Credit Processing Associate

IIFL Home Finance Ltd.; Chennai; On-site; INR 400,000 - 600,000; Full time

Job summary

IIFL Home Finance Ltd. in Chennai is seeking a detail-oriented Credit Processing Associate to support the evaluation, processing, and approval of credit applications.

The role involves reviewing financial documents, assessing creditworthiness, coordinating with internal teams, and ensuring adherence to credit policies and regulatory guidelines. The candidate will review and process loan applications, scan documents into the system, and ensure completeness before processing.

Qualifications

• Bachelor's degree in finance, Commerce, Business Administration, or related field.
• Familiarity with credit systems and MS Excel.
• Understanding of regulatory and compliance frameworks.

Responsibilities

• Review and process loan/credit applications in line with internal policies.
• Scan all the documents and upload the same in the system.
• Ensure completeness and accuracy of all required documents before processing.
• Coordinate with Sales teams for any missing or additional information.
• Initiate legal technical vetting in the system.
• Follow up on pending cases and resolve discrepancies in a timely manner.

Skills

Communication

Coordination

Multitasking

Excel

Education

14 years BFSI

Job description

Job Purpose:

We areseeking a detail-oriented and analytical Credit Processing Associate to supportthe evaluation, processing, and approval of credit applications

The roleinvolves reviewing financial documents, assessing creditworthiness,coordinating with internal teams, and ensuring adherence to credit policies andregulatory guidelines

Key Responsibilities:

• Review and process loan/credit applications in linewith internal policies
• Scan all the documents upload the same insystem
• Ensure completeness and accuracy of all requireddocuments before processing
• Coordinate with Sales teams for any missing oradditional information
• Initiate legal technical vetting in the system
• Followup on pending cases and resolve discrepancies in a timely manner

Skills Required:

• Good communication and coordination skills
• Ability to manage multiple applications simultaneously
• Familiarity with credit systems and MS Excel
• Understanding of regulatory and compliance frameworks

Educational Qualifications and Experience:

• Bachelors degreein finance, Commerce, Business Administration, or related field
• 14 years ofexperience in credit processing, loan underwriting support, or financialanalysis (preferred in BFSI sector)
• Basicunderstanding of financial statements and credit risk assessment