Credit Officer Micro Enterprise Loans - Leading Financial Services Firm
Credit Officer Micro Enterprise Loans - Leading Financial Services Firm
Posted on :
27-01-2025
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Role Overview:
The Credit Officer is responsible for assessing evaluating and making decisions about unsecured loan applications. Their expertise is required in reviewing applications analyzing financial data and approving loans within the defined loan size.
Key Criteria
-
Minimum Qualification: Graduate
- The candidate must have completed at least a bachelors degree from a recognized institution. While specific disciplines arent mentioned degrees in finance accounting or business administration may be preferred.
-
Experience:
- The role requires a minimum of 5 years of experience in underwriting unsecured microfinance loan products.
- Unsecured microfinance loans: These are loans provided to individuals or small businesses without requiring collateral typically aimed at improving financial access for underserved populations.
- Loan size up to 10 Lakhs: The candidate should be skilled at evaluating and approving loans within this range indicating familiarity with this financial product type and scale.
- The emphasis on experience shows that this role is mid to senior level focusing on candidates who have developed the judgment needed to handle risk assessments effectively.
- The role requires a minimum of 5 years of experience in underwriting unsecured microfinance loan products.
-
Loan Underwriting:
- Assessing the creditworthiness of borrowers seeking unsecured microfinance loans up to 10 Lakhs.
- Using analysis methods such as reviewing financial statements repayment capacity credit history or alternative data points.
-
Risk Evaluation and Approval:
- Balancing risk while ensuring that loans meet the organizations guidelines and business goals.
-
Collaboration with MFIs/SFBs:
- Interacting or coordinating with partnered microfinance institutions or SFBs for operational efficiencies onboarding processes or credit product insights.
-
Market Understanding:
- A deep understanding of the target demographics loan structures repayment patterns and credit risk prevalent in the microfinance sector.
Credit Analysis,Credit Analyst,Credit Underwriter,Underwriting,Underwriter,Credit Underwriting,Unsecured Loans
Employment Type
Full Time
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
