Underwriter - Ahmedabad


Ahmedabad, IN
  • Job Type: Full-Time
  • Function: Accounting/Finance
  • Post Date: 06/09/2021
  • Website: www.ofbusiness.com
  • Company Address:

About OfBusiness

OfBusiness is a new age fintech start up, and is technologically driven to provide smart financing to SMEs.

Job Description

Roles and Responsibilities
  • Taking care of cases when they move to underwriting after credit processing.
  • Conducting tele PDs.
  • Be responsible for Quantitative & Qualitative Analysis of the case.
  • Quantitative Analysis includes:
  • i) Financial Analysis: credit worthiness of the client, past trends, net worth, etc.
  • ii)Banking Analysis: who all are the anchors, who are the suppliers, EMIs analysis, if any EMIs have bounced, if any loans have been disbursed within the last 6 months, etc.
  • iii) Statutory Analysis: check if the returns have been filed, GST has been filed, if any tax payable is there, check liquidity crunch, etc.
  • Qualitative Analysis: Discuss the issues which cropped up during the Quantitative Analysis and come to know the bigger picture.
  • Legal Analysis: check if any complaints have been filed against the client, etc.
  • Also, the checks are not limited to only this. He/she will do everything to find out if it is safe to give money as an unsecured loan to the client. For eg, standing infront of the shop to check if he's actually getting the amount of customers he claims he gets, etc.
  • Meeting customer personally to evaluate the business, internal/ External reference check, FCU / RCU check
  • Underwriting the cases / Customer based on the laid-out policy. Recommending / decision (Approve / Reject) the cases based on merit.
  • Including but not limited to work closely with sales team / Channel partners / cross-sell team to support them in a right manner which facilitates the growth of business and achievements of co-goals and targets
  • Working closing with and coordinating with operations team for the smooth disbursement of approved cases.
  • Portfolio analysis by mitigating the risk and then sanctioning the loan.
  • Suggesting/initiating policy changes bases on portfolio analysis.

Role:Credit/Control Manager

Salary: Not Disclosed by Recruiter


Functional Area:Accounts, Finance, Tax, Company Secretary, Audit

Role Category:Finance/Audit

Employment Type:Full Time, Permanent


UG:Any Graduate in Any Specialization


Doctorate:Doctorate Not Required

Company Profile


OfBusiness (OFB Tech Private Limited), parent company of OXYZO Financial Services Pvt. Ltd., OfCons Projects & Services Pvt. Ltd. and O'AgriFarm Pvt. Ltd., is a new age FinTech company that is technologically driven to provide smart financing and adds value to SMEs business through raw material fulfillment.
It is co-founded by several professionals with high academic and professional pedigree. The co-founders hail from IIT, ISB with collective work experience across McKinsey, Royal Bank of Scotland, ITC, and Snapdeal amongst others.

It is supported by big Investors like Matrix Partners, Creation Investments, Falcon Edge, Norwest Venture Partners etc. and banking partners like HDFC, Kotak Mahindra, ICICI Bank, IDFC and a few more.
To know more about the company, please visit ‘About Us’ section on our website.

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Disclaimer: Local Candidates Only
This company does NOT accept candidates from outside recruiting firms. Agency contacts are not welcome.