Credit Officer

Equitas Small Finance Bank; Nandal; On-site; INR 300,000 - 600,000; Full time

Job summary

Equitas Small Finance Bank requires a Credit Officer with 1–4 years of experience to evaluate customer loan proposals, engage in discussions, and support branch objectives from Nanded, Maharashtra.

The role emphasizes following credit policy to build a strong portfolio, ensuring complete files before disbursement, and escalating beyond empowered limits as needed to maintain governance and quality at the branch.

Qualifications

• Must have B.Com degree or equivalent.
• Experience in credit evaluation and loan appraisal.
• Strong communication skills and customer interaction.

Responsibilities

• Ensure proper credit evaluation of customers as per policy & process.
• Conduct personal discussion with customers for evaluation of loan proposal.
• Support the branch team in achieving desired branch objective.
• Appraise loan applications in line with credit policy of the organization.
• Ensure policy compliance to build a quality branch portfolio.
• Ensure files are complete before loan disbursement and maintain records.
• Ensure approval authority for up to 25 Lac is used fairly.
• Maintain quality portfolio of the branch.
• Underwrite proposals and decide on loan approval and disbursement within empowerment.
• Maintain high standards of credit appraisal through discussions with customers and required documentation.
• Evaluate income groups for Housing & LAP eligibility.
• Escalate proposals beyond empowered limit for review by Area/Regional Credit Manager.

Education

B.Com

Job description

Required Experience 1 - 4 years

No. Of Openings 1

External Title Credit Officer

Employment Type Permanent

Entity Equitas Small Finance Bank

Generic Role Credit Officer

External Title (Job Role) Credit Officer

Zone West

State Maharashtra

Region Maharashtra

PT Location Maharashtra

Branch Code 9084

Branch Name Nanded

Skill

B.Com

Job Description

• Ensure proper credit evaluation of customers as per policy & process
• Conduct personal discussion with customers for evaluation of Loan proposal
• Support the branch team in achieving desired branch objective.
• To diligently appraise loan applications in line with credit policy of the organization.
• Ensure Credit policies to build a good quality portfolio of the branch.
• Ensure File is completed in all aspects before the Loan is Disbursed & Maintain records.
• Ensure approving authority of 25 Lac is utilized in a fair & transparent manner
• Ensure Quality Portfolio of the branch is Maintained
• Underwrite proposals and make decisions on loan approval and disbursement within empowerment based on credit evaluation criteria
• Maintain high standards on credit appraisal through personal discussion with customer, as appropriate supplemented by documentation provided Minimize turnaround time per application
• Evaluation of assessed and declared income group eligible for Housing & LAP .

Escalate proposals beyond empowered limit for review of Area/Regional Credit Manager, as appropriate