The key purpose is to determine whether the borrower is eligible for financing and the requested credit POS Loan facility is in line with the bank s risk appetite and Target Market Risk Acceptance Criteria (TM-RAC) by conducting detailed Credit analysis and assessment of POS credit applications.
Key Accountabilities:
- Review, Analyse and prepare credit memo with all customer details. Initiate field visit for customers who are eligible for loan after initial analysis.
- Recommend and prepare loan proposals keeping in mind the policies, procedures, and standard operating procedures in mind.
- Adhere to and comply with departmental policies, processes, standard operating procedures, and practices so that work is carried out in a smooth and methodical manner.
- Exhibit consistency with organization s values and ethics always to demonstrate a value driven culture within the bank.
- Contribute towards continuous improvement and sustainability of systems, processes, and methods in line with changing needs and requirements to efficiently carry out our duties.
Job Context:
- Analyse client s financial statements - bank statements and/or Audited Financial Statements, investigate the client s credit history/credit reports to meet bank s lending standards.
- Possess thorough in-depth knowledge on financials - includes verifying figures, cash flow data, income statement. Analyzing different ratios and presenting financial analysis to the delegated authority.
- Ensure completeness and correctness of documentation to avoid fraud.
- In depth analysis of all loan related to borrower s financial ratios like turnover ratios, debt service coverage ratio to ensure error free underwriting and ensuring that loan amount proposed is in line with policy of the bank.
- Review and analyze restructure requests given by existing loan customers and recommend restructure in line with bank s policy.
- Review deferral/waiver requests given by existing customers and recommend the same keeping in mind the credit risk involved.
- Process of loan applications and service requests efficiently and within agreed timelines.
- Verify checks through various FAB application systems like: OBIEE, Vision Plus, Globus, Intellect, Customer Connect & also from external systems like: AECB, Central bank checks (CBRB & CRS) & Firco.
- To work under pressure without compromise on quality.
- Ensure that all the approved loans and proposal related documents are complete and shared in the common folder to safeguard any missing or misplaced documents.
- To perform any additional Job-Related tasks/projects as and when assigned by Line Manager.
Qualification:
- Minimum Education required: Minimum bachelor s degree preferably in Finance/Banking/ Commerce.
Experience:
- Minimum 10 years in Credit and/or Banking experience.
