Posted By
Pallavi Roge
Senior Executive - HR at Acaipl Investment & Financial Services Private Lim
Last Login: 18 May 2024
Posted in
Banking & Finance
Job Code
1401888
Job Description:
As a Loan Officer for our NBFC company, you will be responsible for evaluating loan applications, assessing the creditworthiness of applicants, and ensuring compliance with regulatory requirements. You will play a crucial role in managing the credit risk of the organization while facilitating the growth of our loan portfolio.
- Review loan applications submitted by individuals or businesses, analyze financial information, credit histories, and collateral to determine the feasibility of granting loans.
- Assess the creditworthiness of loan applicants by analyzing financial statements, credit reports, and other relevant information. Evaluate risk factors and make informed decisions on loan approvals or rejections.
- Structure loan terms and conditions based on the borrower's financial situation, risk profile, and the company's lending policies. Determine appropriate interest rates, repayment schedules, and loan amounts.
- Ensure compliance with regulatory requirements, company policies, and industry best practices in lending and credit operations. Stay updated on changes in regulations affecting lending activities.
- Build and maintain relationships with borrowers, providing assistance and guidance throughout the loan application process. Address customer inquiries, resolve issues, and ensure a positive customer experience.
- Monitor loan portfolios to identify potential risks and take proactive measures to mitigate them. Implement risk assessment techniques and strategies to maintain a healthy loan portfolio.
- Prepare loan documentation, including loan agreements, promissory notes, and other legal documents. Maintain accurate records of loan transactions, payments, and communications with borrowers.
Qualifications and Skills:
- Candidate must be CA qualified.
- Strong understanding of financial statements, credit risk assessment techniques, and lending principles.
- Knowledge of regulatory requirements and compliance standards governing lending activities.
- Effective communication and interpersonal skills for interacting with borrowers, colleagues, and regulatory authorities.
- Attention to detail, organizational skills, and the ability to manage multiple tasks simultaneously.
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Posted By
Pallavi Roge
Senior Executive - HR at Acaipl Investment & Financial Services Private Lim
Last Login: 18 May 2024
Posted in
Banking & Finance
Job Code
1401888