Job Title: Credit Head Location: Hisar Reporting To: CEO Annual CTC Cap: Up to INR 30 LakhsCompany Overview:We are a dynamic and rapidly growing Non-Banking Financial Company (NBFC) committed to providing innovative financial solutions. With a focus on customer-centricity and robust risk management, we are looking for an experienced Credit Head to lead our credit operations and drive our growth strategy.Job Summary:The Credit Head will be responsible for developing and executing the credit strategy, managing risk assessment, and ensuring adherence to regulatory requirements. This role will oversee the entire credit lifecycle—from origination and underwriting to portfolio management and collections—while working closely with senior leadership to align credit policies with overall business objectives.Key Responsibilities:Strategic Leadership:Develop and implement a comprehensive credit strategy aligned with the company's growth and risk management goals.Collaborate with executive leadership to define credit policies, pricing strategies, and risk appetite.Risk Management & Underwriting:Oversee credit risk assessment processes, ensuring robust evaluation and mitigation strategies.Lead the underwriting process for new loan applications, ensuring adherence to credit policies and regulatory guidelines.Monitor portfolio performance and adjust strategies to mitigate emerging risks.Portfolio Management:Manage the overall credit portfolio, ensuring a balanced mix of risk and return.Analyze portfolio trends, identify areas for improvement, and implement strategies to enhance portfolio quality.Oversee regular reviews of credit exposures and develop action plans for distressed accounts.Regulatory Compliance & Reporting:Ensure full compliance with regulatory requirements and internal policies.Prepare and present periodic reports on credit portfolio performance, risk exposures, and key metrics to the senior management team.Stay abreast of industry trends, regulatory changes, and economic factors affecting the credit market.Team Leadership & Development:Lead, mentor, and develop the credit team to ensure high performance and continuous improvement.Foster a culture of accountability, transparency, and proactive risk management.Drive initiatives for process improvements, automation, and the adoption of new technologies in credit assessment.Stakeholder Management:Build and maintain strong relationships with internal stakeholders, external partners, and regulatory bodies.Collaborate with other departments, including sales, operations, and finance, to ensure seamless credit operations.Engage with external auditors and regulatory inspectors as required.Qualifications & Experience:Mandatory Qualification:Chartered Accountant (CA) qualification is mandatory.Educational Background:MBA/PGDM in Finance, Banking, or a related field is preferred.Experience:Minimum 10 years of experience in credit management, with at least 5 years in a leadership role within a financial institution, preferably an NBFC or bank.Proven track record in developing and executing credit strategies, managing risk, and driving portfolio performance.Skills & Competencies:In-depth understanding of credit risk management, underwriting processes, and regulatory requirements.Strong analytical and quantitative skills with proficiency in data-driven decision-making.Excellent leadership, communication, and interpersonal skills.Ability to work in a fast-paced, dynamic environment and manage multiple priorities.Proficiency in relevant credit management software and tools.What We Offer:Competitive compensation package with an annual CTC cap of up to INR 30 Lakhs.Opportunities for professional growth and development.A collaborative and innovative work environment.Exposure to strategic decision-making and leadership roles within a fast-growing organization.
Job Title
Vice President of Credit