AREA CREDIT MANAGER – CREDIT & COLLECTION @ HIRING PLAZA SOLUTIONS
Hiring Plaza Solutions is seeking a strategic and highly experienced Area Credit Manager to lead credit operations, underwriting, and risk management for the assigned hub in Mumbai. The successful candidate will be responsible for leading loan underwriting activities, refining local market policies, and collaborating closely with sales and distribution teams to design innovative credit products. This role is pivotal in maintaining the quality of the loan portfolio and ensuring that all credit decisions align with the company's risk appetite and strategic objectives. The position involves working across Mumbai and Thane regions.
In this role, you will be required to coordinate with the Head Office underwriting team to standardize templates and enhance processes at the hub level. Key responsibilities include approving housing loan cases, managing builder and project approvals, and working alongside Risk, Recovery, and Legal teams for technical and legal property evaluations. You will also drive fraud prevention initiatives and manage third-party verification agencies effectively. The position offers a compensation of up to ₹9.5 LPA and requires a professional with at least 8 years of experience and a qualification in MBA Finance or CA.
In this role, you will be required to coordinate with the Head Office underwriting team to standardize templates and enhance processes at the hub level. Key responsibilities include approving housing loan cases, managing builder and project approvals, and working alongside Risk, Recovery, and Legal teams for technical and legal property evaluations. You will also drive fraud prevention initiatives and manage third-party verification agencies effectively. The position offers a compensation of up to ₹9.5 LPA and requires a professional with at least 8 years of experience and a qualification in MBA Finance or CA.
Key Requirements
MBA (Finance) or Chartered Accountant (CA) qualification.
Minimum of 8 years of experience in credit and collections.
In-depth knowledge of housing finance and loan underwriting.
Proven leadership and people management abilities.
Experience in developing and refining underwriting policies.
Ability to coordinate with Risk, Recovery, and Legal teams.
Expertise in technical and legal evaluation of properties.
Proficiency in managing third-party verification agencies.
Strong analytical skills with a focus on risk mitigation.
Excellent communication and interpersonal skills.