Credit Risk Underwriting Manager - Bengaluru, India - Time Hack Consulting

Description

• Reviewand analyze credit applications financial statements and creditreports to assess the creditworthiness ofapplicants.
• Evaluate the risk associated witheach credit application and make recommendations for approval ordenial.
• Follow established underwritingpolicies and procedures to ensure consistency andcompliance.
• Stay informed about industry trendsmarket conditions and changes in underwritingguidelines.
• Assess various risk factorsincluding credit history income debttoincome ratio and collateralvalue.
• Utilize risk models and scoring systemsto make objective and consistent creditdecisions.
• Communicate credit decisions toapplicants and when necessary provide explanations fordenials.
• Collaborate with sales and customerservice teams to address inquiries and provide guidance oncreditrelated matters.
• Maintain accurate andcomplete records of credit decisions including supportingdocumentation.
• Ensure compliance withdocumentation requirements and regulatorystandards.
• Work with customers to obtainadditional information or clarification on creditapplications.
• Provide exceptional customerservice by addressing inquiries and concerns professionally andpromptly.
• Participate in ongoing training tostay updated on industry best practices and evolving underwritingstandards.
• Identify opportunities for processimprovement and contribute to the enhancement of underwritingpractices.

• Bachelorsdegree in Finance Business Economics or a relatedfield.
• 5 years of experience in credit riskunderwriting.
• Strong analytical andproblemsolving skills.
• Familiarity with creditscoring models and underwritingsoftware.
• Knowledge of relevant regulations andcompliance standards.
• Excellent communicationand interpersonal skills.
• Detailoriented withthe ability to manage multiple tasksefficiently.
• Ability to make sound creditdecisions based on comprehensiveanalysis.

underwriting,risk,customerservice