Credit Manager

From 5 to 9 year(s) of experience
₹ 5,50,000 - 7,00,000 P.A.

Job Description

Roles and Responsibilities

Job Description - To underwrite small ticket viz., 5 - 10 lakhs unsecured loan facility to individuals, micro traders, manufacturers & service providers and self- employed professionals for business needs.   To start with, the coverage will be in Bangalore, Chennai & Hyderabad Centres. 

The role involves credit appraisal and underwriting within defined credit policy guidelines for the product, evaluating risk factors and identifying suitable mitigates and term sheet preparation. 

Conversant with technology assisted under writing and method of evaluation. 

Understanding of loan originating system and workflows relevant to this segment. 

Experience - 5 years in a Credit position with aforesaid experience in UBL vertical  in a Bank/NBFC

Qualification - Graduate & above

Desired Candidate Profile

Experience - 5 years in a Credit position with aforesaid experience in UBL vertical  in a Bank/NBFC

Perks and Benefits

Role:Credit Risk

Salary: 5,50,000 - 7,00,000 P.A.

Industry:Financial Services

Functional Area:Risk Management & Compliance

Role Category:Finance

Employment Type:Full Time, Permanent

Key Skills


UG:B.Com in Any Specialization

PG:M.Com in Any Specialization,MBA/PGDM in Any Specialization

Company Profile

Muthoot Finance

About Muthoot Group :

The Muthoot Group, is today a household name in India. It consists of 18 diversified divisions

and is spread across the nation through over 4500 branches with a global presence in 6 other

countries. Over 253,000 customers transact with The Muthoot Group every day. The Group,

since inception in 1887 has served over 48 cores customers. The story of The Muthoot Group is

built on the foundations of passion, commitment, honesty, traditions and values. Our principle of

continuous growth and expansion forms the essence of allur activities.

The Group recently celebrated 130 years of unblemished business excellence providing services

to millions of underserved Indians leading to Financial Inclusion even in the most remote and

rural areas of the country. Since its inception, The Muthoot Group has been transforming lives of

millions of Indians across the country, giving wings to their dreams and creating successful

realities. The Muthoot Group has not only grown exponentially but has also facilitated growth

for a sizeable population of the country that falls in the underserved category.

Muthoot Finance:

Muthoot Finance Limited is the largest gold financing company in India in terms of loan

portfolio. The company is a 'Systemically Important Non-deposit taking NBFC' headquartered in

the southern Indian state of Kerala. Muthoot Finance is listed in the leading Indian stock

exchanges. Operating history of Muthoot Finance has evolved over a period of 79 years since M.

George Muthoot (the father of our Promoters) founded a gold loan business in 1939 under the

heritage of a trading business established by his father, Ninan Mathai Muthoot in 1887. The

company provides personal and business loans secured by gold jeweler (Gold Loans), primarily

to individuals who possess gold jewellery but could not access formal credit within a reasonable

time, or to whom credit may not be available at all, to meet unanticipated or other short-term

liquidity requirements.

Muthoot Finance has 4 subsidiaries, namely Belstar Investments (Microfinance, HQ - Chennai),

Asia Asset Finance (a Listed NBFC in Sri Lanka - HQ Colombo), Muthoot Insurance Brokers

(IRDA Registered Composite insurance broker, HQ - Cochin), Muthoot Homefin (Housing

Finance Company, HQ - Mumbai)

Muthoot Finance today has a Gold Loan portfolio of over Rs.27,500 crores and an additional

Rs.2000 crores of Non-Gold Loan portfolio through its subsidiary businesses, which is

approximately 7% of the consolidated AUM. The management has decided to increase its Non-

Gold Loan products to upto 25% of the consolidated AUM over the next 3 years. In this effort,

over the last 8 quarters we have commenced a personal loan vertical, primarily aiming at salaried

borrowers. The loan ticket size varies between Rs.1 lakh - Rs.10 lakhs. At present we have

launched personal loans in the three states of South India - Tamil Nadu, Kerala and Karnataka.

Our goal is to have pan-India disbursement of personal loans in the next two years and grow the

AUM to Rs. 1,000 crores by FY 2021

Company Info
View Contact Details+

Contact Company:Muthoot Finance

Address:Muthoot Finance Ltd, Lingarajapuram, , BANGALORE, Karnataka, India