Branch Credit Executive Varashakti Housing Finance

2.0 - 4.0 years

1 - 4 Lacs

amalapuram, west godavari, kakinada

Work from Office

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: 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. 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. 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. 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. 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. 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

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