Job Title

ROLE SUMMARY The Head -Credit will be the strategic leader responsible for overseeing the credit risk management framework across multiple verticals of the NBFC. With an AUM of ₹1,00,000 crore, the Head Credit will ensure robust credit policies, portfolio diversification, and risk mitigation strategies to safeguard asset quality while enabling sustainable growth. This role is essentially the guardian of asset quality and the architect of credit growth strategy in a high-scale NBFC.KEY RESPONSIBILITIES Credit Strategy & Policy ▪ Develop and implement enterprise-wide credit risk policies aligned with regulatory guidelines (RBI, SEBI, etc.). ▪ Establish sector-specific credit frameworks for diverse verticals (Retail, SME, Corporate, Infrastructure, Housing Finance, Vehicle Finance, etc.).▪ Oversee underwriting standards, scorecards, rating models, and collateral valuation frameworks ▪ Drive innovation in credit assessment models, leveraging data analytics, AI/ML, and alternative credit scoring.▪ Ensure disciplined credit appraisal, sanctioning, and documentation processesPortfolio Quality & Risk Monitoring ▪ Monitor portfolio quality across verticals, ensuring NPA levels remain within acceptable thresholds.▪ Design early warning systems and stress-testing mechanisms for macroeconomic and sectoral risks▪ Oversee credit risk appetite and exposure limits across geographies and business lines.▪ Partner with collections, legal, and recovery teams to improve resolution outcomesLeadership & Governance▪ Lead a team of credit risk professionals across verticals, fostering a culture of accountability and performance.▪ Collaborate with the Board, Audit Committee, and Risk Committee to present credit risk reports and portfolio insights.▪ Ensure compliance with internal controls, regulatory requirements, and external auditsOperational Excellence ▪ Streamline credit approval processes to balance speed with risk prudence.▪ Implement digital credit platforms for faster decision-making and improved customer experience.▪ Drive automation in underwriting, monitoring, and collections Stakeholder Management▪ Work closely with business heads to align credit policies with growth objectives.▪ Engage with regulators, rating agencies, and investors to build confidence in the NBFC’s credit practices.▪ Represent the NBFC in industry forums and policy discussions on credit risk.KEY INTERACTIONS Internal Stakeholders External Stakeholders ▪ Board of Directors and Board Committees (Risk Management Committee, Audit Committee)▪ CEO / Executive Leadership Team▪ Business Heads – Retail, SME, Corporate, Infrastructure, Housing Finance, Vehicle Finance▪ Risk Management, Compliance, Legal, and Internal Audit▪ Collections, Recovery, and Operations Teams▪ Finance, Treasury, and ALM▪ IT, Digital, Analytics, and Data Science Teams▪ People & Culture for capability building and talent management▪ Reserve Bank of India (RBI), NHB, and other regulators▪ Statutory Auditors, Internal Auditors, Concurrent Auditors▪ Credit Rating Agencies▪ Banks, Financial Institutions, and Lenders▪ Investors and Trustees (where applicable)▪ Valuers, Legal Counsel, and External Risk Consultants▪ Technology and Analytics Partners KEY ROLE DIMENSIONS ▪ Enterprise Scope: Pan-India responsibility across multiple lending verticals and customer segments ▪ Portfolio Complexity: Secured and unsecured products, short- and long-tenure loans, retail to large-ticket exposures▪ Decision Authority: Credit policy ownership, approval authority as per delegated powers, final escalation authorityKEY SKILLS & BEHAVIOURAL ATTRIBUTES ▪ Strategic thinking with ability to balance growth and risk.▪ Deep expertise in credit underwriting, portfolio management, and risk analytics.▪ Strong leadership, communication, and stakeholder management skills.▪ Tech-savvy with exposure to digital lending, fintech partnerships, and advanced risk modeling.▪ Behavioral Attributes- Driven and in alignment with our Purpose “Transforming the life of the common man by improving their financial well-being” and anchored by our core value of integrity, collaboration, and excellence.EDUCATION / EXPERIENCE ▪ Education: CA/MBA/FRM/CFA or equivalent in Finance, Risk Management, or related fields.▪ Experience: 15+ years in credit risk management, with at least 5 years in a leadership role in a large NBFC/Bank.▪ Proven track record of managing multi-vertical credit portfolios exceeding ₹50,000 crore.▪ Strong understanding of regulatory frameworks, capital adequacy norms, and risk-based pricing