thinking with the ability to balance growth and risk.
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Qualifications & Experience:

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- Graduate/Postgraduate in Finance, Economics, Business Administration, or related field.
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- 12–15 years of experience in housing finance, retail finance, or banking, with significant experience in credit, underwriting, risk, and policy roles.
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- Proven experience in managing large credit portfolios and risk functions.
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📌 Head of Credit (Mumbai)
🏢 Agrim Housing Finance
📍 Mumbai