Product Manager - Credit Underwriting & Risk

Role Brief:

We are looking for a skilled and experienced professional in credit underwriting, credit risk, and financial products. The role involves identifying gaps in existing underwriting workflows, analyzing credit processes, and collaborating closely with cross functional teams to ensure accurate system functionalities are developed and enhanced. The candidate will act as a bridge between business and technology teams by providing functional inputs, identifying system deficiencies, and recommending process improvements in the area of credit underwriting and credit risk.

Role and Responsibilities:

- Analyze and understand existing credit underwriting processes and system functionalities.

- Ensure underwriting rules, policies, risk parameters, and decisioning logic are correctly implemented in the system.

- Support implementation of new credit products, scorecards, and underwriting policies.

- Identify gaps, inefficiencies, and improvement areas in underwriting systems and workflows.

- Recommend automation and process optimization opportunities within credit assessment and approval systems.

- Provide accurate business inputs and change recommendations to the team during product development.

- Prepare Business Requirement Documents (BRD), Functional Requirement Documents (FRD), and workflow specifications.

- Work closely with business stakeholders and the IT team to define functional requirements.

- Participate in UAT and validate developed functionalities.

- Coordinate with product and development teams to ensure timely issue resolution and enhancement delivery.

- Monitor system performance and identify operational or functional gaps impacting underwriting quality.

Requirements:

- Bachelor's degree and above (Preferred CA )

- Strong understanding of credit underwriting processes, retail/SME/lending products, credit risk assessment, loan origination systems (LOS), and underwriting workflows.

- Experience working with credit, IT, or product teams in financial services or fintech environments.

- Ability to translate business requirements into functional specifications.

- Knowledge of underwriting rule engines and workflow-based systems.

- Strong analytical and problem-solving skills.

- Excellent communication and stakeholder management abilities.

- Understanding in UAT and process documentation preferred.

- Familiarity with domestic fintech, NBFC, banking, or lending domain is an advantage.