Role &

Responsibilities:
• Creditworthiness Assessment: Evaluate potential personal loan applicants by analyzing financial statements, credit reports, and payment histories to determine their creditworthiness and ability to repay.
• Loan Application Processing: Manage and authorize loan and credit applications, deciding to approve or reject requests based on established credit policies and the applicant's financial profile.
• Credit Policy Development: Create, implement, and regularly update the company's credit policies, guidelines, and procedures to mitigate risk and optimize loan performance.
• Risk Management: Develop credit scoring models to predict risks and set credit limits for borrowers, thereby managing the overall credit exposure of the organization.
• Loan Portfolio Management: Monitor the existing loan portfolio, ensuring timely payments and managing overdue accounts through follow-ups and debt settlement negotiations.
• Regulatory Compliance: Ensure all lending activities and credit procedures comply with applicable local and national regulations and internal policies

📌 Credit Manager-Personal Loan-Credit (India)
🏢 Kotak
📍 India