Credit Processing Associate | Fresher

Key Responsibilities

1. Login & Application Processing

• Log incoming commercial loan, lease, and equipment finance applications into the Loan Origination System (LOS) / CRM.
• Perform preliminary scrutiny of customer application files to ensure all mandatory KYC documents, bank statements, and tax filings are present.

2. Basic Credit Checks & Verification

• Generate and archive business and personal credit bureau reports using CIBIL, Commercial CIBIL, Experian, or High Mark.
• Initiate background and verification processes, including Know Your Customer (KYC), Anti-Money Laundering (AML) checks, and MCA/ROC registry verifications.

3. Financial Spreading & Data Analysis

• Perform basic banking analysis (reviewing 612 months of bank account statements for average monthly balances, outward bounces, and circular transactions).

4. Documentation & Compliance Support

• Assist in drafting basic Credit Approval Memos (CAM) and sanction notes highlighting borrower profile, loan amount, equipment type, and repayment capacity.

Qualification

• Education: Bachelor’s degree in Commerce (B.Com), Finance (BFM/BAF), Economics, Business Administration (BBA), or an MBA in Finance (Fresher).
• Experience: 0–1 year (Freshers are welcome; past internships in banking, accounting, or CA firms are a strong advantage).