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Credit Manager-FI Risk at IDFC FIRST Bank — Mumbai

Experience10+ yrs
SalaryNot disclosed
Work modeonsite
Levelmanager
Posted18 Sept 2026

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About IDFC FIRST Bank

IDFC FIRST Bank is hiring in Mumbai in financial services. This role looks for around 10+ years of experience.

The role

Manager-level Credit Manager – FI Risk role at IDFC FIRST Bank (wholesale banking risk). Manages the bank’s lending process by evaluating client creditworthiness, approving or rejecting loan requests, setting loan terms and interest rates, and conducting asset quality and portfolio performance reviews, including building and maintaining credit scoring models and credit policies. Skills include credit risk management, credit evaluation, scoring models, lending processes, credit policy frameworks, credit systems and data analysis tools, and regulatory compliance. Based in Mumbai, Maharashtra, India, working onsite.

Full job description

Job Requirements

About the Role

The Credit Manager – FI Risk is a key position within the Wholesale Banking Risk function, based in Mumbai. The role involves managing the bank’s lending process, including evaluating clients’ creditworthiness, approving or rejecting loan requests, and determining loan terms and interest rates. The role holder will also be responsible for developing credit scoring models, maintaining credit policy frameworks, and partnering with the credit systems support team to implement key policy criteria in credit evaluation systems.

Key Responsibilities

Primary Responsibilities

Conduct regular asset quality reviews and provide analytical insights to identify risks and opportunities, recommending appropriate actions.Research and evaluate the creditworthiness of clients.Approve or reject loan requests based on credibility, potential revenue, and risk of losses.Calculate and set interest rates; negotiate loan terms with clients.Ensure credit policies and risk acceptance criteria are reviewed and updated regularly to reflect changes in legal/regulatory requirements, business strategies, market conditions, or portfolio performance.Develop, review, and update the bank’s credit policies.Follow up with clients to manage debt settlements and loan renewals.Create and maintain credit scoring models for risk assessment.Ensure adherence to the bank’s credit guidelines.Maintain records of all bank loans; monitor loan payments and manage bad debts.Analyze portfolio performance and ensure effective monitoring, trigger reviews, and delinquency control.Share best practices and knowledge within the team to foster continuous improvement.

Secondary Responsibilities

Recommend improvements to processes and policies across the Retail Banking business to enhance operational efficiency and customer service quality.Collaborate with internal stakeholders to leverage in-house synergies and drive cross-functional initiatives.

What We Are Looking For

Education

Graduate degree or higher in a relevant discipline.Post Graduate MBACA certified but it’s not mandatory

Experience

Minimum 10yrs experience in credit risk management, preferably within wholesale or retail banking.

Skills and Attributes

Strong analytical and decision-making skills.In-depth understanding of credit evaluation, scoring models, and lending processes.Familiarity with regulatory guidelines and compliance requirements.Excellent negotiation and communication skills.Ability to manage and monitor loan portfolios effectively.Proficiency in credit systems and data analysis tools.Leadership capabilities to attract and retain top talent within the team.

Managerial & Leadership Responsibilities

Attract and retain best-in-class talent for key roles within the reporting structure.

Key Success Metric

Portfolio Quality