Area Credit Manager

Company Overview

Homeville Group is a financial technology, infrastructure, and lending company focused on building credit networks and platforms for the housing finance ecosystem. The Company provides critical infrastructure layers to create housing-focused credit platforms that enable retail credit in the housing sector. Homeville adopts a multi-platform strategy to cater to various customer segments in this ecosystem and is recognized for creating large operating leverage with a common technology stack and team. Bharat Housing Network, a part of the group, is India's largest affordable housing co-lending platform, empowering regional housing finance ecosystems and enabling financial inclusion.

Job Summary

We are looking for a skilled Area Credit Manager to join our team. The successful candidate will have a passion for credit and the ability to work collaboratively with various stakeholders. This role is crucial to ensure the effective assessment and management of borrowers, contributing significantly to the organization's goals of expanding affordable housing finance.

Responsibilities

• Conduct assessments of borrower profiles, repayment capacity, and income stability as an individual contributor.
• Evaluate loan ticket sizes of up to ₹1.5 crore.
• Visit business premises, properties, and residences of customers during the due diligence process.
• Analyze actual business income and expenses of customers beyond reported income.
• Understand customer business requirements and perspectives to tailor credit solutions.
• Assess the creditworthiness of customers and their intentions to repay by analyzing all documentation and findings from the due diligence.
• Study, analyze, and interpret legal and technical reports related to property valuation.
• Underwrite and sanction home loan/loan against property files sourced by the sales team.
• Coordinate and communicate effectively with different departments, ensuring adherence to policies and processes.
• Monitor non-starters and first EMI bounce trends, reporting regularly on various Management Information Systems (MIS) to track portfolio performance and risk.
• Continuously improve underwriting capability based on portfolio performance metrics.

Qualifications

• Graduate degree with 5+ years of relevant experience in credit analysis or a related field.
• Strong knowledge of the affordable housing segment.
• Familiarity with the policies and operational procedures in loan assessments and underwriting.

Preferred Skills

• Proficiency in analyzing financial documents and legal contracts.
• Strong communication and interpersonal skills, with the ability to work cross-functionally.
• Capacity to handle multiple cases efficiently while maintaining accuracy.

Experience

• Minimum 5 years of experience in credit assessment, underwriting, or related roles within the financial services industry.

Environment

The position is based in Mumbai, and it is a full-time role. The work environment requires collaboration across departments within the company.

Salary

• Competitive salary packages with performance-based bonuses.

Benefits

• Mediclaim plans for you and your dependents.
• Access to educational resources for self-improvement, including both technical and non-technical resources.