Loan Executive

JOB DESCRIPTION

CREDIT EXECUTIVE

Candidate job profile involves assessing and managing creditworthiness to minimize risk for our society. They review loan applications, analyze financial data, and make decisions on approvals and terms, while also ensuring compliance with lending regulations. This role requires strong analytical and communication skills, as well as a deep understanding of financial principles and risk management.

• ROLES & RESPONSIBILITIES-

Monitoring the lending activities of the society and ensuring that all the loan process operate within the right credit risk

• Developing advanced analytics and modelling of credit and retailer risk strategy and policies
• Ensuring that advanced analytics are compliant with the set policies and regulations.
• Producing reports that are accurate, insightful and relevant to society.
• Managing specifications, implementations and testing of loan strategy changes
• Supporting a loan process to perform better credit life cycle and risk analysis
• Working with loan hypothesis and a backend team to enhance the capabilities of a business
• Reviewing and assessing the financial activities of a borrower to find out their credit risks.

· evaluating clients' financial information and calculating risk ratios.

· To ensure that the assessment and disbursement of the proposal is in line with society guidelines/manual.

· To ensure to maintain TAT for all the advances by continuously monitoring the overall progress of the proposal.

· To maintain records of loan applications and monitor payments.

· Responsible for loan processing and loan monitoring.

DESIRED CANDIDATE PROFILE

Must be a graduate from Commerce/BAF/BBI
Relevant work experience of Credit Officer.Proficiency in computer applications with Excellent MS Excel Skills

Job Types: Full-time, Permanent

Pay: ₹18,000.00 - ₹22,000.00 per month

Benefits:

• Leave encashment
• Paid time off
• Provident Fund

Work Location: In person