AREA CREDIT MANAGER – CREDIT & COLLECTION @ HIRING PLAZA SOLUTIONS
Hiring Plaza Solutions is seeking a highly experienced and strategic Area Credit Manager to lead credit operations, underwriting, and risk management for the assigned hub region in Mumbai (Thane). The candidate will be responsible for overseeing loan underwriting, developing policies based on local market dynamics, and partnering with sales and distribution teams to design innovative credit products. This role requires strong leadership and analytical expertise to ensure robust credit quality and portfolio health.
The successful candidate will coordinate with Head Office underwriting teams to standardize processes, approve housing loan applications, and manage builder/project approvals. You will work closely with Risk, Recovery, and Legal teams for effective credit decisions and drive fraud prevention initiatives. The salary offered for this position is up to ₹9.5 LPA. Candidates must have an MBA in Finance or be a Chartered Accountant with over 8 years of relevant experience in the banking or NBFC sector.
The successful candidate will coordinate with Head Office underwriting teams to standardize processes, approve housing loan applications, and manage builder/project approvals. You will work closely with Risk, Recovery, and Legal teams for effective credit decisions and drive fraud prevention initiatives. The salary offered for this position is up to ₹9.5 LPA. Candidates must have an MBA in Finance or be a Chartered Accountant with over 8 years of relevant experience in the banking or NBFC sector.
Key Requirements
MBA (Finance) or Chartered Accountant (CA) qualification is mandatory.
Minimum of 8 years of relevant experience in credit, underwriting, and risk management.
Proven track record of managing loan underwriting across a hub or region.
Ability to develop and refine underwriting policies based on local market dynamics.
Experience in coordinating with Head Office teams to standardize templates and processes.
Extensive knowledge of housing loan application approvals and company policies.
Expertise in managing builder and project approvals including complex case escalations.
Skilled in conducting technical and legal evaluations of properties.
Proficiency in driving fraud prevention initiatives and risk mitigation strategies.
Strong leadership skills with the ability to manage and mentor a team effectively.