Senior Officer- Credit

JOB PURPOSE:

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 banks risk appetite and Target Market Risk Acceptance Criteria (TMRAC) 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 organisations 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 clients financial statements bank statements and/or Audited Financial Statements investigate the clients credit history/credit reports to meet banks lending standards.
• Possess thorough indepth knowledge on financials includes verifying figures cash flow data income statement. Analysing 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 borrowers 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 analyse restructure requests given by existing loan customers and recommend restructure in line with banks 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 JobRelated tasks/projects as and when assigned by Line Manager.

Qualifications :

Qualification:

Minimum Education required: Minimum bachelors degree preferably in Finance/Banking/ Commerce.

Experience:

Minimum 5 years in Credit and/or Banking experience.

Remote Work :

No

Employment Type :

Fulltime