NATIONAL CREDIT HEAD

Muthoot

6 - 20 years

Chennai

Posted: 27/06/2025

Job Description

Job Description

 

A

  Job Specification

1

Company Name

:

Muthoot Fincorp Limited

2

Position / Designation

:

National Credit Head – Secured & Unsecured Lending Business

3

Grade

:

DVP II

4

Employment Type

:

All Employment Type

5

Reporting to – 

Designation & Grade

:

Business Head – Secured & Unsecured Lending Business 

6

No. of Reportees,

Designation & Grade

:


 

7

 

Main Tasks & Areas of Responsibility

:

  • Formulation of Underwriting Policies, Process & Programs, infrastructure, development, and deployment of underwriting models benchmarked to Competition with an edge.
  • Management & Maintenance of the quality of the Credit Portfolio from Origination to Collections
  • End to End Accountability at the Pre-sanction phase of the loan, and part of the loan life cycle post disbursement in case of delinquency.
  • Prepare Risk & Credit Decks on Monthly basis.
  • Highly Specialized role – By nature of Interactions with Key Stakeholders by striking a balance between Quality & Growth of the Portfolio.
  • Develop and maintain credit risk strategy and policy by continuous analysis of business and collection trends, risk assessment & mitigation thereof.
  • To be a Business Enabler.
  • Aim to optimize Credit Risk management to facilitate the business expansion plans.
  • Liaison with Product Head to contribute to the design of new products and advise on roll out of other products
  • To be Technologically savvy to employ tools such as Automation & Digitization to increase process efficiency
  • Conduct detailed analysis of delinquencies and recommend changes to the product teams
  • Ensure the successful adoption of internal compliances, regulatory framework across the business.
  • Coordinate with internal audit and regulatory audit regarding their various requirements.
  • Collaborate with Collections to drive down the net credit loss & delinquency metrics.
  • Review and approve credit proposals given.
  • Responsible for ensuring sound understanding of credit policy across all relevant levels.
  • Product knowledge at market level and market segmentation is necessary. 
  • Guidance to SME teams at Central, Zone and States.

 

8

Skills and Exposure

:

  1. Leadership Skills 
  2. Strategic Planning
  3. Analytical Ability
  4. Credit Underwriting
  5. Policy & Product implementation
  6. Training & Mentoring
  7. Attract and retain best in class talent for key roles.
  8. Drive Cooperation with the credit, technology, analytics, business and risk teams to ensure smooth functioning of business
  9. Partner with Product & Policy team to bring out innovative products & to take inputs from Collections team to heal the portfolio by tweaking the policies for new sourcing.

9

Special Requirements (If any)

:

Experience in handling a similar role in a NBFC/HFC at National role handling Micro LAP, LAP and Secured lending.

10

Job Location / State

:

Chennai

11

Compensation Band

:

As per policy

12

Entitlements

:

As per policy

13

Stake Holders

:

Internal – CMD, CHRO, Other HODs, Subordinates withing Departments,

External – Vendors, External Auditors, Regulatory authorities, Merchant Bankers, Investors, Credit Bureaus, and Rating Agencies.

 

B

 

15

Educational Qualification / Technical Certification

:

CA, MBA (Finance)

16

Skill Sets

:

 

17

Communication Skills

:

Good oral, written and presentation skills

18

Experience

:

15+ years of overall experience 

19

Behavioral Competencies

:

Uncompromising ethical standards and discipline expected

20

Other Requirements (If any)

:

-

About Company

Muthoot Finance Ltd. is India’s largest Non-Banking Financial Company (NBFC) specializing in gold loans. Headquartered in Kochi, Kerala, the company offers a wide range of financial services including personal loans, insurance, money transfer, forex, and microfinance. Its core business is providing instant loans against gold jewellery, primarily serving the unbanked and underserved population across urban and rural India. With over 6,000 branches and a strong presence in international markets like the UAE, USA, and UK, Muthoot Finance is known for its deep-rooted trust, operational scale, and strong commitment to financial inclusion. The company is publicly listed and regulated by the Reserve Bank of India.

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