Loan Processing Officer

Finrise Fintech; Pune District; On-site; INR 450,000 - 600,000; Full time

Job summary

Finrise Fintech in Pune is seeking a Loan Processing Officer to review and process loan applications, ensuring accuracy and compliance with company policies and regulatory requirements.

The role involves coordinating with underwriters, verifying income, employment, and credit history, and communicating with applicants about status while maintaining attention to detail in a fast-paced environment. This position offers growth opportunities in lending regulations.

Qualifications

• Bachelor degree in Business Administration, Finance, or equivalent experience.
• 2+ years of experience in loan processing or a related field.
• Strong attention to detail and organizational skills.
• Ability to work in a fast-paced environment and handle multiple tasks simultaneously.
• Familiarity with loan processing software and financial regulations.

Responsibilities

• Review loan applications for completeness and accuracy.
• Verify applicant information, including income, employment, and credit history.
• Coordinate with underwriters to resolve any discrepancies or issues.
• Communicate with applicants regarding the status of their loans and request additional information as needed.
• Ensure compliance with all local, state, and federal lending laws.

Skills

Attention to detail

Organizational skills

Multi-tasking

Education

Bachelor degree in Business Administration, Finance, or equivalent experience

Tools

Loan processing software

Job description

The Loan Processing Officer will be responsible for reviewing and processing loan applications, ensuring all documentation is accurate and complies with company policies and regulatory requirements.

Key Responsibilities

• Review loan applications for completeness and accuracy.
• Verify applicant information, including income, employment, and credit history.
• Coordinate with underwriters to resolve any discrepancies or issues.
• Communicate with applicants regarding the status of their loans and request additional information as needed.
• Ensure compliance with all local, state, and federal lending laws.

Requirements

• Bachelor degree in Business Administration, Finance, or equivalent experience.
• 2+ years of experience in loan processing or a related field.
• Strong attention to detail and organizational skills.
• Ability to work in a fast-paced environment and handle multiple tasks simultaneously.
• Familiarity with loan processing software and financial regulations.