Posted By
Posted in
Banking & Finance
Job Code
1442635
Responsibilities:
- Evaluate credit proposals, assessing financial, business, and industrial risks for LAP (Loan Against Property) loans.
- Serve as the authority for field PD (Project Development) and loan sanctioning.
- Verify promoters' track record and assess their creditworthiness.
- Analyze prospective customers' financial statements to determine short-term and long-term solvency and liquidity positions.
- Ensure Bounce Rate and Delinquency metrics meet acceptable standards.
- Monitor and enforce approval rates and Turnaround Time (TAT) as per prescribed standards.
- Monitor monthly Branch audit scores to ensure satisfactory performance.
- Manage vendors effectively to support loan processing and operations.
- Conduct customer meetings to evaluate credit proposals and gather necessary information.
- Track and close Post-Disbursement Documentation (PDD) efficiently.
- Ensure compliance with repayment instrument replenishment to facilitate regular EMI repayments.
Skills Required:
- Strong analytical skills with the ability to evaluate financial statements and assess credit risks.
- Excellent communication skills for conducting customer meetings and liaising with internal and external stakeholders.
- Attention to detail and ability to maintain high standards of accuracy in documentation and compliance.
- Proactive approach to problem-solving and decision-making in a dynamic work environment.
- Knowledge of regulatory requirements and guidelines related to lending practices.
Qualifications:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
- Prior experience in credit evaluation, preferably in LAP or mortgage loans.
- Certification in credit analysis or risk management would be advantageous.
- Proficiency in financial analysis tools and software
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Posted By
Posted in
Banking & Finance
Job Code
1442635
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