Sr. Credit Associate (Loan Manager)

Capitalnow; Hyderabad; On-site; INR 400,000 - 600,000; Full time

Benefits offered by this job

Comprehensive health insurance

Opportunities for professional growth

Inclusive work environment

Job summary

Capitalnow is looking for a skilled Sr. Credit Associate in Hyderabad to manage the loan verification process. You will review applications, verify documents, and assess creditworthiness to ensure accurate loan decisions.

The ideal candidate will possess strong communication skills, attention to detail, and experience in loan processing. Join us for a competitive salary and a dynamic work environment that fosters professional growth.

Qualifications

• 1-3 years of experience in a similar role, preferably as a Loan Manager or Sr. Credit Associate.
• Strong understanding of loan processing, credit assessment, and fraud detection.
• Ability to work under pressure while maintaining accuracy.

Responsibilities

• Review and verify loan applications ensuring all necessary documents are authentic.
• Evaluate applicant profiles to assess creditworthiness and determine eligibility.
• Communicate with internal teams to gather missing documents.

Skills

Loan processing

Credit assessment

Document verification

Fraud detection

Communication skills

Tools

CRM tools

Job description

Capital Now is India's trusted app-based digital lending platform catering to personal credit facilities. We leverage technology and big data analytics to deliver innovative credit products to salaried individuals. We are completely digitally driven, and the entire loan application process can be carried out online. We provide unsecured loans for up to Rs 1,50,000/- with easy and affordable instalment options.

As a Sr. Credit Associate (Loan Manager), you will play a crucial role in the loan verification process. You will be responsible for thoroughly reviewing loan applications, verifying submitted documents, and ensuring the accuracy and authenticity of the information provided by applicants. You will coordinate with various teams to acquire any missing documents and evaluate the creditworthiness of applicants based on thorough profile verification. Your work will directly contribute to the decision-making process regarding loan eligibility.

Key Responsibilities:

• Review and verify loan applications submitted by customers, ensuring that all necessary documents are provided and authentic.
• Thoroughly check submitted documents such as bank statements, KYC documents, and income proofs for accuracy and authenticity. Ensure compliance with the organization's policies.
• Evaluate applicant profiles, including employment status, income level, and financial behavior, to assess their creditworthiness. Make recommendations regarding the applicant's eligibility for a loan.
• Communicate with internal stakeholders (e.g., the underwriting team, customer support) to gather any missing or incomplete documents from applicants and ensure smooth processing.
• Flag any inconsistencies or potential fraudulent activities within applications and take appropriate action to mitigate risk.
• Based on document verification and profile analysis, determine the eligibility of applicants for loan approval or rejection. Ensure decisions are made in line with company policies and credit guidelines.

Requirements

• Proven experience of 1-3 years in a similar role, preferably as a Loan Manager or Sr. Credit Associate in banks, NBFCs, Fintech, or banking.
• Strong understanding of loan processing, credit assessment, document verification, and fraud detection.
• Familiarity with banking and financial regulations, and the ability to apply them effectively in the loan verification process.
• Excellent attention to detail and the ability to identify discrepancies or fraudulent activities in loan applications.
• Strong communication and interpersonal skills to effectively interact with internal teams.
• Ability to work under pressure and meet deadlines in a fast-paced environment while maintaining accuracy and attention to detail.
• Proficient in CRM tools.
• Knowledge of credit risk assessment and financial analysis.

Preferred Qualifications

• Experience in handling unsecured personal loans.
• Familiarity with digital lending platforms and loan verification systems.
• Competitive salary and benefits package.
• Opportunity for growth and career advancement.
• A dynamic, fast-paced, and supportive work environment.

Why Join Us

• Be part of a dynamic, fast-growing digital lending platform.
• Opportunity to make a meaningful impact by helping people access financial resources.
• Work in a collaborative, inclusive, and diverse work environment.
• CapitalNow is a growth company that looks for team members to grow with it. We offer a generous total rewards package, dynamic work environment, a diverse and inclusive culture, and an energizing atmosphere for professional development.

What Can You Expect From Us

• Comprehensive health insurance for you and your family.
• Opportunities for professional growth and career advancement.
• A collaborative and inclusive work environment that values diversity.

Capital Now is an equal opportunity employer. We are committed to creating an inclusive environment where employees of all backgrounds and identities can thrive. We encourage candidates from diverse backgrounds to apply.