Credit Intern

Full–time

Posted on: 6 days ago

As a Loan Processing Officer, your role will involve handling loan applications, processing them efficiently, and following up with customers. You will be responsible for making sound lending decisions by assessing creditworthiness through the analysis of financial history, income documents, market information, and reference checks. Additionally, you will be required to conduct Telephonic PD/verification checks, visit customers for all proposals or applicants, and prepare CAM for loan recommendations and sanction approvals.

Key Responsibilities:
- Log loan applications, process them accurately, and follow up with customers.
- Make lending decisions based on thorough analysis and interaction with applicants.
- Assess creditworthiness by analyzing financial history, income documents, market information, and reference checks.
- Conduct Telephonic PD/verification checks and visit customers for all proposals or applicants.
- Prepare CAM for loan recommendations and obtain sanction approvals.
- Appraise loan applicants within defined policy guidelines and recommend them for approvals.
- Ensure adherence to internal credit policies, RBI guidelines, and other regulations.
- Process all proposals in a timely manner to ensure faster Turnaround Time (TAT).
- Monitor loan portfolios, prepare daily MIS reports for management review, and manage credit quality to control delinquencies and frauds.
- Market the products through offline and online platforms and conduct peer company and industry research to support credit decisions.

Qualifications Required:
- Basic understanding of credit underwriting and lending processes.
- Proficiency in MS Excel and MIS reporting (preferred).
- Good communication skills for customer interaction and verification.
- Strong analytical and documentation skills.

If you possess these qualifications and skills, you will thrive in this role as a Loan Processing Officer. As a Loan Processing Officer, your role will involve handling loan applications, processing them efficiently, and following up with customers. You will be responsible for making sound lending decisions by assessing creditworthiness through the analysis of financial history, income documents, market information, and reference checks. Additionally, you will be required to conduct Telephonic PD/verification checks, visit customers for all proposals or applicants, and prepare CAM for loan recommendations and sanction approvals.

Key Responsibilities:
- Log loan applications, process them accurately, and follow up with customers.
- Make lending decisions based on thorough analysis and interaction with applicants.
- Assess creditworthiness by analyzing financial history, income documents, market information, and reference checks.
- Conduct Telephonic PD/verification checks and visit customers for all proposals or applicants.
- Prepare CAM for loan recommendations and obtain sanction approvals.
- Appraise loan applicants within defined policy guidelines and recommend them for approvals.
- Ensure adherence to internal credit policies, RBI guidelines, and other regulations.
- Process all proposals in a timely manner to ensure faster Turnaround Time (TAT).
- Monitor loan portfolios, prepare daily MIS reports for management review, and manage credit quality to control delinquencies and frauds.
- Market the products through offline and online platforms and conduct peer company and industry research to support credit decisions.

Qualifications Required:
- Basic understanding of credit underwriting and lending processes.
- Proficiency in MS Excel and MIS reporting (preferred).
- Good communication skills for customer interaction and verification.
- Strong analytical and documentation skills.

If you possess these qualifications and skills, you will thrive in this role as a Loan Processing Officer.