Loan Officer

2 weeks ago


India Ujjivan Small Finance Bank Full time

**Loan Officer-Micro Banking**:
Multiple locations
- Department- WEST BUSINESS- Job posted on- Jun 12, 2023- Employee Type- Permanent- Experience range (Years)- 0 - N.A. Position vacant: Loan Officer-MB

Grade: UJJ-C

Department:MB

1. Field Operation:

- Compliance and management
- Promotion - Promotes new potential clients and eligible GL clients offering the Individual Lending products
- Loan Appraisal
- Informs potential clients about the requirements, conditions of the Individual Loans products, the procedures to obtain a loan, the importance of the payments on time, the penalties system in case of not paying on time, insurance, etc
- Makes sure that the client meets the requirements.
- Set’s an appointment with the client for the assessment and visits the client on time.
- Visits the guarantor, explains about his/her role during the loan term.
- Analyzes and presents a consistent loan proposal to the Credit Committee for its approval.
- Informs the client about the Credit Committee decision.

Follow - up
- Follows the loan disbursement process.
- In case of arrears visits clients and guarantors for the loan recovery and coordinates with Manager the cases in arrears > 90 days for legal procedure
- Informs the Senior Loan officer or Manager about the demand in his/her assigned area as well as on the competition.
- Makes a close follow up of the disbursed loans, especially of the ones not paying on time - Loan Utilization Check
- Responsible for his portfolio administration, promoting its growth and keeping it with acceptable levels of arrears which requires daily planning and organization of activities.
- Reports to the Customer Relationship Manager regarding his or her work, thus meeting the pre-established daily goal.
- Client service


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