Credit Analyst

Overview

The Credit Department is tasked with overseeing the credit evaluation process, collaborating closely with the Relationship Manager team, and ensuring loans are disbursed promptly. This position demands a thorough understanding of banking protocols, document verification, and credit underwriting procedures. Additionally, the role involves managing re-loan workflows and coordinating with field personnel for customer validation, with a focus on maintaining smooth operations during critical deadlines such as month-end.

Key Duties

• Liaise with Relationship Managers to gather and authenticate all required customer documentation.
• Perform detailed validations of customer documents related to property ownership, salary details, and loan specifics.
• Evaluate client creditworthiness through analysis of CIBIL scores, salary statements, and existing loan commitments.
• Partner with field representatives for direct customer verifications.
• Review and sanction loan applications following underwriting criteria and banking policies.
• Supervise and expedite the loan disbursal process to ensure timely customer delivery.
• Manage re-loan processing and approvals, particularly during high-volume month-end periods.
• Work extended hours, including late nights up to midnight at month-end, to complete all necessary procedures.
• Maintain comprehensive records of all credit evaluations and client interactions.
• Keep abreast of current banking regulations, underwriting rules, and credit risk methodologies.