Job Description

Location: Pune/Nashik/Ahmednagar/Solapur Key Criteria Minimum Qualification: Graduate The candidate must have completed at least a bachelors degree from a recognized institution. While specific disciplines arent mentioned, degrees in finance, accounting, or business administration may be preferred. Experience: The role requires a minimum of 5 years of experience in underwriting unsecured microfinance loan products. Unsecured microfinance loans: These are loans provided to individuals or small businesses without requiring collateral, typically aimed at improving financial access for underserved populations. Loan size up to 10 Lakhs: The candidate should be skilled at evaluating and approving loans within this range, indicating familiarity with this financial product type and scale. The emphasis on experience shows that this role is mid to senior level, focusing on candidates who have developed the judgment needed to handle risk assessments effectively. Loan Underwriting: Assessing the creditworthiness of borrowers seeking unsecured microfinance loans up to 10 Lakhs. Using analysis methods such as reviewing financial statements, repayment capacity, credit history, or alternative data points. Risk Evaluation and Approval: Balancing risk while ensuring that loans meet the organizations guidelines and business goals. Collaboration with MFIs/SFBs: Interacting or coordinating with partnered microfinance institutions or SFBs for operational efficiencies, onboarding processes, or credit product insights. Market Understanding: A deep understanding of the target demographics, loan structures, repayment patterns, and credit risk prevalent in the microfinance sector.

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