A Credit Analyst evaluates loan applications and checks the financial condition of individuals or businesses. The main role is to assess repayment capacity, verify documents, analyze bank statements, income, CIBIL/credit reports, and identify risk before recommending loan approval or rejection.
Key Responsibilities:
- Review loan applications and customer profiles
- Check KYC and financial documents
- Analyze bank statements, ITR, salary slips, GST, and business proofs
- Verify CIBIL/credit history and repayment behavior
- Assess customer income, liabilities, FOIR, and eligibility
- Identify fraud risk and document discrepancies
- Prepare credit appraisal notes and risk analysis reports
- Recommend approval, rejection, or conditional approval
- Coordinate with sales, operations, legal, and verification teams
- Ensure compliance with company credit policy and RBI/internal guidelines
- Monitor pending cases and maintain proper records
Required Skills:
- Knowledge of loan underwriting and credit assessment
- Understanding of bank statement analysis and income calculation
- Knowledge of CIBIL, FOIR, LTV, EMI calculation, and risk parameters
- Good analytical and decision-making skills
- Attention to detail
- Basic Excel and MIS knowledge
- Good communication and reporting skills
Eligibility:
- Graduate in Finance, Commerce, Business, or related field
- MBA/PGDM in Finance is preferred
- Experience in banking, NBFC, fintech, or the loan sector is an advantage
Common Products Handled:
- Personal Loan
- Business Loan
- LAP
- Home Loan
- Vehicle Loan
- Gold Loan
- Short-term Loan
Job Type: Full-time
Pay: ₹15,000.00 - ₹20,000.00 per month
Work Location: In person
