Assistant Manager – Business Loans Underwriting – Chennai
Job Description
Summary
Join Bajaj Finance Ltd. as an Assistant Manager – Business Loans (Underwriting) in Chennai, and play a critical role in evaluating credit risk, ensuring compliance, and supporting business loan operations. This role is ideal for finance professionals with 2–3 years of experience in loan underwriting, credit analysis, or financial risk assessment. You will handle credit appraisals, evaluate lending risks, and contribute directly to business growth through quality decision-making in the Business Loans and Doctor Loans verticals.
Job Details at a Glance
| Job Title | Assistant Manager – Business Loans – Underwriting |
|---|---|
| Location | Chennai – Anna Salai, Tamil Nadu, India |
| Department | Business Loans – Indirect – Underwriting |
| Company | Bajaj Finance Ltd. |
| Experience Required | 2 – 3 years |
| Educational Qualification | CA or MBA (Finance) |
| Job Type | Full-time |
| Job Level | GB02 (Mid-level – Assistant Manager) |
| Shift | Day Shift |
| Posting Date | 12 August 2025 |
| Application Deadline | 12 August 2026 |
Key Responsibilities
📌 Credit Underwriting & Evaluation
- Conduct credit appraisals for Business Loans and Doctor Loans.
- Assess borrower financials, analyze repayment capacity, and ensure creditworthiness.
- Maintain alignment with company credit policies and authority matrix guidelines.
📈 Policy Implementation & Risk Control
- Implement credit policy at the branch level and ensure strict adherence.
- Continuously evaluate market conditions and provide policy feedback.
- Monitor and minimize loan delinquency.
📊 Reporting & Analytics
- Submit monthly reports including login, approval, disbursal, rejection, and deviation metrics.
- Ensure accurate reporting of underwriting data in the prescribed format.
🔍 Market Research & Strategy
- Provide insights for new product development based on market feedback.
- Track competitor underwriting trends and recommend updates to existing processes.
Required Skills
- Strong knowledge of business loan underwriting and credit risk assessment
- Financial statement analysis and cash flow evaluation
- Understanding of compliance, regulatory, and credit policy frameworks
- Excellent decision-making and problem-solving ability
- Attention to detail with high data accuracy
- Proficiency in MS Excel and underwriting tools
- Ability to work independently and within cross-functional teams
Qualifications
- Educational Background: Chartered Accountant (CA) or MBA in Finance
- Experience: 2 to 3 years in business loan underwriting, credit appraisal, or financial services
- Strong integrity, ethical behavior, and a results-oriented mindset
Why Join Bajaj Finance Ltd.?
- Be part of India’s leading NBFC with a strong portfolio in business lending
- Opportunity to work in a fast-paced, compliance-driven environment
- Structured career path with continuous learning and growth
- Culture rooted in ownership, accountability, and performance
Apply Now
📢 Are you ready to underwrite your next big career move?
Take your finance career to the next level by applying for the Assistant Manager – Business Loans Underwriting role in Chennai.