Credit Processing Associate
3 days ago
Roles and Responsibilities
- Review credit proposals, including Cibil checks, loan applications, and supporting documents.
- Collecting the needed financial documentation and assessing the clients' creditworthiness.
- Calculating and analyzing the risk ratios of clients based on their credit score and financial history
- Approving or denying loan requests, and communicating your decision to both clients and management.
- Maintaining records of loan applications by using loan management software.
- Managing loan renewals by organizing followup meetings with clients.
- Monitoring the progress of the loan application process and relaying any hindrances to clients
Desired Skills:
- Bachelor degree required
- A minimum of 2 years' experience as a credit officer.
- Knowledge of loan application procedures and best lending practices according to state laws and regulations.
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