Branch Credit Executive

The Business Credit Executive will be responsible for evaluating and approving loan applications for home loans and other financial products within a Non-Banking Financial Company (NBFC). The role involves assessing creditworthiness, analyzing financial data, and ensuring compliance with company policies and regulatory requirements.

Key Responsibilities:

1. Credit Evaluation:

• Assess and evaluate loan applications based on company policies and guidelines.
• Analyze applicants' financial status, creditworthiness, and risk profiles.
• Review credit reports, financial statements, and other relevant documents.

2. Risk Analysis:

• Conduct detailed risk assessments to determine the potential for default.
• Evaluate collateral and ensure its adequacy to cover the loan amount.
• Recommend appropriate loan amounts and terms based on risk assessment.

3. Loan Approval:

• Make informed decisions on loan approvals or rejections.
• Ensure timely processing and disbursement of approved loans.
• Communicate decisions to applicants and provide necessary explanations for rejections.

4. Compliance:

• Ensure all credit activities comply with regulatory requirements and internal policies.
• Maintain accurate and up-to-date records of all credit transactions.
• Conduct periodic reviews of the loan portfolio to ensure compliance and identify potential issues.

5. Customer Interaction:

• Interact with customers to gather necessary information and clarify doubts.
• Provide guidance and support to customers throughout the loan application process.
• Address customer complaints and resolve issues related to credit decisions.

6. Reporting and Analysis:

• Prepare and present regular reports on loan approvals, rejections, and portfolio performance.
• Analyze trends and provide insights to senior management for decision-making.
• Monitor market conditions and competitor activities to identify potential risks and opportunities.

Qualifications and Skills:

• Bachelors degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 3-5 years of experience in credit analysis or a related role within the NBFC or banking industry.
• Strong understanding of credit policies, risk assessment, and financial analysis.
• Proficiency in using credit evaluation tools and software.
• Excellent analytical, decision-making, and problem-solving skills.
• Good communication and interpersonal skills.
• Attention to detail and ability to work under pressure.

Additional Requirements:

• Knowledge of regulatory requirements and industry best practices.
• Familiarity with home loan products and services.
• Ability to work independently and as part of a team.
• Willingness to stay updated with industry trends and developments.

Working Conditions:

• Full-time position, typically in an office environment.
• Occasional travel may be required for customer visits or training