Credit Officer

Sarala Development & Microfinance Pvt Ltd

Sarsuna, Kolkata/Calcutta

₹12,000 - ₹25,000 monthly*

Fixed

12000 - ₹20000

Average Incentives*

5,000

Earning Potential

25,000

You can earn more incentive if you perform well

Work from Office

Full Time

Any experience

No English Required

Job Details

Interview Details

Job highlights

103 applicants

Benefits include: PF, Travel Allowance (TA), Petrol Allowance, Mobile Allowance, Health Insurance

Job Description

Job Title: Credit Officer


Reports to: Credit Manager or Senior Credit Officer


Objective:


To evaluate and manage credit risk, ensuring that credit facilities are granted to customers in accordance with established policies, procedures, and regulatory requirements.


Key Responsibilities:


Credit Analysis:


1. Review and analyze financial statements, credit reports, and other relevant documents.

2. Assess creditworthiness of individuals and businesses.

3. Evaluate collateral and guarantee arrangements.


Credit Facility Management:


1. Approve or decline credit applications.

2. Structure and negotiate credit terms and conditions.

3. Monitor and manage credit exposure.

Risk Management:


1. Identify and mitigate potential credit risks.

2. Conduct regular reviews of customer credit files.

3. Recommend changes to credit limits or terms.


Customer Relationship Management:


1. Build and maintain relationships with customers.

2. Provide exceptional customer service.

3. Resolve customer complaints and issues.


Compliance and Regulatory:


1. Ensure adherence to credit policies, procedures, and regulatory requirements.

2. Maintain accurate and up-to-date records.

3. Report suspicious transactions or activities.


Additional Responsibilities:

1. Participate in credit committee meetings.

2. Conduct site visits and inspections.

3. Collaborate with other departments (e.g., sales, operations).


Skills and Qualifications:


1. 2+ years of credit analysis or lending experience.

2. Bachelor's degree in Finance, Accounting, or related field.

3. Strong analytical, problem-solving, and communication skills.

4. Knowledge of credit principles, policies, and procedures.

5. Familiarity with financial software and systems (e.g., Excel, Finacle).

6. Certification in credit analysis or risk management (e.g., CFA, CRMA).


Desirable Skills:


1. Experience with credit scoring models.

2. Knowledge of industry-specific credit risks (e.g., construction, agriculture).

3. Familiarity with regulatory requirements (e.g., Basel III, Anti-Money Laundering).

4. Second language proficiency.

5. Experience with credit portfolio management.


Performance Metrics:


1. Credit approval and decline rates.

2. Credit quality and delinquency ratios.

3. Customer satisfaction and retention.

4. Risk management and mitigation effectiveness.

5. Compliance with regulatory requirements.

Job Types:


1. Credit Analyst

2. Loan Officer

3. Risk Manager

4. Credit Manager

5. Financial Analyst


Industries:


1. Banking

2. Finance

3. Lending

4. Insurance

5. Financial Services


Note: This job description may vary depending on the organization, industry, or specific requirements.

Job role

Work location

Shrirampur, Sarsuna, Kolkata, West Bengal, India

Department

Banking / Insurance / Financial Services

Role / Category

Lending Operations

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Any experience

Education

10th or Below 10th

Skills

Customer service, Customer satisfaction, Customer need analysis, Customer relationship

English level

No English Required

Gender

Any gender

About company

Name

Sarala Development & Microfinance Pvt Ltd

Address

Shrirampur, Sarsuna, Kolkata, West Bengal, India

Job posted by Sarala Development & Microfinance Pvt Ltd

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