Sr manager- Credit risk

Job Description: Credit Risk Manager JLG Microfinance

Company: Utkarsh Small Finance Bank
Department: Credit Risk / Risk Management
Product: JLG (Joint Liability Group) Microfinance
Role: Sr manager- Credit Risk

Job Summary

We are looking for an experienced Credit Risk professional to manage and strengthen the credit risk framework for the JLG Microfinance portfolio. The role will focus on credit policy implementation, portfolio quality monitoring, risk assessment, underwriting standards, and minimizing credit losses while supporting responsible business growth.

Key Responsibilities

• Develop, review, and implement credit risk policies and underwriting guidelines for the JLG microfinance portfolio.
• Monitor portfolio performance, asset quality, delinquency trends, PAR 30/60/90, and loan default rates.
• Identify emerging credit risks across branches, regions, and customer segments.
• Analyze portfolio data and recommend corrective actions to control credit losses.
• Establish and monitor credit appraisal processes, borrower eligibility criteria, and loan assessment parameters.
• Work closely with business, operations, collections, and audit teams to improve portfolio quality.
• Conduct periodic portfolio reviews and identify high-risk geographies, branches, and lending segments.
• Ensure adherence to the bank's internal credit policies and applicable RBI regulatory guidelines.
• Support the development of risk mitigation strategies, early warning indicators, and credit monitoring mechanisms.
• Prepare periodic credit risk reports and present key findings to senior management.

Desired Candidate Profile

• Experience in credit risk management within microfinance, NBFCs, or Small Finance Banks.
• Strong understanding of JLG lending models, group-based lending, and rural lending practices.
• Hands-on experience in credit underwriting, portfolio monitoring, credit policy, and delinquency analysis.
• Knowledge of PAR, collection efficiency, vintage analysis, roll rates, and portfolio quality metrics.
• Strong analytical, problem-solving, and stakeholder management skills.
• Proficiency in MS Excel and data analysis; experience with risk analytics tools is an advantage.

Preferred Industry Background

Utkarsh Small Finance Bank, other Small Finance Banks, microfinance NBFCs, and lending institutions with a significant JLG portfolio.