Credit Officer

Job Description: Loan Credit Executive

Experience: 1–3 years in Credit Underwriting / Loan Processing

Employment Type: Full-time

Reports To: Credit Manager / Operations Head

Job Purpose

The Loan Credit Executive will be responsible for evaluating loan applications, assessing borrower creditworthiness, and ensuring all underwriting processes adhere strictly to the company’s credit policy and regulatory guidelines. This role requires an analytical mind capable of evaluating risk quickly and efficiently to maintain a healthy Turnaround Time (TAT) without compromising portfolio quality.

Key Responsibilities

• Credit Evaluation & Underwriting: Conduct detailed verification and analysis of customer profiles, financial statements, bank statements, and income documents to determine eligibility for unsecured or secured loan products.
• Risk Assessment: Evaluate credit reports from bureaus (CIBIL, Experian, etc.) to analyze past repayment tracks, leverage ratios, and potential early warning signals.
• Documentation & Compliance: Ensure 100% compliance with Internal Credit Policies, KYC norms, and RBI regulations. Verify the authenticity of all submitted documents.
• Data Verification & Coordination: Coordinate with field investigation, fraud prevention, and legal teams to clear triggers or ambiguities regarding customer details or property evaluation.
• TAT Management: Efficiently manage the loan lifecycle from login to sanctioning, ensuring minimal Turnaround Time (TAT) while maintaining underwriting quality.
• System Upkeep: Maintain accurate records and data entry across the Loan Origination System (LOS) or internal credit portals.
• Qualifications & Requirements
• Education: Bachelor’s degree in Commerce, Finance, Business Administration, or a related field. (MBA Finance or M.Com is a plus).

Experience: Minimum 1 year of proven experience as a Credit Analyst, Loan Executive, or Underwriter within an NBFC, Bank, or Fintech setup.

Technical Skills:

• Familiarity with digital Loan Origination Systems (LOS) and Loan Management Systems (LMS).
• Proficiency in analyzing bank statements (using analyzers or manual lookups) and financial sheets.
• Strong working knowledge of MS Excel for data entry and tracking metrics.

Core Competencies: Strong analytical abilities, sharp eye for detailing/fraud detection, and effective communication skills to liaise across cross-functional sales and operations teams.