Business Loan Executive

2 weeks ago


Majiwada Thane Maharashtra, India Finirio Technology Full time

Business Loan Officer:
**Key Responsibilities**:

- **Client Relationship Management**:

- Build and maintain relationships with business clients seeking loans.
- Understand clients' financial needs and objectives to offer suitable loan products.
- **Loan Application Evaluation**:

- Analyze financial statements, credit reports, and other relevant documents to determine risk.
- Conduct thorough due diligence to verify information provided by applicants.
- **Risk Assessment and Mitigation**:

- Develop risk mitigation strategies and make recommendations to senior management.
- Ensure compliance with lending regulations and internal policies to minimize risk exposure.
- **Loan Structuring and Negotiation**:

- Structure loan terms and conditions based on the needs of the business and its financial situation.
- Negotiate loan agreements with clients to achieve mutually beneficial outcomes.
- Present loan proposals to decision-makers and provide recommendations for approval.
- **Documentation and Processing**:

- Prepare loan documentation and ensure accuracy and completeness.
- Coordinate with legal and compliance teams to finalize loan agreements.
- Oversee the loan closing process and ensure timely disbursement of funds.
- **Portfolio Management**:

- Monitor the performance of existing loan portfolios and identify potential risks.
- Conduct periodic reviews and assessments to ensure compliance with loan covenants.
- Proactively address any issues or concerns to mitigate loan defaults and losses.

**Job Types**: Full-time, Permanent, Fresher

**Salary**: ₹12,927.00 - ₹35,928.00 per month

**Benefits**:

- Cell phone reimbursement
- Paid sick time

Schedule:

- Day shift

Supplemental pay types:

- Performance bonus
- Yearly bonus

**Experience**:

- total work: 1 year (preferred)

Ability to Commute:

- Majiwada, Thane, Maharashtra (required)

Ability to Relocate:

- Majiwada, Thane, Maharashtra: Relocate before starting work (required)

Work Location: In person

**Speak with the employer**
+91 9819214626


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