15 Loan Approval Jobs

As a Loan Manager at our company, your primary role will involve approving and rejecting loans based on our credit policy. You will be responsible for negotiating the terms of the loan with new clients and ensuring that all loans and lending procedures comply with regulations. Additionally, you will be monitoring and ensuring daily branch collection activities are carried out efficiently. Key Responsibilities: - Approve and reject loans based on the company's credit policy - Negotiate loan terms with new clients - Ensure all loans and lending procedures comply with regulations - Monitor and ensure daily branch collection activities Qualifications Required: - Minimum of 3-4 years of managerial experience in MFI - Bachelor's degree preferred - Total work experience of 1 year preferred - Previous management experience of 1 year preferred Please note that the job is located in Chentrapinni and is a full-time position that requires in-person work.,

Role : Credit Manager for Business Loans Responsible for evaluating and managing the creditworthiness of potential business borrowers, assessing risks, and ensuring compliance with company credit policies. They analyze financial information, monitor loan performance, and manage collections, ultimately minimizing financial risk and maximizing profitability for the lending institution. Key Responsibilities: Credit Assessment: Reviewing loan applications, financial statements, credit reports, and other relevant documents to assess a business's creditworthiness. Risk Analysis: Identifying potential risks associated with lending to specific businesses, evaluating their ability to repay loans, and determining appropriate loan terms. Loan Approval: Approving or rejecting loan applications based on creditworthiness and adherence to company policies. Credit Limit Determination: Setting appropriate credit limits for approved loans, ensuring they align with the borrower's financial capacity and risk profile. Interest Rate Determination: Determining interest rates for loans based on factors like credit risk, market conditions, and company policies. Loan Documentation: Ensuring the accuracy and completeness of all loan documentation, including loan agreements, security documents, and other relevant paperwork. Credit Monitoring: Continuously monitoring the performance of existing loans, identifying early warning signs of potential defaults, and taking necessary actions to mitigate risks. Relationship Management: Building and maintaining relationships with internal stakeholders, such as sales and relationship management teams, as well as external stakeholders, such as borrowers and industry professionals. Reporting: Preparing reports on loan performance, risk exposure, and other relevant metrics for management and other stakeholders.

The Manager - Credit Administration will oversee the credit risk assessment and loan approval process, ensuring compliance with lending policies. Responsibilities include evaluating credit applications, preparing reports, and managing credit portfolios. Strong analytical skills, attention to detail, and a deep understanding of credit policies are required for this role.

You will be responsible for researching and evaluating clients" creditworthiness. Your duties will include creating credit scoring models to predict risks, approving or rejecting loan requests based on credibility and potential revenues and losses, calculating and setting interest rates, negotiating loan terms with clients, and maintaining records of loan applications. Additionally, you will be required to follow up with clients to manage debt settlements and loan renewals, ensuring all lending procedures comply with regulations. You will also play a key role in developing, reviewing, and updating our company's credit policies.,

As a Credit Analyst, your primary responsibility will be to research and assess the creditworthiness of clients. You will be tasked with creating credit scoring models to effectively predict risks associated with lending. Based on your analysis, you will have the authority to approve or reject loan requests, taking into account the credibility of the clients and the potential revenues and losses involved. Additionally, you will be in charge of calculating and setting interest rates, as well as negotiating loan terms with clients to ensure a mutually beneficial agreement. It will be essential for you to maintain accurate records of loan applications and follow up with clients to manage debt settlements and loan renewals in a timely manner. Furthermore, you will play a crucial role in ensuring that all lending procedures strictly adhere to regulatory guidelines. Regularly developing, reviewing, and updating the company's credit policies will also be part of your duties to maintain compliance and efficiency in credit operations.,

You will be responsible for researching and evaluating clients" creditworthiness. Your role will involve creating credit scoring models to predict risks and making decisions to approve or reject loan requests based on credibility, potential revenues, and losses. Additionally, you will be tasked with calculating and setting interest rates, negotiating loan terms with clients, and maintaining records of loan applications. It will be part of your job to follow up with clients to manage debt settlements and loan renewals. You will also be required to ensure that all lending procedures comply with regulations and to actively participate in developing, reviewing, and updating our company's credit policies.,

Role & responsibilities Conduct Risk and Fraud Control (RFC) checks across customer onboarding and loan approval processes. Perform RCU Sampling & Screening of Files for pre-sanction and post-sanction cases. Execute Field Investigations for customer verification including profile, residence, office, and mortgage property. Carry out TVR (Tele-verification Reports) with customers to validate application details. Perform PDAV (Post Disbursement Asset Verification) , PDD , and FI Cross Check activities to ensure compliance. Handle SME Loan Against Property (LAP), and Home Loan (HL) customer verifications. Conduct Trigger-Based Document Verification and thorough Customer Profile Checks . Prepare and maintain MIS reports , support Branch Audits , Vendor Audits (RCU Vendors, DSAs, Technical Vendors). Review and process Vendor Bills in compliance with company policy. Prepare Fraud Investigation Reports for internal escalation and closure. Investigate and verify Settlement Cases to prevent and detect potential fraud. Handle Hunter Triggers for lead validation and investigation. Preferred candidate profile Graduate / Postgraduate in any discipline (preferably in Finance / Risk / Commerce). 25 years of relevant experience in Risk Control Unit (RCU), Field Verification, or Credit Risk in NBFCs/Banks. Strong understanding of loan processes, fraud detection techniques, and field investigation. Proficient in using MS Excel for MIS reporting. Excellent communication and coordination skills with internal teams and external vendors. Willingness to travel locally for field investigations.

Role : Credit Manager for Business Loans Responsible for evaluating and managing the creditworthiness of potential business borrowers, assessing risks, and ensuring compliance with company credit policies. They analyze financial information, monitor loan performance, and manage collections, ultimately minimizing financial risk and maximizing profitability for the lending institution. Key Responsibilities: Credit Assessment: Reviewing loan applications, financial statements, credit reports, and other relevant documents to assess a business's creditworthiness. Risk Analysis: Identifying potential risks associated with lending to specific businesses, evaluating their ability to repay loans, and determining appropriate loan terms. Loan Approval: Approving or rejecting loan applications based on creditworthiness and adherence to company policies. Credit Limit Determination: Setting appropriate credit limits for approved loans, ensuring they align with the borrower's financial capacity and risk profile. Interest Rate Determination: Determining interest rates for loans based on factors like credit risk, market conditions, and company policies. Loan Documentation: Ensuring the accuracy and completeness of all loan documentation, including loan agreements, security documents, and other relevant paperwork. Credit Monitoring: Continuously monitoring the performance of existing loans, identifying early warning signs of potential defaults, and taking necessary actions to mitigate risks. Relationship Management: Building and maintaining relationships with internal stakeholders, such as sales and relationship management teams, as well as external stakeholders, such as borrowers and industry professionals. Reporting: Preparing reports on loan performance, risk exposure, and other relevant metrics for management and other stakeholders.

You will be responsible for researching and evaluating clients" creditworthiness to create credit scoring models for predicting risks. Based on credibility, you will need to approve or reject loan requests. Maintaining detailed records of company loans and evaluating potential customers" creditworthiness will also be part of your duties. Your education should include an MBA, B.com, or M.com degree. You will be expected to work on Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, and Sunday from 09:00 to 17:30. As an employee, you will benefit from on-the-job training, office trips, internal career mobility, fast track career growth, personal development plans, employee-friendly policies, certificates of internship, letters of recommendation, health care and insurance, employee discounts, coffee facilities, bereavement leave, apprenticeship programs, performance bonuses, medical insurance, accidental insurance, and strong organizational skills. Your role will require strong organizational skills, knowledge, and abilities to effectively carry out your responsibilities.,

You will be responsible for meeting with clients who are interested in applying for a loan and guiding them through the initial steps of the application process. This will include providing them with all the necessary information they need to proceed. Additionally, you will be tasked with gathering the required financial documentation from clients and evaluating their creditworthiness. Your role will involve calculating and analyzing the risk ratios of clients based on factors such as their credit score and financial history. Based on your assessment, you will be required to either approve or deny loan requests. It will be essential to effectively communicate your decisions to both clients and management in a clear and professional manner. Furthermore, you will be expected to maintain accurate records of loan applications using specialized loan management software. This will help ensure that all relevant information is properly documented and easily accessible. This is a full-time position with a day shift schedule. The ideal candidate should have at least 1 year of relevant work experience. The work location for this role is in person. ,

As a Credit Analyst, your primary responsibility will be to research and assess the creditworthiness of clients. You will be tasked with developing credit scoring models to accurately predict risks associated with loan requests. Based on the credibility and potential revenues and losses, you will be making informed decisions to either approve or reject loan applications. In this role, you will also be responsible for calculating and setting interest rates, as well as negotiating loan terms with clients to ensure mutually beneficial agreements. It will be essential to maintain detailed records of loan applications and follow up with clients to manage debt settlements and loan renewals effectively. Furthermore, you will need to ensure that all lending procedures strictly adhere to regulatory guidelines. Your expertise will be crucial in developing, reviewing, and updating the company's credit policies to align with industry standards and best practices.,

The Credit Manager will be responsible for handling leads received through online digital marketing and conducting research to evaluate clients" creditworthiness based on the provided documents. They will be required to create credit scoring models to assess risks and make informed decisions on approving or rejecting loan requests, considering credibility, potential revenues, and losses. The Credit Manager will also be responsible for calculating and setting interest rates, negotiating loan terms, and maintaining communication with clients. This is a Full-time, Permanent position suitable for Freshers. The benefits include cell phone reimbursement, health insurance, and Provident Fund. The work schedule is during the Day shift with additional Performance and Yearly bonuses. The work location is in person. For further queries, please contact 9266015511.,

Full Job Description Position Summary: The Mortgage underwriting associate evaluate and determine the eligibility of loan applications of residential mortgage (1-4 family) loans. Mortgage underwriting associate role includes but not limited to analyzing and verifying loan applications, review of all 4 Cs, evaluating risks, and making loan eligibility decisions. The incumbent ensures the accurate, efficient, and timely flow of information/documentation for offering quality and efficient services. Responsibilities: Knowledge of mortgage underwriting and Agency automated underwriting systems Demonstrate a full understanding of agency guidelines as well as posted Lender internal guidelines Review all mortgage applications and documentation for accuracy and completeness Review and be able to complete a full analysis of all types of income (Self/Rental/Wage/etc), Assets, Liabilities, Credit and Collateral. Analyze credit, income, and assets on a loan-by-loan basis to properly assess individual risk, and promptly provide underwriting decisions to Mortgage Originators Review property documentation including title commitments, sales contracts, insurance, and flood determinations Maintain a well-developed knowledge of loan product guidelines and industry regulations, including assisting in the prevention, detection, and resolution of mortgage fraud Review and analyze appraisals for value and compliance with industry requirements Demonstrate the ability to independently make sound decisions based on the creditworthiness of the applicants based on established underwriting guidelines, policies, procedures, knowledge, and experience Provide exceptional customer care (both internal and external) in a manner that satisfies the individual needs of each customer and builds loyalty to the client Maintain confidentiality of all customer and employee information Respond positively to feedback and redirection Fully utilize systems, tools, training, and resources provided to maximize potential Assist other departments as needed Meeting daily production. Meeting the daily SLA requirement Meeting the daily Quality requirements Qualifications Education: Bachelors in any stream. Experience: 2+ years increasingly responsible experience in related areas. Knowledge/Skills/Abilities: Experienced mortgage professional with 2-3 years with mortgage underwriting. Has a complete understanding of Conventional, FHA and VA underwriting guidelines. Has working knowledge of real estate lending criteria and federal, state, and agency compliance Can multi-task and manage time efficiently Has strong organizational skills, attention to detail, and basic Microsoft Office skills Good analytical and problem-solving skills. Strong organization and verbal and written communications skills. Highly adaptive and open to changes as the organization grows and its needs evolve. To apply, call Mr Rohan at 9289050049

Job Purpose Duties and Responsibilities 1) Collateral Query resolution (technical and legal) 2) Vendor audit 3) Document vetting 4) Vendor management 5) Deviation approvals 6) Qualitative inputs on collateral 7) Branch visits Required Qualifications and Experience 8. SKILLS AND KNOWLEDGE (Minimum acceptable proficiency for this job which best indicates the education and/or experience requirements of this job and not the incumbent) Educational Qualifications a) Qualifications:- Bachelor of Civil Engineering/Bachelor of Architecture b) Work Experience 3 to 4 years in same industry Skills Minimum Qualification Others

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