Job Description

The Credit Assessment Officer is responsible for evaluating loan applications and determining the creditworthiness of individuals and businesses. The role involves analyzing financial documents, reviewing credit histories, assessing risk, and making recommendations for loan approval or rejection in accordance with the organization's policies and regulatory requirements.

Key Responsibilities :

• Loan Application Evaluation :
• Review and assess loan applications to determine if applicants meet the organization's credit eligibility criteria.
• Analyze financial statements, income records, credit reports, and other relevant documents to evaluate the financial stability of applicants.
• Credit Risk Analysis :
• Conduct thorough risk assessments to evaluate the probability of default and overall risk associated with extending credit.
• Calculate and analyze applicants' debt-to-income ratios, credit scores, and payment history.
• Recommend loan terms, amounts, interest rates, and repayment schedules based on credit risk.
• Credit Approval & Decision Making :
• Prepare detailed reports and credit memos summarizing findings and recommendations for loan approvals, denials, or adjustments.
• Work with senior management, loan officers, and underwriters to discuss and finalize loan decisions.

Job Types: Full-time, Fresher

Pay: ?8,000.00 - ?22,000.00 per month

Supplemental Pay:

• Performance bonus

Education:

• Bachelor's (Required)

Experience:

• total work: 1 year (Preferred)

Work Location: In person

Speak with the employer
+91 9745402954