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Job Type: Contractual
Job Experience: 3.00 years
Posted On: Mar 16, 2021
Last Date: Mar 23, 2021
- Post Disbursement Verifications of Loans disbursed during the preceding month. The officer will do verification of 20% loan cases disbursed by the branch during previous (preceding) month. CMD will provide list of 20% borrowers disbursements made during a month and the officer will perform post verification of said borrowers on following parameters. Keeping in view the risk profile of concerned branch, the sample maybe increased by CMD. To verify credit worthiness. Reputation of customer. Ensure the loan was utilized for the purpose it was taken off. Repayment capacity of the Borrower. Ensuring existence of borrower and guarantor & their businesses (economic activity) through verification of home & business addresses etc. and interacting with applicants / guarantors. To assess whether borrowers and guarantor know & understand important loan terms, repayment amounts, due date of repayments and guarantee concept and their obligations in case of non-payment. To identify any severe nature non-compliance during verifications. Report regarding the field observations to be submitted to Credit Management Department on monthly basis so as to reach the report 10th of every month. Pre verification of the borrower’s credentials on need basis when required by Credit Management Department (CMD), HO. Responsible to ensure that before submission of loan application and documents for approval, the case is in compliance with the bank Credit Policy & Procedures and other guidelines circulated from time to time. Responsible to ensure accuracy of data input made in credit MIS from source documents related to cash flow & Loan applications. Ensure prevision/attachment of positive E-CIB report of the borrower with the case. On the time of onboarding goldsmiths on the branch panel, VO to verify his credentials as per the banks policy. Visit the Goldsmith on the Bank panel on quarterly basis and submit the report to CMD latest by 6th of the following month. Submission of all verification MIS/reports as per prescribed format to CMD on monthly basis latest by 5th of the following month. Verification of the prospective BB customers if the working within functional limit of the branch. Any other assignments received from Manager Credit verifications.
- Hold a Bachelor’s degree from a reputable Institution in the fields of Business Administration/Banking & Finance/ Agriculture/Economics/Accounts. Have 2-3 years of credit and / or operations related experience.
- Essential Skills:
- Micro Finance Banking experience Proficient in MS Office Negotiation Skills Sound communication and interpersonal skills
- Desired Skills:
- Excellent presentation skills. Ability to work under pressure.
- Academic Qualification:
- Area Of Specialization:
- Credit compliance and field verification
- Computer Proficiency:
- Other Details/Skills:
- Talagang Branch
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