Head of Credit; Corporate Office

Position: Head of Credit (Corporate Office)
Designation:  Head – Credit
Department:  Credit
Reporting To:  Chief Executive Officer (CEO)

Location:

Corporate Office
Industry:  NBFC / Banking

Employment Type:

Full-time

Experience
Preferred:  10 years in Credit / Underwriting / Credit Risk within NBFC, Banking or Financial Services.
Experience in an  NBFC will be preferred .

The candidate should ideally have managed multi-product and multi-branch credit operations in roles such as:
Head – Credit
Zonal Credit Head
Regional Credit Head
National Credit Manager
Senior Credit Risk Leader

Key Competencies
Strong underwriting capability
Financial and cash-flow analysis
Secured and unsecured lending expertise
Credit policy expertise
Portfolio risk management
Strong and independent decision-making
Analytical and data-driven approach
Ability to challenge Business teams constructively
Strong leadership and people management
High integrity and governance orientation
Strong MIS and portfolio analytics
Ability to balance growth with credit quality

Ideal Candidate Profile
The ideal candidate should be a strong and independent Credit leader who can manage the complete Credit function from the Corporate Office while working closely with the CEO and Leadership Team.

The role should deliver:
Quality:  Strong underwriting and consistent credit decisions.
Control:  Clear policies, approval authority and deviation governance.
Speed:  Efficient Credit TAT without compromising quality.
Portfolio Health:  Low delinquency, controlled NPAs and early identification of risk.
Leadership:  A strong, independent and scalable Credit organisation.
The Company is looking for a  hands-on Credit Head who can support business growth while protecting portfolio quality through disciplined underwriting, strong analytics and independent credit decision-making.

Role Purpose
The Head – Credit will be responsible for the entire Credit function of the Company, including credit policy, underwriting, analysis, sanctioning, approval controls, portfolio monitoring and credit-risk governance across all lending products and branches.
Operating from the Corporate Office, the role will report directly to the CEO and work closely with the Leadership Team, Business, Risk, Operations, Collections, Legal, Compliance and Finance functions.
The objective is to support profitable business growth through strong underwriting, disciplined approvals, consistent policy application, fast turnaround times and high portfolio quality.

Key Responsibilities
1. Credit Strategy & Governance
Develop and implement the Company’s overall Credit Strategy.
Establish strong underwriting and approval standards.
Ensure credit decisions balance growth, risk and profitability.
Maintain independence of Credit from Sales and Business teams.
Present key credit risks, trends and policy recommendations to the CEO and Leadership Team.
Establish strong credit governance and escalation mechanisms.
2. Credit Policy Management
Own and periodically review credit policies across applicable products including:
Loan Against Property
Personal Loans
Vehicle Loans
Business Loans
Gold Loans, where applicable
Other secured and unsecured products
Define and review:
Customer eligibility
LTV
FOIR / D
Income assessment
Banking norms
Bureau parameters
Property eligibility
Credit score requirements
Exposure limits
Deviations
Approval authorities
Documentation standards
Ensure all policies are properly approved, version-controlled and communicated.
3. Credit Underwriting & Analysis
Ensure comprehensive assessment of proposals covering:
Customer profile
Repayment capacity
Income and cash flow
Banking behaviour
Bureau history
Existing indebtedness
FOIR / leverage
Business stability
Financial statements
GST / Income Tax data where applicable
Property / collateral
Legal and technical reports
Fraud indicators
Applicant and…