Website:
hotfoot.co.in
Job details:
Job Title: Credit Processing Agent
Experience: 2-3 Years
Qualification: Any Commerce Graduate (B.Com / M.Com / BBA Finance preferred)
Industry Background: Candidates from Banks / NBFCs only
Notice Period: Immediate Joiners preferred
Employment Type: Full-Time
Job Summary:
We are looking for an experienced Credit Processing Agent to manage end-to-end loan/credit application processing. The ideal candidate will have hands-on experience in credit documentation, verification, and disbursement processes within a Bank or NBFC environment, along with a solid understanding of financial statements for credit assessment.
Key Responsibilities:
- Process and review credit/loan applications for accuracy and completeness
- Verify KYC documents, income proofs, and other financial documentation
- Analyze financial statements (Balance Sheet, P&L, Cash Flow) to assess applicant's creditworthiness and repayment capacity
- Coordinate with credit underwriters, sales, and operations teams for smooth loan processing
- Ensure adherence to internal credit policies, RBI guidelines, and compliance norms
- Conduct pre-disbursement checks and validate credit bureau reports (CIBIL/Experian etc.)
- Maintain accurate records and update loan management systems (LMS)
- Handle query resolution related to loan processing with internal and external stakeholders
- Ensure TAT (Turnaround Time) is met for credit file processing
- Coordinate with legal/technical teams for property or collateral-based loans (if applicable)
Required Skills:
- 23 years of relevant experience in credit processing/loan operations within a Bank or NBFC
- Working knowledge of Financial Statements (Balance Sheet, P&L Account, Cash Flow Statement) and ability to interpret key financial ratios
- Strong knowledge of credit documentation and verification processes
- Familiarity with credit bureau reports and basic underwriting parameters
- Good understanding of compliance and regulatory norms in lending
- Proficient in MS Excel and loan processing software/LMS tools
- Strong attention to detail and ability to work under TAT pressure
- Good communication and coordination skills
- Reading & plotting financials from P&L, Balance sheet, and Schedules in the required format.
Preferred:
- Experience in Retail Lending / Personal Loans / Home Loans / Business Loans / Vehicle Loans (mention specific product if relevant)
- Prior exposure to CBS or loan origination systems (LOS)
- Exposure to financial statement analysis for SME/Business Loan credit assessment
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