6 Loan Verification Jobs

Core Responsibilities : Responsible for personal discussion of cases as per the laid down policies & procedures and maintain strict adherence to quality. Adhere to agreed SLAs and timelines in completing the activities assigned. A skill set of underwriting, disbursements, collateral, coordination with cross-function sales operation function. Responsible for protecting company assets through proper evaluation of all credit requests, establishing credit limits and ensuring that all loans granted are adequately documented and secured by the appropriate collateral. Ensure proper communication of credit decisions to Stakeholders. Responsible for improving underwriting efficiencies while ensuring adequate risk management. Responsible for Loan Account Verification, Cross Verification (Member House Visit), KYC Check, Bank Passbook and other Document Check, Income and Expense Assessment, Check on Influence of Middleman, Negative Area Check, CPC Checklist Verification, Loan Card Check of other Lending Institutions, Bucket Monitoring, Death Case Verification, Branch Compliances and ICQ Observation Closure.

Role Responsibilities: Conduct personal discussions and verify loan accounts per policy and procedures. Perform field checks, KYC reviews, and ensure documentation accuracy. Coordinate with cross-functional teams for underwriting and disbursement tasks. Ensure timely closure of compliance observations and internal control queries. Job Requirements: Graduate or Postgraduate in any discipline. 24 years of experience in retail credit, microfinance, or financial sales operations. Strong understanding of loan processing, verification, and risk evaluation. Ability to meet SLAs while maintaining quality and regulatory standards.

Responsible for personal discussion of cases as per the laid down policies & procedures and maintain strict adherence to quality. Adhere to agreed SLAs and timelines in completing the activities assigned. A skill set of underwriting, disbursements, collateral, coordination with cross-function sales operation function. Responsible for protecting company assets through proper evaluation of all credit requests, establishing credit limits, and ensuring that all loans granted are adequately documented and secured by the appropriate collateral. Ensure proper communication of credit decisions to stakeholders. Responsible for improving underwriting efficiencies while ensuring adequate risk management. Responsible for Loan Account Verification, Cross Verification (Member House Visit), KYC Check, Bank Passbook and other Document Check, Income and Expense Assessment, Check on Influence of Middleman, Negative Area Check, CPC Checklist Verification, Loan Card Check of other Lending Institutions, Bucket Monitoring, Death Case Verification, Branch Compliances and ICQ

Willing to travel to branches. (1) Physical verification of Gold Packets, Cash including Vault Cash and Foreign Currency as to its correctness with the system records. (2) Checking of ornaments as to its quantity, weight, quality and purity taken for pledge during the current gold inspection period. (3) Checking of greater than 5 months gold packets as to its quantity, weight, quality and purity for which gold inspections were done earlier. (4) Verification of Gold Loan pledge/release documents and reporting of anomalies if any observed. (5) Verifying whether the ornaments pledged under all schemes are solid ornaments and LP/SP ornaments are not accepted for pledge under any schemes. (6) Verification and reporting of any overdue gold loans, Low Purity and Spurious accounts are re-pledged or re-pledged under higher rate. (7) Verification of Documents and ornaments/coins for Swarnavarsham/Shwethavarsham Loans disbursed. (8) Verification of all Gold Loan related products/Packets, MSME Packets, Mahilamitra Loan Packets and Chitty Security Packets etc. (9) Conducting Handing over/Taking over of branch as and when required by the Management and sending reports of the same to BAI Dept. (10) Purity Index updation in the system (11) Verification and sealing of auction related packets. (12) Participating in the Gold Auction conducted in various branches as per the instruction from the Department Head (13) Conducting Special Inspection in Selected branches along with Internal Auditors as per instruction from HO Audit. (14) Verification of Bulk Pledge Packets, Balance Transfer Pledges, Doubtful Pledges as per the instruction from HOD. (15) Other Key activities instructed by the Management on Demand.

As an individual contributing to the RCU team, you will play a crucial role in driving initiatives and controls to ensure the integrity of processes. Your primary responsibilities will revolve around fraud identification, prevention, and investigation to safeguard the organization against potential risks. You will be tasked with verifying loan documents through designated agencies to mitigate the risk of fraudulent activities at the entry level. It will be essential to maintain sampling effectiveness to detect and prevent application fraud effectively. Additionally, you will conduct background and profile checks on customers and various agencies using market intelligence and feedback mechanisms. In the event of fraud incidents, you will be responsible for conducting thorough investigations to identify the root cause and implement corrective actions. Developing and enforcing policies to deter fraud and recover any losses incurred by the organization will be a key part of your role. On an ongoing basis, you will oversee fraud prevention and control measures post-approval. This includes conducting pre-appointment reference and profile checks on all staff and executives to maintain a secure working environment. You will also coordinate location-specific audits as per standard operating procedures, ensuring cross-verification and audits across different locations. Regular audits at various agencies involved in sales, processing, verification, and valuation processes will be conducted under your supervision to ensure adherence to established protocols. Your attention to detail, analytical skills, and commitment to upholding ethical standards will be instrumental in maintaining a robust control environment within the organization.,

Verifying loan applications, checking the accuracy and completeness of KYC documents, and reviewing bank statements to ensure compliance with policies and regulatory requirements.