4+ Underwriting Jobs in Mumbai | Underwriting Job openings in Mumbai

Job Title: National Credit Head and Independent Director

Location: Mumbai

Experience: 15–20 Years in banking or NBFCs,

Role Overview:

We are seeking a seasoned banking professional with deep expertise in credit underwriting and risk management to join our board as an independent director. The ideal candidate will bring strong governance capabilities, regulatory understanding, and the ability to provide independent oversight on credit strategy and risk practices.

Key Responsibilities:

• Provide independent oversight on credit risk, underwriting policies, and lending frameworks

• The person will be responsible for credit and underwriting functions, as well as overseeing the collections and recovery team

• Review and guide credit approval processes, portfolio quality, and risk appetite

• Participate in Board and Committee meetings (Audit Committee, Risk Management Committee, Credit Committee)

• Ensure compliance with applicable regulations and corporate governance norms

• Challenge management decisions constructively to strengthen risk controls

• Advise on credit strategy across retail, SME, or corporate segments

• Provide independent oversight of credit underwriting frameworks, policies, and risk appetite

• Review large credit proposals, sectoral exposures, and concentration risks

• Monitor asset quality, including NPAs, restructuring, and provisioning adequacy

• Evaluate stress scenarios and portfolio resilience across economic cycles.

Eligibility Criteria:

• Registered Independent Director with the Indian Institute of Corporate Affairs (IICA)

• 15+ years of experience in banking, NBFCs, or financial services

• Strong background in credit underwriting, risk assessment, and portfolio management

• Prior experience in senior roles such as Chief Credit Officer, Risk Head, or similar

• Familiarity with RBI regulations and compliance frameworks

• The individual should clear the independent director examination.

• The individual should have a sound knowledge of tech and should be able to guide the tech team.

Preferred Qualifications:

• Experience serving on boards or committees of financial institutions

• Expertise in specific lending domains (e.g., retail, MSME, structured finance)

• Professional qualifications such as CA, CFA, MBA (Finance), or equivalent

Key Skills:

• Financial analysis and credit appraisal

• Risk governance and regulatory compliance

• Strategic thinking and independent judgment

• Strong communication and board-level presence

Regards,

Radhika Sharma

HR manager

Estabizz Fintech Private Limited

We are looking for credit analysts who can help them perform threshold analysis and impact calculations to streamline their credit underwriting process. Hence, they are looking for people who have experience in doing similar or related work. Since this is an urgent requirement, your quick help is requested in filling this role.

Attaching sample profile as well.

Manager and SM - 25-50LPA

Skills: Credit analyst + SAS

Goot to have: Credit underwriting, EWS (Early warning signal),EBC regulations, IFRS9.

Level: SM or M ( 4+ years)

NP: Max 30 days.

Budget: max 45 LPA.

Loc: Pan India

Responsibilities:

• Credit Underwriting, credit appraisal process
• EWS analysis, IFRS9 staging, credit analysis, threshold analysis
• Querying and coding in SAS and SQL
• ECB regulations

Company Description

Apollo Finvest is a publicly listed Non-Banking Financial Company (NBFC). Think of us as AWS for Lending. We enable any company to offer fully digital and compliant digital loan products to their end customers. Built on modern Restful APIs, we treat the financial services on our platform as building blocks, which our partners can mix and match to create loan products specifically tailored to their business model. 

Key Responsibilities

- Working closely with the Credit, Business, and Compliance team to manage and mitigate risk exposure.

- Monitoring of loan accounts, checking loan documents & timely preparing various MIS reports.

- Streamline operational processes to enhance efficiency.

- Ensure completeness of documentation in accordance with approved terms and conditions.

- Develop Risk and Operational strategy for line management, collections, underwriting, pricing etc.

- Assist COO and Credit team with operational and financial data analysis to establish early warning signals for risk exposure across lending products.

- Complying with RBI/Regulatory guidelines and establishing processes to safeguard risk exposure

Minimum Requirements

- Proven experience of minimum 5 years in progressively responsible risk and/or operations roles within the NBFC sector

- Has experience with scaling and managing lending products

- Attitude to work at lightning fast speed

- Background of underwriting, credit sanctioning, or credit policy drafting would be given a strong preference

- The candidate must be exceptional in people management, communication, and presentation skills.

- A proven track record of managing partners and engaging in solution selling would be preferred

- Highly organized and efficient, with the ability to multitask and meet tight deadlines

A strong work ethic and a result-oriented approach

*The CTC range exceeds to what is shown in the job description*