Credit Officer, Commercial Credit Management - SME MY

CIMB; Malaysia; On-site; MYR 40,000 - 60,000; Full time

Job summary

A leading banking institution in Malaysia is seeking a Credit Verification Officer to screen loan applications, conduct credit checks, and assess risks. The role involves verifying information, making recommendations on loan approvals, and submitting suspicious applications for fraud detection. The ideal candidate should possess strong analytical skills and attention to detail, ensuring accurate and thorough evaluations in a high-stakes environment.

Qualifications

• Strong analytical skills for risk identification.
• Experience in credit processing and evaluation.
• Attention to detail in verifying loan applications.

Responsibilities

• Screen and ensure information for loan applications is adequate.
• Conduct credit checks and income verification.
• Evaluate risks associated with loan applications.
• Make recommendations on loan approval or decline.

Job description

Credit Verification

1. To screen and ensure all information in relation to loan applications and supporting documents received are in order and adequate for credit processing.
2. To ensure credit checking of loan applications received are completed by sales force.
3. To input credit related information into BCS of applicant(s), if any.
4. Existing and Related Borrowing confirmation.
5. To check all existing and related borrowings for repayment track record.
6. Confirming credit bureau checking (e.g. CTOS/DCheque/CCRIS)
7. To verify and review the initial checking by Sales Force.
8. Income verification
9. To check criteria for Decline (Represent) due to incomplete or insufficient documents submitted.

Credit Evaluation and Recommendation

1. Risk identification and mitigation
2. To identify the risk of every application received, if any and mitigating factor using the five ‘C’ namely Character, Capacity, Capital, Condition, Collateral etc.

Recommendation

1. Based on the evaluation, recommendation to either approve, approve with variation or decline the loan.
2. To generate CR09 and escalate application beyond credit officer/supervisor’s DA to Credit Manager for decision based on the loan amount applied via BCS.

Fraud Detection

1. Submit all suspected fraud applications to Fraud Management Unit for confirmation.
2. Other duties and responsibilities as and when requested by superior.