Financial Officer

Alliance Recruitment Agency; Mumbai; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Alliance Recruitment Agency in Mumbai seeks an experienced Credit Analyst to evaluate financial statements, assess creditworthiness, and perform due diligence to support sound lending decisions.

The role covers loan processing with proper documentation, regulatory compliance, and maintaining records. You will interact with clients to explain terms, collect information, and provide professional service while monitoring repayments for potential NPAs.

Qualifications

• Bachelor's degree in finance, accounting, or related field.
• 5+ years in NBFC/financial institution with credit assessment experience.
• Experience in recovery and NPAs is highly desirable.

Responsibilities

• Credit Assessment: Evaluate financial statements and books of media and influencer marketing companies, determine creditworthiness and risk.
• Loan Processing: Process loan applications with complete and accurate documentation, manage documentation and regulatory compliance.
• Compliance and Documentation: Ensure regulatory and internal policy compliance, maintain detailed records of loan transactions.
• Client Interaction: Explain loan terms, respond to queries, and provide professional customer service.
• Recovery and NPA Management: Monitor repayments, identify NPAs, and negotiate payment plans.

Skills

Analytical skills

Attention to detail

English communication

MS Office proficiency

Multitasking

Education

Bachelor's degree in finance, accounting, business administration, or related field

Master's degree or CA/CFA certification is a plus

Tools

MS Office

Financial software

Job description

Key Responsibilities

• Credit Assessment:
  • Evaluate financial statements and books of media and influencer marketing companies.
  • Determine the creditworthiness and financial stability of potential clients.
  • Conduct thorough due diligence and risk assessment.
• Loan Processing:
  • Process loan applications, ensuring all required documentation is complete andaccurate.
  • Manage loan documentation and compliance with regulatory requirements.
  • Coordinate with clients to gather necessary information and clarify loan terms.
• Compliance and Documentation:
  • Ensure all loan processing activities comply with regulatory standards and internalpolicies.
  • Maintain detailed and accurate records of all loan transactions and client interactions.
  • Prepare and review loan agreements, contracts, and other legal documents.
• Client Interaction:
  • Communicate effectively with clients, explaining loan terms and addressing any queries.
  • Provide excellent customer service, maintaining a professional and helpful demeanour.
  • Manage client relationships, ensuring a positive experience throughout the loanprocess.
• Recovery and NPA Management:
  • Monitor loan repayments and identify potential non-performing assets (NPAs).
  • Develop and implement strategies for recovery of overdue payments.
  • Engage with clients to negotiate repayment plans and resolve default issues.

Qualification and Skills

• Education:
  • bachelor's degree in finance, Accounting, Business Administration, or a related field.
  • master's degree or professional certification (e.g., CA, CFA) is a plus.
• Experience:
  • Minimum of 5 years of experience working in an NBFC or financial institution.
  • Proven experience in credit assessment, loan processing, and compliance.
  • Experience in recovery and managing NPAs is highly desirable.
• Skills:
  • Strong analytical skills with the ability to interpret financial data
  • Excellent attention to detail and accuracy in documentation.
  • Fluent in English with excellent communication and interpersonal skills.
  • Proficient in using financial software and MS Office applications.
  • Ability to multitask and handle various responsibilities simultaneously.
• Personal Attributes
  • Versatility: Ability to handle diverse tasks and adapt to changing priorities.
  • Integrity: High ethical standards and professionalism.
  • Problem-Solving: Strong problem-solving skills with a proactive approach.
  • Team Player: Ability to work collaboratively in a small team environment.