Credit Officer @ Aanya Placement

Job Description

We are looking for a dynamic credit officer to join our company. In this role, your duties will include meeting with clients to set up the loan application process, gathering required financial documentation, and approving or denying loan requests based on your financial calculations.

To ensure success as a credit officer, you should have excellent financial acumen and the ability to accurately interpret financial data to make life-changing decisions. Ultimately, a top-notch credit officer should display exceptional business prowess, as well as strong knowledge of loan procedures and best practices according to financial laws and regulations.

Credit Officer Job Responsibilities:

• Meeting with clients interested in taking out a loan and providing them with the necessary information to start the loan application process.
• Collecting the needed financial documentation and assessing the clients' creditworthiness.
• Calculating and analyzing the risk ratios of clients based on their credit score and financial history.
• Approving or denying loan requests, and communicating your decision to both clients and management.
• Setting up payment plans for clients explaining monthly installment amounts, interest rates, and other costs.
• Maintaining records of loan applications by using loan management software.
• Managing loan renewals by organizing follow-up meetings with clients.
• Monitoring the progress of the loan application process and relaying any hindrances to clients.
• Ensuring that loan applications are in line with the company's financial policies, as well as state laws and regulations

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Keyskills:   account management financial analysis credit analysis risk management