Management Trainee, Credit Underwriting
- Genpact India
- 2 Yrs
- Jaipur
- 4 years ago
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Job Description
Management Trainee, Credit Underwriting
In this role, you would be responsible for reading and interpreting loan agreements (approx. 200-300 pages) and summarizing the key information like loan pricing, fees charged, loan amount, etc. and then validating it with the business software to ensure 100% accuracy of the system
Responsibilities
Perform KYC Check and Due Diligence Check on Borrowers and Debtors of Client (using LexisNexis)
Verification of Financial Statement, Bank Statement, and Invoice Report
Transaction Analysis based on A/R and A/P Reports for last 2 years
Pull Credit Reports using different Credit Bureaus (D&B, Equifax, Experian)
Perform financial spreading using financial statements (Company Analysis, profiling, Exposure Consolidation)
Calculate Debtor Dilution & Concentration
Manage exceptions
Create a structured template for financial spreading, Credit Analysis, Fraud Score, Borrower Input, etc. in a predefined format
Determine Preliminary Credit Score basis the Financial Spreading, Credit Analysis, Fraud Score, Borrower Input, etc.
Record-Keeping - All the data pulled from Credit Bureaus, Financial Spreading, Fraud Score Template, Borrower Input Template, etc. would be maintained and stored as per instructions of the client
Interact with customers to inform about Credit analysis decisions and gather additional information if required over phone and email
Weekly / Monthly Reporting, Dashboard preparation
Qualifications
Minimum qualifications
Bachelors degree in accounting/finance
Knowledge of the asset-based lending line of business, borrowing base concepts, and general knowledge of roles/responsibilities of origination, underwriting, portfolio servicing. Knowledge of Credit Analysis, Financial Spreading, Ratio Analysis, Use of Credit Bureaus, Transaction Analysis, etc is mandatory. Banking experience is preferred.
Effective communication and customer service skills both internally and externally focused and verbal and written, speak up and proactively notifies deal team members on updates. Ability to formulate open-ended questions in either verbal or written format
Knowledge of Microsoft applications (Excel, Word PowerPoint)
Preferred qualifications
Chartered Accountant/ MBA Finance/ M Com
Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Employement Category:
Employement Type: InternshipIndustry: IT - SoftwareRole Category: Risk / UnderwritingFunctional Area: Not ApplicableRole/Responsibilies: Management Trainee, Credit UnderwritingContact Details:
Company: Genpact IndiaLocation(s): Jaipur
Genpact India
Genpact (NYSE: G) is a global professional services firm focused on delivering digital transformation for our clients, putting digital and data to work to create competitive advantage. We do this by integrating lean principles, design thinking, analytics and digital technologies with our domain and ...
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