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Risk Manager - Unsecured Business Lending Products
Kotak Mahindra Bank · Mumbai · 7–12 yrs
Get prepared for this role with role-specific interview questions, key concepts, skills you should know, and practical scenarios.
Apply for this Job ↗About the Role
Risk Manager position focused on Unsecured Business Lending at Kotak Mahindra Bank, requiring 7-12 years of experience, with salary not disclosed.
What You Should Know
- •FOIR (Fixed Obligation to Income Ratio) and how it caps loan eligibility
- •LTV (Loan-to-Value) ratio for secured loans like mortgages, vehicle and gold loans
- •Credit bureau score (CIBIL etc.) and how underwriters use it alongside the full bureau report
- •NPA classification stages - SMA-0/1/2, then NPA after 90 days overdue
- •Documentation for secured loans: income proof, KYC, collateral valuation, legal & technical verification
Interview Questions
- 1.Walk me through how you'd underwrite a self-employed applicant with irregular income.
- 2.What is FOIR and how would you calculate it for a salaried applicant?
- 3.How does LTV differ between a home loan and a gold loan, and why?
- 4.What red flags would make you decline or refer a loan application for further review?
- 5.How do you balance disbursal-speed targets against credit quality?
- 6.How do you manage a team through a target miss without it becoming a blame exercise?
Scenario-Based Questions
- 1.An applicant's bureau score is borderline (650) but they have a strong banking relationship and stable income. How do you decide?
- 2.You spot a discrepancy between the income stated on the application and the bank statement. What's your next step?
- 3.A branch is pushing you to approve a loan faster than your standard TAT because the customer is considering a competitor. How do you respond?
Interview Tips
- •Be fluent in the loan lifecycle end-to-end: sourcing -> login -> underwriting -> sanction -> disbursal -> servicing.
- •Know the difference between policy-based (rule engine) and judgment-based underwriting, and where each applies.
- •If it's a fintech/NBFC role, expect questions on alternate data (UPI transaction history, utility bills) used for thin-file customers.
- •Expect at least one people-management question (a target miss, a difficult team member, cross-functional conflict) - have a real example ready.
Ready to take the next step?
Risk Manager - Unsecured Business Lending Products at Kotak Mahindra Bank