Credit Processing Agent

Job Title: Credit Processing Agent

Experience: 2-3 Years

Qualification: Any Commerce Graduate (B.Com / M.Com / BBA Finance preferred)

Industry Background: Candidates from Banks / NBFCs only

Notice Period: Immediate Joiners preferred

Employment Type: Full-Time

Job Summary:
We are looking for an experienced Credit Processing Agent to manage end-to-end loan/credit application processing. The ideal candidate will have hands-on experience in credit documentation, verification, and disbursement processes within a Bank or NBFC environment, along with a solid understanding of financial statements for credit assessment.

Key Responsibilities:

• Process and review credit/loan applications for accuracy and completeness
• Verify KYC documents, income proofs, and other financial documentation
• Analyze financial statements (Balance Sheet, P&L, Cash Flow) to assess applicant's creditworthiness and repayment capacity
• Coordinate with credit underwriters, sales, and operations teams for smooth loan processing
• Ensure adherence to internal credit policies, RBI guidelines, and compliance norms
• Conduct pre-disbursement checks and validate credit bureau reports (CIBIL/Experian etc.)
• Maintain accurate records and update loan management systems (LMS)
• Handle query resolution related to loan processing with internal and external stakeholders
• Ensure TAT (Turnaround Time) is met for credit file processing
• Coordinate with legal/technical teams for property or collateral-based loans (if applicable)

Required Skills:

• 23 years of relevant experience in credit processing/loan operations within a Bank or NBFC
• Working knowledge of Financial Statements (Balance Sheet, P&L Account, Cash Flow Statement) and ability to interpret key financial ratios
• Strong knowledge of credit documentation and verification processes
• Familiarity with credit bureau reports and basic underwriting parameters
• Good understanding of compliance and regulatory norms in lending
• Proficient in MS Excel and loan processing software/LMS tools
• Strong attention to detail and ability to work under TAT pressure
• Good communication and coordination skills
• Reading & plotting financials from P&L, Balance sheet, and Schedules in the required format.

Preferred:

• Experience in Retail Lending / Personal Loans / Home Loans / Business Loans / Vehicle Loans (mention specific product if relevant)
• Prior exposure to CBS or loan origination systems (LOS)
• Exposure to financial statement analysis for SME/Business Loan credit assessment