Credit Risk Assessment (CRA)

Job Description – Credit Risk Assessment (CRA)

Experience: 4–5 Years

Location: Mumbai (or as applicable)

Reporting To: Head – Credit / Finance

Employment Type: Full-time

ROLE OBJECTIVE

We are looking for a Credit Risk Assessment professional with prior experience in NBFCs or Banks to build and run a robust underwriting framework for B2B customers. The role will focus on evaluating creditworthiness, setting approval norms, managing risk exposure, and reducing defaults, while supporting business growth.

KEY RESPONSIBILITIES

1. Credit Underwriting & Risk Assessment

• Evaluate credit applications of B2B customers using financials, bank statements, GST data, bureau reports, and business profiles  

• Perform customer risk grading (Low / Medium / High risk) using structured scoring models  

• Assess cash flows, repayment capacity, leverage, and operating stability of customers  

• Recommend approval, rejection, or conditional approval with clear justification  

2. Policy & Framework Development

• Design and continuously improve Credit Risk Assessment (CRA) framework  

• Define credit limits, security deposit norms, tenure, and exposure caps  

• Build risk underwriting checklists and approval matrices  

• Align risk policies with business expansion while maintaining portfolio quality  

3. Portfolio Monitoring & Early Warning

• Track payment behaviour, delinquencies, and default trends  

• Set up early warning indicators (EWI) and risk escalation triggers  

• Support recovery and collections teams with risk insights  

• Recommend corrective actions for deteriorating accounts  

4. Cross-Functional Collaboration

• Work closely with Sales, Operations, Finance, and Collections teams  

• Enable sales teams with clear credit guidelines  

• Participate in credit committee reviews  

5. MIS & Reporting

• Create credit MIS dashboards  

• Analyse trends to improve underwriting accuracy  

• Support audits and compliance requirements  

KEY SKILLS & COMPETENCIES

• Strong understanding of credit risk and underwriting  

• Experience with bureau reports (CIBIL, Experian, etc.)  

• Financial statement analysis capability  

• Experience in B2B / SME / MSME credit preferred  

• Strong judgement and attention to detail  

• Advanced Excel and MIS skills   

PREFERRED BACKGROUND

• 4–5 years in NBFC / Bank / Fintech / Asset Finance  

• Prior experience in Credit Risk or Underwriting roles  

• Exposure to leasing or subscription models is a plus  

EDUCATIONAL QUALIFICATION

• CA / MBA (Finance) / CFA or equivalent  

• Certifications in credit risk preferred  

WHAT WE OFFER

• Opportunity to build and scale the credit risk function  

• High ownership and leadership visibility  

• Exposure to innovative B2B business models  

• Fast-growing organisation with strong learning potential