Job Purpose

- Risk management for the company - credit managers play a critical role in managing risk. They assess the creditworthiness of potential customers and monitor existing clients.
- Compliance - ensure compliance with relevant laws and regulations. They must stay informed about legal requirements related to credit lending and ensure that the organization adheres to them.
- Financial growth - credit managers contribute to the financial growth of the organization. By making informed decisions about credit limits, terms, and conditions, they help facilitate sales while minimizing bad debt losses.
- Credit policies and procedures - they are responsible for implementing and maintaining consistent credit policies. This includes periodic credit reviews of existing customers and assessing the creditworthiness of potential clients.

Duties and Responsibilities

- Evaluate potential customers' creditworthiness
- Evaluate and reduce the credit risk
- Approve and reject loans through the available data
- Review and update the company's credit policy and monitor loan payments and bad debts




- Play a vital role in maintaining financial stability through effective credit risk management and debt collection strategies
- Require a combination of hard skills such as financial analysis and soft skills like communication and negotiation to excel in their role
- Controlling the overall credit exposure of the company can be complex and closely monitor accounts receivable and assess the creditworthiness of customers
- Analyzing financial statements, credit reports, and payment histories to gauge risk levels
- Ensuring compliance with credit policies
- Making informed decisions based on financial regulations and company policies
- Utilizing technology and staying updated on industry trends also contribute to their effectiveness

Required Qualifications and Experience

- Graduate/Post Graduate/MBA with minumum expserience of 1-3 Yrs in credit underwriting, specifically having knowledge of tractor underwriting.

📌 Manager - Credit (Pune)
🏢 Bajaj Finance
📍 Pune