Credit Processing Associate

Job Title: Credit Processing Associate (CPA)

Department: Operations

Location: Hoshiarpur, Punjab

Job Summary

The Credit Processing Associate is responsible for handling end-to-end processing of LAP files — from login and credit report initiation to disbursal and post-disbursal documentation. The role requires accuracy, compliance, and coordination with internal teams to ensure smooth loan processing within defined TATs.

Key Responsibilities

1. LAP File Login

• Receive and log LAP files into the system.
• Verify completeness of required documentation before login.
• Maintain accurate physical and digital file records.

2. Credit Report Initiation

• Initiate and obtain credit bureau reports (CIBIL).
• Review reports and escalate any discrepancies.
• Coordinate with the credit team for evaluation.

3. LAP File Disbursal

• Process files for disbursal in line with approval terms.
• Liaise with finance/operations for fund release.
• Ensure all pre-disbursal conditions are met.

4. Post-Disbursal Data Preparation

• Prepare and maintain post-disbursal documentation and MIS reports.
• Archive records in compliance with company and regulatory guidelines.
• Assist in audits and internal compliance checks.

5. Compliance & Process Adherence

• Follow company policies and regulatory requirements in all processes.
• Ensure adherence to defined turnaround times (TATs) for each stage.

Required Skills & Qualifications

• Graduate in Commerce, Finance, or related discipline.
• 1–3 years’ experience in loan processing/credit operations (LAP experience preferred).
• Knowledge of loan documentation, credit reports, and banking processes.
• Proficiency in MS Office (Excel, Word, Outlook).
• Strong attention to detail and accuracy.
• Good communication and coordination skills.

Job Type: Full-time

Pay: ₹18,000.00 - ₹25,000.00 per month

Benefits:

• Provident Fund

Work Location: In person