Credit Processing Agent

Hotfoot; Chennai District; On-site; INR 350,000 - 600,000; Full time

Job summary

Hotfoot is seeking a Credit Processing Agent in Chennai to manage end-to-end loan application processing within banks or NBFCs. You will verify documents, assess creditworthiness from financial statements, and ensure timely disbursement in compliance with RBI guidelines.

The ideal candidate has 2–3 years of credit processing experience, strong Excel skills, and the ability to work with underwriters, sales and operations to maintain accuracy and meet TAT targets.

Qualifications

• 2-3 years of credit processing/loan operations experience in Banks/NBFCs.
• Strong ability to interpret financial statements (Balance Sheet, P&L, Cash Flow).
• Familiarity with credit documentation, verification, and credit bureau reports.

Responsibilities

• Process and review credit/loan applications for accuracy and completeness.
• Verify KYC, income proofs, and other financial documents.
• Analyze financial statements to assess applicant's creditworthiness and repayment capacity.
• Coordinate with credit underwriters, sales and operations for smooth processing.
• Ensure adherence to internal credit policies, RBI guidelines, and compliance norms.
• Conduct pre-disbursement checks and validate credit bureau reports (CIBIL/Experian).
• Maintain accurate records and update LMS.
• Handle loan processing queries with internal and external stakeholders.
• Ensure Turnaround Time targets are met for file processing.
• Coordinate with legal/technical teams for collateral-based loans if applicable.

Skills

Credit processing

Financial statement analysis

KYC & compliance

Documentation & verification

Attention to detail

Communication & coordination

TAT focus

Lending regulatory norms

Education

Commerce graduate

Tools

MS Excel

LMS tools

Job description

Job Title: Credit Processing Agent

Experience: 2-3 Years

Qualification: Any Commerce Graduate (B.Com / M.Com / BBA Finance preferred)

Industry Background: Candidates from Banks / NBFCs only

Notice Period: Immediate Joiners preferred

Employment Type: Full-Time

Job Summary:
We are looking for an experienced Credit Processing Agent to manage end-to-end loan/credit application processing. The ideal candidate will have hands-on experience in credit documentation, verification, and disbursement processes within a Bank or NBFC environment, along with a solid understanding of financial statements for credit assessment.

Key Responsibilities:

• Process and review credit/loan applications for accuracy and completeness
• Verify KYC documents, income proofs, and other financial documentation
• Analyze financial statements (Balance Sheet, P&L, Cash Flow) to assess applicant's creditworthiness and repayment capacity
• Coordinate with credit underwriters, sales, and operations teams for smooth loan processing
• Ensure adherence to internal credit policies, RBI guidelines, and compliance norms
• Conduct pre-disbursement checks and validate credit bureau reports (CIBIL/Experian etc.)
• Maintain accurate records and update loan management systems (LMS)
• Handle query resolution related to loan processing with internal and external stakeholders
• Ensure TAT (Turnaround Time) is met for credit file processing
• Coordinate with legal/technical teams for property or collateral-based loans (if applicable)

Required Skills:

• 23 years of relevant experience in credit processing/loan operations within a Bank or NBFC
• Working knowledge of Financial Statements (Balance Sheet, P&L Account, Cash Flow Statement) and ability to interpret key financial ratios
• Strong knowledge of credit documentation and verification processes
• Familiarity with credit bureau reports and basic underwriting parameters
• Good understanding of compliance and regulatory norms in lending
• Proficient in MS Excel and loan processing software/LMS tools
• Strong attention to detail and ability to work under TAT pressure
• Good communication and coordination skills
• Reading & plotting financials from P&L, Balance sheet, and Schedules in the required format.

Preferred:

• Experience in Retail Lending / Personal Loans / Home Loans / Business Loans / Vehicle Loans (mention specific product if relevant)
• Prior exposure to CBS or loan origination systems (LOS)
• Exposure to financial statement analysis for SME/Business Loan credit assessment