Branch Credit Officer - Raipur

Sundaram Home Finance; Raipur; On-site; INR 450,000 - 650,000; Full time

Job summary

Sundaram Home Finance Limited is seeking a Branch Credit Officer (BCO) to underwrite and process home loan applications, assessing creditworthiness and completeness of documents. You will drive the end-to-end loan process from login to disbursement while adhering to policy and regulatory standards.

The candidate should have 2+ years of underwriting experience in home loan products, strong analytical and communication skills, and proficiency in Excel, with work across PAN India locations.

Qualifications

• Graduate degree; MBA/CA preferred.
• 2+ years of underwriting experience in home loan/related products.
• Sound understanding of home loan products and policies.
• Proficiency in Excel and data analysis.

Responsibilities

• Credit process management from application to disbursement.
• Review documents for eligibility and genuineness.
• Credit appraisal within defined guidelines and recommend approvals.
• Coordinate with Sales, Operations, Legal, and other teams.
• Ensure compliance with NHB and regulatory requirements.
• Maintain timelines (TAT) for sanction letters and processing.

Skills

Underwriting

Analytical skills

Communication skills

Excel

Education

Graduate

MBA/CA preferred

Job description

Group Company: Sundaram Home Finance Limited

Designation: Branch Credit officer (BCO)

Office Location:PAN India

Position description: Responsible for underwriting and completing the loan processing by conducting appraisal to ascertain the eligibility and credit worthiness

Primary Responsibilities:

Credit process management

• Understanding of credit policy and process thoroughly including the products available
• Completing the loan application process from login to disbursement by collecting all the required documents as well as clarifying requirements with the customer and sales team
• Scrutinizing the documents shared by the customer to check the eligibility and for accuracy/genuineness of the documents to consider the application for loan eligibility
• Credit Appraisal of Loan applications within defined guidelines and accordingly take decision or recommend for approval to higher authorities.
• Under writing cases with desired level of quality and enabling achievement of Branch Business target by proper training.
• Conduct personal discussion with customers to establish Credit worthiness.
• Use performance history along with financial analysis, liquidity, debt/asset management and profitability ratios to assess creditworthiness in evaluation.
• Interact with Customers & understand the business and regularly monitor delinquencies.
• Decision making within defined TAT
• Understanding of property/collateral related knowledge (like legal title and market value of the property)
• Credit underwriting on the customer to make sure that customer fits into various lending parameters.
• Identifying strengths and risks for any proposal and prepare a SWOT analysis around it.
• Regularly interacting with the FI agency, Legal, Technical team, RCU team for timely reports.
• Coordinating with Operations team for disbursement
• Ensuring maintenance of TAT for the application for processing and delivering sanction letters
• Preparing, managing and providing information/queries on application status pertaining to WIP / sanction files.
• Handling audit queries and providing clarifications
• Ensuring zero tolerance to non-compliances by adhering to organizational procedures as well as NHB and other regulatory authorities
• Completing the loan application process from login to disbursement by collecting all the required documents as well as clarifying requirements with the customer and sales team
• Developing notes for management reviews and recommendation as deemed necessary

Others

• Any other tasks which will be required to be performed from time to time as per the instructions

Reporting Team

• Reporting Designation:Zonal Credit Manager
• Category:Graduate, MBA/CA preferred
• Field specialization:MBA/CA

Required work experience:

• Years of experience: 2+ years of experience in underwriting home loan/non home loan/construction finance products/related companies

Key Performance Indicators:

Required Skills:

• Sound understanding of home loan products in the industry
• Market understanding including products/policies of competitors
• Proficient in underwriting
• Excellent analytical skills including understanding/interpreting financials
• Excellent communication skills (oral and written) with a reasonable proficiency in the local language
• Proven ability to develop and manage networking/relationship internally and externally
• Working experience in using excel/spreadsheets