Job
Description
About Us: Capital Now is India's trusted app-based digital lending platform catering to personal credit facilities. We leverage technology and big data analytics to deliver innovative credit products to salaried Individuals. We are completely digitally driven, and the entire loan application process can be carried out online. We Provide Unsecured loans for up to Rs 1,50,000/- with easy and affordable instalment options. Job Summary: As a Sr. Credit Associate (Loan Manager), you will play a crucial role in the loan verification process. You will be responsible for thoroughly reviewing loan applications, verifying submitted documents, and ensuring the accuracy and authenticity of the information provided by applicants. You will coordinate with various teams to acquire any missing documents and evaluate the creditworthiness of applicants based on thorough profile verification. Your work will directly contribute to the decision-making process regarding loan eligibility. Key Responsibilities: Review and verify loan applications submitted by customers, ensuring that all necessary documents are provided and authentic. Thoroughly check submitted documents such as bank statements, KYC documents, and income proofs for accuracy and authenticity. Ensure compliance with the organizations policies. Evaluate applicant profiles, including employment status, income level, and financial behavior, to assess their creditworthiness. Make recommendations regarding the applicant’s eligibility for a loan. Communicate with internal stakeholders (e.g., the underwriting team, customer support) to gather any missing or incomplete documents from applicants and ensure smooth processing. Flag any inconsistencies or potential fraudulent activities within applications and take appropriate action to mitigate risk. Based on document verification and profile analysis, determine the eligibility of applicants for loan approval or rejection. Ensure decisions are made in line with company policies and credit guidelines. Requirements: Proven experience of 1-3 years in a similar role, preferably as a Loan Manager/Sr. Credit Associate in banks, NBFCs, Fintech, or banking. Strong understanding of loan processing, credit assessment, document verification, and fraud detection. Familiarity with banking and financial regulations, and the ability to apply them effectively in the loan verification process. Excellent attention to detail and the ability to identify discrepancies or fraudulent activities in loan applications. Strong communication and interpersonal skills to effectively interact with internal teams. Ability to work under pressure and meet deadlines in a fast-paced environment while maintaining accuracy and attention to detail. Proficient in CRM Knowledge of credit risk assessment and financial analysis. Preferred Qualifications: Experience in handling unsecured personal loans. Familiarity with digital lending platforms and loan verification systems. Why Capital Now? Be part of a dynamic, fast-growing digital lending platform. Opportunity to make a meaningful impact by helping people access financial resources. Work in a collaborative, inclusive, and diverse work environment. Competitive salary and benefits package. Capital Now is an equal opportunity employer. We are committed to creating an inclusive environment where employees of all backgrounds and identities can thrive. We encourage candidates from diverse backgrounds to apply.
