Loan Processor

Nittan Capital Finance Inc; Baguio; On-site; PHP 279,000 - 390,600; Full time

Job summary

A financial services company based in Baguio seeks a dedicated credit analyst responsible for protecting against fraudulent accounts and conducting thorough analyses of credit applications. The ideal candidate will evaluate risk profiles based on financial documentation and ensure compliance with regulations. Responsibilities include verifying loan documentation accuracy, utilizing financial models, and preparing detailed reports. Strong analytical skills and attention to detail are key for success in this role.

Qualifications

• Strong analytical skills with attention to detail.
• Ability to assess financial documentation and creditworthiness.
• Familiarity with compliance regulations and internal policies.

Responsibilities

• Protect the company from fraudulent accounts through thorough investigations.
• Conduct analysis of loan applications and credit reports.
• Evaluate the risk profile of borrowers based on various factors.
• Ensure compliance with guidelines while reviewing credit applications.
• Verify accuracy of loan documentation and identify discrepancies.
• Utilize financial models to assess credit proposals' viability.
• Prepare credit review reports summarizing findings.
• Provide timely responses to inquiries from stakeholders.
• Conduct external verification to validate client data.
• Use various methods to validate information submitted by clients.

Job description

• Protect the company from fraudulent accounts by doing thorough investigations and review of all accounts being processed.
• Conduct a thorough analysis of loan applications, financial statements, credit reports, and other relevant documentation to assess the creditworthiness of borrowers.
• Evaluate the risk profile of borrowers by analysing factors such as income stability, debt-to-income ratio, credit history, collateral, and industry trends.
• Ensure compliance with internal policies, guidelines, and regulatory requirements while reviewing credit applications.
• Verify the accuracy and completeness of loan documentation, including legal and financial documentation, and identify any potential discrepancies or red flags.
• Utilize financial models and tools to assess credit proposals' viability and profitability and determine appropriate loan terms and conditions.
• Prepare detailed credit review reports summarizing the analysis, findings, and recommendations for credit decisions.
• Provide timely and accurate responses to inquiries from internal stakeholders and maintain a customer-centric approach in dealing with external customers.
• Conducts external verification to validate data/information provided/submitted by clients concerning their loan applications.
• Use or find different methods of validation to verify the information provided/submitted by clients.
• Other tasks that may be endorsed by the department head.